Presenting to investors Betsson AB’s H1 2017 interim report, company CEO Ulrik Bengtsson states that his firm has recovered and further progressed its position from a turbulent 2016 in which the operator faced multiple operational challenges. Having emphasised product development and strategic acquisitions, Bengtsson states that Betsson has comeback stronger, ‘increasing its market share in the ultra-competitive Scandinavian online gambling market‘ and …
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NetPlay TV records 30% earnings drop in 2014
Interactive igaming operator NetPlay TV posted its 2014 full year results recording an adjusted EBITDA decline of 30% to £3.6 million (FY 2013: £5.2 million). A tough 2014 had seen the operator record a higher operational and administrative expenses. Netplay TV who on Thursday had announced a broadcast partnership extension with Channel 5 UK, recorded its first year of losses, …
Read More »Larsen promoted to Commercial Director at NetPlay TV
NetPlay TV plc, the interactive gaming company which operates the TV gaming brands SuperCasino and Jackpot247, has appointed Bjarke Johannes Lund Larsen to the Board and role of Commercial Director with immediate effect. Larsen, 31, joined NetPlay in January 2007, and is currently Chief Operating Officer of the subsidiary NetPlayTV Group Ltd. He has extensive experience in the online gaming …
Read More »World Cup softens NetPlay TV’s gaming performance
TV gaming firm NetPlay TV has revealed that growth in new depositing players and total depositing players was strong during its second quarter at 38% and 33% consecutively with net revenues increasing by 5% against the same quarter of 2013. Net revenue derived from SuperCasino was slower in the latter part of the quarter as result of the Football World …
Read More »NetPlay TV buoyant after ‘very strong’ 2013
Clive Jones, chairman at interactive TV gaming firm NetPlay TV, has described 2013 as a ‘very strong year’ for the company ahead of its AGM today. Jones said that the company delivered its third consecutive year of net revenue growth in excess of 20% and increased EBITDA by 21% to a record £5.2m. He added: “We have continued to be …
Read More »NetPlay TV Post Strong 2013 as net profits rise
NetPlay TV PLC owners of interactive gaming brands Jackpot247 and SuperCasino posted strong 2013 performance which saw an 31% increase in net revenues to £28.5 million (2012 – £21.8 million) and EBITDA revenues increase 21% to £5.2 million (2012 – £4.3 million) Further positive results saw the operator lift its final dividend by 42% to 0.32 pence per share from …
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