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Live TV gambling as Five signs deal with NetPlay

9 Sep 2009

LONDON, England -- As reported by The Daily Telegraph: "Viewers of broadcaster Five will be able to bet thousands of pounds on roulette from the comfort of their sofa after the broadcaster signed a landmark deal with NetPlay, the interactive gambling group.

"RTL-owned Five will broadcast NetPlay's show three nights a week between midnight and 4am from September 17. The show will be extended to six nights a week in October, before being shown every night of the week in 2010. As part of the deal, Five has been granted an option to buy 5pc of NetPlay's shares for 28.5p – a small premium on Friday's closing price of 28p.

"The deal has been made possible after communications watchdog Ofcom relaxed rules forbidding television gambling.

"NetPlay already operates on satellite channels and Scottish broadcaster STV, but the Five deal will bring live TV gambling to millions of households throughout the country for the first time..."

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