NetPlay Places £1.14 Million Shares To Fund Interactive Gaming Format, New Studio

Interactive TV gaming producer NetPlay is looking to pull in £1.14 million to fund a new SuperCasino game, development of its exiting bingo show and a move to purpose-built new studios. Founded in 2001 and listed on AIM, NetPlay operates its Live Roulette and Big Box Bingo games at night on BSkyB (NYSE: BSY) satellite and simultaneously via dedicated websites. The roulette app is the basis of the new show. For the investment, London-based NetPlay, led by former Monstermob founder Martin Higginson, today issued 6.9 million new shares, though its share price has fallen considerably in the last three years. Via announcement.

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