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NetPlay TV

  • BY: Andrew Hore |
  • POSTED: 13/04/2011 |

Interactive gaming company NetPlay TV says trading has been strong in the first quarter of 2011 and the company is on course to report a much lower loss this year.

Active casino players are 22% higher over the quarter at 21,332 and 12% of these active players have come through the company’s iPhone application. The business made a positive EBITDA in the first quarter. Panmure Gordon expects NetPlay TV to break even in 2012.

The 2010 results will be published at the end of May.

At 8.88p a share, NetPlay TV is valued at £24.8m.

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