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Gambling firm losses widen

Published 04/06/2010

Interactive gambling company NetPlayTV said full-year losses widened to £11m from £1m as a result of one-off items and the cost of its strategy to focus on partnering major media firms such as ITV and Five.

Boss Martin Higginson described 2009 as a “transformational year”, but said the launch of new services such as Google TV by the end of this year should open up online gambling to millions more players.

Belfast Telegraph

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