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NETPLAYTV PERFORMS WELL IN FIRST QUARTER

04/11/2012 : NETPLAYTV PERFORMS WELL IN FIRST QUARTER
 
70 percent increase in new depositing players achieved
 
The troubled interactive television gambling group NetplayTV has posted more encouraging Q1 2012 numbers, showing:
 
• A 70 percent increase in new depositing casino players to 12,436 (Q1 2011: 7,320) and 34 percent increase on Q4 2011
 
• 44 percent increase in active depositing casino players to 21,869 (Q1 2011: 15,194) and 23 percent increase on Q4 2011
 
Management claims that the company's Q1 KPIs are ahead of the same period in 2011, reporting:
 
"Building on a strong Q4 2011 the Company continued to invest heavily in TV advertising throughout Q1 2012 to capitalise on the seasonally stronger periods of Q4 and Q1.
 
"This marketing strategy has continued to deliver improved KPIs, and resulted in a 20 percent increase in Q1 2012 average daily revenue versus Q1 2011, and a 9 percent increase on Q4 2011.
 
"In line with the company’s strategy of focussing in the core live TV casino offering, it has disposed of its non-core UK bingo business for a sum of GBP 375,000.
 
"At the end of Q4 2011 the company launched Supercasino.com on iPad complimenting the existing iPhone client, This initiative resulted in 18 percent of all Supercasino active players during the quarter coming via iPhone and iPad.
 
"The company also launched Jackpot247.com on both iPhone and iPad on 22 March and continues to further develop its mobile offering as it seeks to exploit the potential of this rapidly growing market.
 
NetPlayTV is scheduled to release its full year 2011 preliminary results on the 24 April 2012.

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Gambling News :

IGT Continues Partnership with Coljuegos EICE - IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.

Magic Spells SLot Launches - The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.

Mega Moolah progressive jackpot slot was hit for Euro 6,078,249.33 - Identified as N.C., the player was a novice who signed up to the online casino on a new customer bonus offering 100 chances to become a millionaire for Euro 5.

Lightning Box Games in Deal With Everi Games - Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.

Storspiller HighRoller Casino Launches - Storspiller.com is targeted at “high rollers” within Kindred’s total registered customer base who play for GBP 200 or more per month.

Another Attempt to Acquire Tatts - The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer

US Supreme Court Interested in NJ SportsBetting Case - The US Supreme Court, which is for the second year mulling whether to hear New Jersey's case for wider legalized sports betting in the United States ) has showed some interest in the case.

Ladbrokes Trading Update - The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:

Leovegas Player Wins a BMW X4 - A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.

New Survey on Europe Online Gambling Regulations - The companies delivered their conclusions, which include both EU and European Economic Area technical regulations, this week.

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