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NetPlayTVs year-end results impress

Wednesday April 10,2013 : INTRACTIVE GAMBLING FIRM CONTINUES TO IMPROVE
 
NetPlayTV's year-end results impress, with mobile channel soaring
 
The interactive gambling group NetPlayTV continues to improve, turning in a positive set of 2012 year-end results and encouraging trading update this week.
 
Highlights of the FY-2012 included:
 
* 27.5 percent increase in net revenue to GBP 21.8 million (2011 recategorised: GBP 17.1 million)
 
* 30.5 percent increase in EBITDA to GBP 4.3 million (2011: GBP 3.3 million)
 
* 470 percent increase in statutory profit before tax to GBP 3.1 million (2011: GBP 600,000)
 
* Cash balance up 55 percent to GBP 12.3 million (2011: GBP 7.9 million)
 
* Cash generated from operations up 73 percent to GBP 4.3 million (2011: GBP 2.5 million)
 
Operational highlights:
 
* Increased investment in pure online and mobile marketing which together with TV marketing resulted in an increase in new depositing customers of 61.5 percent
 
* All live TV roulette games now available across iPhone, iPad and Android applications
 
* Strengthened relationships with ITV and Channel 5, plus extended agreement with ITV
 
Post period highlights:
 
* New ITV three-year broadcast agreement: now six nights with access to the ITV.com website to further enhance customer reach
 
* Current trading strong with Q1-2013 new depositing customers to 17,712  increasing by 42.4 percent over the same period in 2012 and net revenue up by 38.9 percent.
 
* Mobile and tablets accounted for 34 percent of all new depositing players and 30 percent of total net revenue, up from 9 percent in Q1 2012. Mobile and tablet the star performers in the quarter and now make a significant contribution to the NetPlay's overall net revenue increasing 364 percent on the same period in 2012 and 98 percent quarter-on-quarter.
 
* 39 percent year-on-year increase in active depositing casino players to 30,360 (Q1-2012: 21,869)
 
CEO of the group, Charles Butler, said Tuesday:
 
“This has been an exceptional year both financially and operationally for the group. With key performance indicators and our broadcast relationships going from strength to strength, we are particularly pleased with the progress that has been made in line with our stated growth strategy.
 
“The significant investment the group continues to make in marketing has had a significant impact over the year and this enhances our ability to drive further growth in our core UK market, whilst the viable overseas markets and the commercial opportunities they offer will be appraised as regulation starts to take shape.
 
“We enter 2013 with confidence as the group’s strategy continues to bear fruit. Building upon the strong start to the year, we look forward to continuing to drive growth and shareholder value.”



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Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

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.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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.

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