Financial News

Despite posting a 4 per cent decline in net revenue for the full 2015 year, interactive TV gaming operator NetPlay TV has reported an 18 per cent increase in net revenue for the first eleven weeks of this year, buoyed by growth in active and new customers.

Revenue fell to £26.3m in 2015, in line with expectations and including £1.1m from its new B2B operating segment. Adjusted EBITDA fell 25 per cent to £2.7m, but was at the top end of market expectations after incurring betting and gaming duties of £3.8m.

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