World Cup softens NetPlay TV’s gaming performance

supercasinoTV gaming firm NetPlay TV has revealed that growth in new depositing players and total depositing players was strong during its second quarter at 38% and 33% consecutively with net revenues increasing by 5% against the same quarter of 2013.

Net revenue derived from SuperCasino was slower in the latter part of the quarter as result of the Football World Cup and a moderate softening of the marketing output for SuperCasino on Channel 5. The firm said that this was mitigated in part by a strong start to the quarter and directors expect revenues will return to similar levels as those seen at the beginning of the quarter now the World Cup has ended.

The firm added: “Mobile and tablet have again performed well with Q3 being the first quarter where over 50% of all new customer registrations have come from mobile or tablet. In addition 36% of net revenue was generated through mobile and tablet in the quarter (Q2 2013: 26% of net revenue was generated through mobile and tablet).”

NetPlay also reiterated its plans for cost saving efficiencies ahead of the Point of Consumption Tax involving consolidation of certain locations and other cost base efficiencies.

 

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