NetPlay TV, the UK based interactive gaming company, revealed excellent figures for the first half of 2008. The company showed a stunning 286% increase in revenues totaling $18.32 million and gross profits of nearly $5.6 million. NetPlay TV also announced that it would be seeking to expand its bingo operations in Sweden, as well as Germany in the coming months. 

“To date, 2008 has been a positive and transformational year for the company,” said Martin Higginson, CEO of NetPlay TV. “In the first half of the year we generated a profit before tax and, with the acquisition of the Bingos.com business, we have further strengthened our position as the market leader in the converged multi-platform gaming arena. The group is cognizant of the current financial climate and, while we continue to be pleased with the overall growth in betting patterns, we continue to focus on the cost savings that can be made across all areas in order to deliver improved margins where possible.”