Tag Archives: Bjarke Larsen

Betsson targets UK expansion with NetPlay TV £26 million acquisition

Stockholm-listed European sports betting operator Betsson AB continues its aggressive M&A growth strategy in 2017, by confirming the acquisition of London AIM-listed interactive gaming operator NetPlay TV. Updating the market this morning, Betsson governance detailed that it had acquired all-equity in NetPlay TV for a total consideration of £26.4 million, purchasing all NetPlay assets outright, with a view of increasing …

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Significant content boost sees NetPlay TV sustain strong 2016 momentum

Publishing its H1 2016 results (six-month period ending 30 June), London AIM-listed interactive gaming operator NetPlay TV (NetPlay) has reported sustained growth across its core metrics. Reporting a 15% increase in net gaming revenues to £14.7 million (H1 2015: £12.7 million), NetPlay governance was pleased to sustain the firms positive 2016 momentum. The interactive gaming operator would close its H1, …

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NetPlay TV positive of improved 2015 trading

The governance of Interactive gambling operator NetPlay TV has stated that the company is on course to meet its corporate expectations for 2015. Issuing a market update on Thursday, NetPlay TV governance noted that key performance metrics were strong, with positive net gaming revenues and EBITDA revenues to be announced in its upcoming year end 2015 statement. In 2015 the …

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NetPlay TV’s efficiency strategy sees improvement in core metric performance

Bjarke Larsen CEO of interactive igaming operator NetPlay TV, has stated that the operator’s governance is pleased with the progress that the firm is displaying under a new corporate strategy. Presenting NetPlay’s interim H1 2015 performance (period ending 30 June), Larsen highlighted that the operator core KPI metrics remained strong. Despite new POC charges that amounted to £1.9 million in …

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NetPlay TV bolsters marketing & development capabilities with Otherside Inc acquisition

Interactive gambling operator NetPlay TV has announced that it has acquired product development and marketing studio Otherside Inc for £3.2 million. The London AIM listed operator stated that it had been actively looking at the market and considering various options as part of its stated strategy to expand the business both organically and through M&A. Founded in 2008, Otherside specialises …

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NetPlay TV records 30% earnings drop in 2014

Interactive igaming operator NetPlay TV posted its 2014 full year results recording an adjusted EBITDA decline of 30% to £3.6 million (FY 2013: £5.2 million). A tough 2014 had seen the operator record a higher operational and administrative expenses. Netplay TV who on Thursday had announced a broadcast partnership extension with Channel 5 UK, recorded its first year of losses, …

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NetPlay TV confirms broadcast partnership extension with Channel 5

NetPlay TV operator of interactive casino brands Jackpot247 and SuperCasino has confirmed that it has extended its broadcast partnership with Channel 5 UK. The new extension to its Channel 5 broadcast slots will continue till 2018. NetPlay TV senior management were pleased to continue its partnership with Channel 5, stating that TV operator was a core part of its unique …

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Bjarke Larsen takes over as NetPlay TV CEO

Interactive gambling operator NetPlay TV has appointed Interim CEO Bjarke Larsen as Chief Executive Officer with immediate effect. The operator announced the appointment of Larsen in its latest trading update. Larsen had taken over the position, following Charles Butler’s stand down from the role to take on a Non-Executive Chairmanship in August 2014. Larsen has been with NetPlay TV since …

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Increased industry marketing spend affects NetPlay TV performance

NetPlay TV Plc issued its Q3 2014 trading update. The interactive gambling operator who had suffered an H1 2014 profits decline of 50%, reported that revenues had remained broadly flat during the period. The operator recorded gaming revenues of £6.4 million (Q3 2013: £6.5 million). NetPlay TV plc management stated that the unstainable levels of marketing activity seen throughout the …

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