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January 3, 2008

Netplay TV raises £1.14m to expand interactive games

London-based Netplay TV Plc has raised around £1.14 million in a share placing, to fund the expansion of its ‘Live Roulette’ show into a SuperCasino format and also to develop its Bingo show.

The company will use some of the funding for purpose-built studios to broadcast its shows.

Netplay TV provides three interactive TV services. LiveRoulette allows users to place chips, either online or via a telephone, and then watch, live on TV, a presenter spin a genuine roulette wheel.

The second service, PlayMonday, is a weekly charity draw for a £10m jackpot. Tickets are bought via the Internet, and the draw is watched either live on TV, or can be streamed live to www.playmonday.com.

The third service, Big Box Bingo, allows customers to play bingo live on TV from the comfort of their own home, with a full house jackpot of £100,000.

NetPlay TV was formerly known as Stream Group Plc.

 

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