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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."
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
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The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
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Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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