Launch of new gaming portfolio through agreement with Netent
Nektan plc (AIM: NKTN), a leading international B2B mobile gaming platform and content provider, is pleased to announce it has signed a license agreement with NetEnt, a leading provider of real money gaming solutions to the world's most successful online casino operators, for the delivery of a significant portfolio of online casino games across Nektan's platform, including over 40 mobile games.
Under this agreement, NetEnt's leading online casino games will be rolled out across Nektan's real money gaming ("RMG") partner network from November. This agreement will help support Nektan's strategy of offering the best gaming experience on its Evolve end-to-end gaming technology platform and being the mobile RMG partner of choice in the high growth market ofmobile real money gaming in regulated European markets.
David Gosen, Nektan plc'sChief Executive Officer, commented:
"We are very excited to offer NetEnts award-winning gaming content to Nektan's mobile real money gaming partners and players, which complement and significantly enhance our current portfolio of original and third party games. Our partners will have access to NetEnt's impressive library of games including showcase titles such as the hugely popular Starburst, Gonzo's Quest and branded content such as South Park. The consistent release of new and high quality games is a key growth strategy for Nektan and is fundamental to building player traffic and frequency of visit, ultimately boosting player lifetime revenues for all our partners."
Enrico Bradamante, MD of NetEnt Malta Ltd and Chief of European Market Operations said:
"NetEnt is pleased to be working with Nektan on this important partnership and sees great potential in launching our worldclass games across Nektan's mobile gaming platform, Evolve."
For further information n the Group, please contact:
|Nektan plc||via Newgate below|
|Zeus Capital Limited (Nominated Adviser & Broker)
Nicholas How (Corporate Finance)
Adam Pollock (Corporate Broking)
|Tel: +44 (0)020 3829 5000
|Newgate (PR Adviser)
|Tel: +44 (0)20 7680 6440
Nektan is a leading international B2B mobile gaming content developer and platform provider. The Group designs, builds and operates mobile games in the regulated, interactive real money gaming ("RMG") and freemium gaming space, delivering original and innovative content to large commercial organisations that have established online audiences.
Nektan's full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus solely on marketing the product to their consumers.
Nektan also operates a joint venture, Respin LLC, with Spin Games LLC that provides US land-based casinos with in-venue mobile technology and an innovative way of increasing revenue from end-of-life cabinets whilst providing players new and innovative content to play, which includes functionality on mobile devices.
Nektan is regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market, and has offices in Gibraltar, London and Las Vegas with Respin based in Reno, Nevada.
NetEnt AB (publ), previously Net Entertainment NE AB, is a leading digital entertainment company, providing premium gaming solutions to the world's most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on Nasdaq St Stockholm (NET-B) and employs more than 700 people in Stockholm, Malta, Kiev, Gothenburg, New Jersey and Gibraltar.