Trading Statement
April 12 2007 - 5:53AM
UK Regulatory
Neville Porter plc
Trading Update
12 April 2007
Neville Porter plc (the "Company"), a leading sports-betting company, is pleased
to announce the following developments:
1. The launch of its online betting platform
2. The introduction of deposit facilities for its telephone betting customers
3. A successful Cheltenham Festival
The Company's online betting platform, available at www.npbet.co.uk, was
launched ahead of schedule on 9 April 2007. This will provide customers with a
user friendly and highly competitive online sports betting service. Although
primarily focused on horse racing, it will allow customers to bet on a wide
range of sporting events including football, golf, rugby and snooker. The
Company's odds will be displayed on two odds comparison sites, (www.easyodds.com
and www.bestbetting.com) in order to drive traffic and new registered customer
accounts. These sites offer odds from other leading sports betting companies
such as Ladbrokes, William Hill and Coral, thereby demonstrating the potential
better odds that Neville Porter can offer.
With effect from 9 April 2007, the Company now provides its telephone betting
customers with the ability to deposit funds on account - meaning that they now
need not give payment card details for each and every bet they place. This will
enable clients to place telephone bets more easily and quickly than before.
The launch of these services is being supported by a targeted advertising
campaign in the Racing Post.
Neville Porter, the leading AIM listed on-course bookmaker, is also pleased to
announce that it experienced a successful Cheltenham Festival, the first where
it operated two pitches, and remains confident that its financial results will
be in line with market expectations.
For further information, contact:
Neville Porter plc
Neville Porter
Managing Director 08000 223 388
SVS Securities plc
Richard Morrison
Ian Callaway
Peter Manfield 020 7638 5600
ARM Corporate Finance Ltd
Ian Fenn
Nick Harriss 020 7512 0191
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