MANSOUR DEPARTS NETPLAYTV

24 April 2009

Online bingo exec to look for new challenges
 

The Vienna-listed online gambling group Bwin experienced rising gross gaming revenues across its range of betting products during the financial year 2008, with ggr growing to Euro 420.9 million (FY 2007: Euro 353.5 million).

Sportsbetting was again the star of the group's results, with ggr up 21.1 percent to Euro 235.4 million compared to the previous year, when ggr of Euro 194.3 million was achieved. Turnover in the division grew by 31.4 percent to Euro 2 927.4 million, much of it in the fourth quarter on UEFA Euro 2008 events and on the live betting product.

Online poker operations delivered a 14.2 percent increase in turnover to Euro 94.2 million (FY 2007: Euro 82.5 million), with the introduction of real money poker in Italy a milestone. Through its subsidiary Ongame, the Bwin group now boasts up to 45 000 players at the virtual poker tables simultaneously at peak times and guaranteed tournament prizes of over $15 million each month.

Online casino operations also showed increased activity, with turnover up 14.3 percent to Euro 70 million. Skill gaming jumped by 37.3 percent to Euro 21.3 million.      Dominic Mansour, CEO of Bingos.com and Director of Sales and Marketing at NetplayTV group in the UK is moving on to new challenges after a year with the London listed company.

In a statement this week, NetPlayTV chairman and CEO Martin Higginson announced Mansour's immediate departure in search of new opportunities, commenting: "'Over the past 12 months Dominic has helped us integrate the Bingos.com business into the Group. It has been a pleasure working with him and we wish him well with his new challenges."

Mansour responded: "It has been a real pleasure working with Martin and the team at NetPlay and I have really enjoyed the challenge of integrating the two companies and maximising the economies over the past 12 months. However, having built, lived and breathed the Bingos.com business from scratch over the past 5 years, I feel like it's a good time for a new challenge. I wish Martin and the team all the best for the future."

Gavin Whyte, CEO of subsidiary Supercasino.com, will become the managing director of the business and assume responsibility for the day to day operations for the NetPlay group.

Mansour is well qualified to build another online business, and has acquired a respected personal profile in his decade in the industry. Leaving the metropolitan university of Manchester in 1997 armed with a business degree, he spent the following four years as an associate director with Quantum New Media before joining Globalcom/ Ludus Online as marketing director in late 2001.

After almost three years he left Quantum, linked with other investors and founded Euro Gaming Ltd/ Bingos.com in mid-2004, building the venture into a successful Internet business leading to its acquisition in April 2008 by NetPlayTV (see previous InfoPowa reports), when he joined the NetPlay board of directors and handled mainly marketing responsibilities.

Online Casino News Courtesy of Infopowa

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