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NetPlay carries positive momentum into second quarter

NetPlay carries positive momentum into second quarter

Gaming firm NetPlay TV (LON:NPT) will reveal today that the growth trend seen in the first quarter this year has continued into Q2.

The firm is holding its AGM this morning, in which it will say that the growth trend has continued into the second quarter - up to and including June 28.

The number of active casino players for this quarter was 21,156 -  up 21.8 percent year on year. (In Q2, 2010 the number of players stood at 17,371).

Sign-ups increased by 26.8 percent to 20,691 (Q2 2010: 16,313), the firm will disclose.

"In what is historically a more quiet quarter, we are encouraged that the strong start to 2011 has continued into Q2," chairman Clive Jones will tell the meeting.

"The positive momentum we have seen continuing into Q2 has been very encouraging, giving us added confidence for the year ahead and we look forward to providing a further update at our interims in the coming weeks."

The chairman will also say: " The company continues to focus on driving customer acquisitions via iPhone with active players in Q2 accounting for more than 13 percent of all active players.

"The iPad application is currently going through final testing and the company is looking forward to increased smartphone and tablet penetration in Q3."

On 31 May this year, when it revealed its 2010 full year results, NetPlay said it had seen a 22 percent increase in active casino players in the first quarter of 2011 compared to the previous three months  -  Q4, 2010.

View full NPT profile View Profile

Netplay TV Plc Timeline

February 02 2017
September 13 2016
January 14 2016

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