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Strong December For Netplay TV
01/10/2012 : OPTIMISTIC TRADING UPDATE FROM NETPLAY TV
Strong December as more player sign up
The UK interactive television gambling group NetplayTV plc struck an optimistic note in a trading update Tuesday, noting that after a strong December its Q4 numbers are looking good, and have shown an improvement over comparative statistics in 2010.
Management reported a 27.2 percent increase in new depositing casino players to 9,261 (Q4 2010: 7,278), and a 21.7 percent increase in active depositing casino players to 17,783 (Q4 2010: 14,608).
Based on these results, management expects the group's full year results will be ahead of expectations, said chief executive officer, Charles Butler.
Butler observed that the KPIs reflect the company's successful customer acquisition strategy which is now more heavily focused on TV advertising as well as its existing post-midnight teleshopping airtime.
During the quarter, as part of the new commercial arrangements with Channel 5, the company invested heavily in additional TV advertising. This strategy, although increasing marketing costs, has to date delivered cost effective customer acquisition.
Netplay used the opportunity to announce the launch of live roulette on Supercasino.com for iPad at the end of Q4 and indicated that it will be launching further games for iPhone and tablet throughout H1 2012.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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