NetPlay sees FY ahead of forecasts

Interactive gaming company NetPlay said its full year results are expected to be ahead of market expectations following a robust final quarter.

Interactive gaming company NetPlay said its full year results are expected to be ahead of market expectations following a robust final quarter.

The group reported a 51% increase in new depositing casino players to 13,974 from the same quarter a year earlier and up 17% on the previous quarter.

Mobile and tablets, which account for 31% of all new depositing players, rose 8% from the final quarter in 2011 and 25% in the third quarter of 2012.

NetPlay also posted a 43% increase in active depositing casino players to 25,376 and a 13% increase on the third quarter of 2012.

"Mobile and tablet growth has continued to excel and the addition of a suite of mobile slot games in September has significantly improved the customer experience," the group said in a company statement.

"The latest TV adverts for both our Supercasino.com and Jackpot247.com brands focus on the ability to play via mobile and tablets and the effect is clearly visible with 31% of all new depositing players now signing up via mobile and tablets and 205% growth in mobile and tablet revenue versus Q4 2011," it added.

"The directors are pleased with this continued strong performance and are confident of exceeding full year market expectations."

CJ

Recommended

Has the “jam tomorrow” bubble popped already?
Stockmarkets

Has the “jam tomorrow” bubble popped already?

Fund managers have had a good year so far. John Stepek looks at what to expect from markets until year end.
6 Dec 2021
Three stocks that should profit from the dash for digital growth
Share tips

Three stocks that should profit from the dash for digital growth

Professional investor Christopher Versace of the Digital Infrastructure and Connectivity UCITS ETF picks three digital growth stocks to buy now.
6 Dec 2021
JD Wetherspoon: why investors should head to the pub
Trading

JD Wetherspoon: why investors should head to the pub

Pub group JD Wetherspoon is a solid operator, and is due a bounce when the pandemic eases. Matthew Partridge picks the best way to play it.
6 Dec 2021
Share tips of the week – 3 December
Share tips

Share tips of the week – 3 December

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
3 Dec 2021

Most Popular

Bubbles grow in global property markets as house prices continue to rise
Property

Bubbles grow in global property markets as house prices continue to rise

House prices grew by 6% in the year to mid-2021 in 25 global cities, with the German property market in particular showing signs of overheating.
3 Dec 2021
Investing in time
Sponsored

Investing in time

SPONSORED CONTENT – Watch collecting can be addictive and expensive, but it can also be a very sound investment strategy
3 Dec 2021
Three safe bets on the growing online gambling sector
Share tips

Three safe bets on the growing online gambling sector

Professional investor Aaron Fischer, creator of the Fischer Sports Betting and iGaming ETF, picks three of his favourite online gambling stocks.
29 Nov 2021