NetPlayTV's first quarter encouraging

Revenues and EBITDA on the rise

The UK interacive television gambling specialist NetPlayTV plc has reported an encouraging first quarter result for 2010, posting a positive EBITDA of GBP 200 000 and confirming that trading is in line with expectations for the year.

Gross bets for the period were GBP166 million, up 5.7 percent over Q4 2009 and 32 percent compared to Q3 2009.

Other highlights included additional UK terrestrial TV airtime expenditure totalling GBP 1.2 million in Q4 2009.

Management reported that the swing to a positive EBITDA is a major step forward and follows a period of heavy investment during the second half of 2009 and into the first quarter of 2010 as it secured a programme of partnerships with UK terrestrial broadcasters.

The first quarter of 2010 also saw the NetPlay restructure various parts of its business including moving the brand from the UK to Alderney at the end of February 2010. The full financial benefit of this move will take effect from Q2 2010.

As a direct result of entering into partnership deals with STV and Five, NetPlay incurred additional TV airtime expenditure of GBP 1.2 million in Q4 2009.

Live activity feed

Swipe left or right to see more

lcb activities in the last 24 hours

  • 35
    new members
  • 543
    members online
  • 14671
    guests online
  • 96
    new posts
  • 8382
    free games played
Join the club

Highest Community Rated Online Casinos

Swipe left or right to see more

Latest forum posts

  • Rzgq3
    Best would be to look for it on Latest Bingo Bonuses.    I can see you already posted your question there in the right...
  • Rzgq3
    robby8111 wrote: Cubs?? Which Sports is it?? It's baseball Congrats to all the Cubs fans!
    Not Since 1945!!!
  • Flapjack
    Yes, it is easy to think that some casinos will close their doors for UK players, but the market may become better regulated and hopefully casinos won't turn their back on UK players. 
    UK launching investigation into unfair practices

Join today and start earning rewards

You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
S logo

Report to moderator

Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

Please note that your email address will be revealed to the moderators if you use this

Select Language
Search Results