Per Eriksson, CEO of NetEnt, a gaming solutions provider, announced a 32.3 percent increase in SEK and 28.2 percent in EUR 2015 second quarter revenue compared to the corresponding quarter last year.

Increasing trends in mobile gaming accounted for 23 percent of total game win in the quarter and profit after tax increased by 64.9 percent to SEK 86.5 million in the form of automatic redemption program. At 6.5 billion transactions for the quarter, NetEnt has experienced a 26 percent growth from last year.

According to Ericksson, contributing factors to the significant increase include a growth strategy to expand on “new markets and new customers.” NetEnt’s expansion on regulated markets includes, Spain (granted local gaming licenses), Danske Spil, a Danish state-owned operator that is part of World Lottery Association (WLA), and bwin/Borgata and Caesars Interactive Entertainment in New Jersey.

Other important second quarter events include a cross-license agreement with IGT for the North American market, and the launch of operations with William Hill retail (one of the largest bookmakers in the UK), making NetEnt games available in the UK for the first time.

By remaining in the forefront of technology, innovation and quality, NetEnt CEO, Eriksson, is optimistic that conditions are good for future growth in Europe, namely in Britain and Spain. He looks forward to the addition of retail distribution as well as potential markets in North America and Asia in the future.

NetEnt was the recipient of awards for Innovation in mobile, Slot Provider and Mobile supplier at the annual eGaming Review B2B Awards in London. A good indicator that the company’s investment in new markets, product development and new staff, is paying off.

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