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NEtplay TV Earnings Reports
Tuesday September 10,2013 : INTERACTIVE T.V. GAMBLING FIRM CONTINUES TO PERFORM WELL
NetPlay TV plc mobile and online gambling strategy delivers good results.
The interactive television gambling company NetPlay TV plc has posted an impressive set of results for the six months ending 30 June 2013, flagging the following highlights:
* 36 percent increase in net revenue to GBP 14.2 million (H1 2012: GBP 10.4 million)
* 17 percent increase in EBITDA to GBP 2.7 million (H1 2012: GBP 2.3 million)
* Strong cash generation, cash and cash equivalents increasing by GBP 2.6 million to GBP 14.9 million from GBP 12.3 million (H1 2012: GBP 2.6 million increase to GBP 10.5 million from GBP 7.9 million)
* 47 percent increase in profit before tax to GBP 2.3 million (H1 2012: GBP 1.6 million)
* Interim dividend increased by 20 percent to 0.18p per share (H1 2012: 0.15p)
* ITV1 broadcast agreement renewed in April
Casino Key Performance indicators are listed as:
* 31 percent increase in new depositing players to 32,618 (H1 2012: 24,951)
* 32 percent increase in average quarterly active depositing players to 29,311 (H1 2012: 22,258)
* Mobile and tablet wagering now accounting for 28 percent of total net revenue and 34 percent of new depositing players (H1 2012: 10 percent of total net revenue and 18 percent of new depositing players)
* New online marketing strategy delivering positive results.
Current trading highlights include:
* Continued strong trading in Q3 with average daily net revenue up 17 percent on the same period last year
* Full year results expected to be in-line with current market expectations
Commenting on the results and the trading update, Charles Butler, NetPlay TV said:
“I am pleased to announce that following such a strong 2012, the company’s growth trajectory has continued with significant increases in all of the group’s KPIs.
"Our investment in mobile and tablet continues to deliver positive results, and accounted for 28 percent of net revenue during the period.
"In addition, our accelerated investment in pure online marketing is continuing to have a positive impact. This complements our existing TV marketing and represents the group’s broadened marketing strategy, which underpins both our current and future growth."
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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