Stay on Top of Enterprise Technology Trends
Get updates impacting your industry from our GigaOm Research Community
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.