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NetplayTV cancels Stanley Bet Contract

5 January 2010, Staff writer


Its been a frenetic start to the new year for the team at NetPlayTV with deals seemingly happening on a weekly basis.

In the same week that they announced the peppercorn sale of Abstract Gaming, they have also announced that their pilot streaming arrangement with Stanley Bet International would be discontinued.

According to the company's website, the arrangement will be terminated by mutual agreement effective immediately.

In July last year, NetplayTV and Stanley struck a deal whereby Netplay would provide a stream of their roulette TV product for display on terminals across selected Stanley retail betting outlets - a win win on the face of it with Stanley getting a great new product for their customers and Netplay growing their distribution channel.  Following a review of the pilot's results however, both parties have decided to can it.

According to a NetPlay statement:

"Following a review of the pilot trial, the company has decided to cease supplying StanleyBet International with a live roulette feed to its overseas betting outlets...The company will continue to develop its supply of live feeds into fixed-odds betting terminals through other distribution channels in fully regulated markets."

 

About NetPlay
NetPlay TV Plc. are a UK AIM listed interactive TV gaming company with a portfolio of gaming products including Supercasino.com, EuroTelemilions.com, Bingos.com and Challengejackpot.com.

About Stanley Bet International
Stanley Bet claim to be online of Europe's largest retail betting operators with over 1,400 outlets across Europe, a strong online presence and licenses in the UK, Croatia, Malta and Romania.  The company was established in 1997 and they are active lobbyists for open betting markets across the EU in accordance with Article 49 of the EU Treaty.

 

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