Blog Post

Earnings: Interactive Gamer NetPlay TV Growing Fast

NetPlay TV, an interactive gaming producer that runs roulette, bingo and other games across digisat and the web, took last year’s £900,000 loss in positive territory, reporting £1 million earnings for the first half of the year. The company has grown fast over the last year, in part through a share issue, buying Bingos.com, subscribers from mobile gamer Rubberduck and a BSkyB (NYSE: BSY) channel – all of which saw it take £159 million in bets from 86,000 customers, up from £39 million a year ago.

Right now, NetPlay is investing £1 million cash in a unified new technical platform that will allow it to take bets across internet, mobile and TV and in multiple currencies – a signal of further overseas expansion. As well as operating its own Sky channel, NetPlay’s LiveRoulette game is shown on Nuts TV at the weekend, but Virgin Media (NSDQ: VMED) chose to end a similar contract for its Virgin 1 channel. Games recently added to the LiveRoulette website are pulling in an extra £1.5 million a month. Results.