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NETPLAYTV RELEASES Q4-2013 K.P.I.s
Thursday January 9,2014 : NETPLAYTV RELEASES Q4-2013 K.P.I.s
Strong quarterly performance from interactive television betting company.
The UK interactive television and mobile betting company NetPlayTV has released its Q4-2013 numbers, showing strong quarterly growth as follows:
* 33 percent increase in total net revenue to GBP 7.9 million (Q4 2012: GBP 5.9 million) and 22 percent increase on Q3 2013.
* 12 percent increase in new depositing players to 15,648 (Q4 2012: 13,974) and 1 percent increase on Q3 2013.
* 27 percent increase in active depositing players to 32,163 (Q4 2012: 25,376) and 11 percent increase on Q3 2013.
* Mobile and tablet net revenue increased 121 percent on prior year and now accounts for 30 percent of total net revenue (Q4 2012: 18 percent)
* Full year EBITDA expected to be at top-end of market expectations
Management reports that during the reporting period the Netplay acquired the Vernons brand from Sportech plc for a total cash consideration of GBP 3 million. The integration of this brand into the existing NetPlay infrastructure is almost complete and brings with it additional products in sportsbook and bingo which will be marketed through established channels from the start of 2014.
Mobile and tablet performed very well in the quarter, and marketing continues to be a key driver for growth in the business.
The company has announced that following the prior season's success, its brand SuperCasino is once again the headline sponsor for Celebrity Big Brother currently being aired on Channel 5, and in addition Vernons Bingo is the headline sponsor for Loose Women on STV throughout the whole of 2014.
The Directors are pleased with a continued strong performance and are confident that the Netplay will meet full year market estimates with full year EBITDA at the top end of expectations.
The company plans to issue its full year preliminary results on 8 April 2014.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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