NetEnt AB
| Public | |
| Traded as | SSE : NET B, NetEnt B [1] |
| ISIN | 🆔 |
| Industry | Software, |
| Founded 📆 | 1996 |
| Founder 👔 | |
| Headquarters 🏙️ | , |
Area served 🗺️ | |
Key people | Per Eriksson, (CEO) |
| Products 📟 | Online gaming and casinos software and associated services |
| Revenue🤑 | SEK 851.7 million (2014)[2] |
| SEK 261.7 million (2014)[3] | |
| SEK 258.1 million (2014)[3] | |
| Members | |
Number of employees | 591 |
| 🌐 Website | www.netent.com |
| 📇 Address | |
| 📞 telephone | |
NetEnt AB, previously Net Entertainment NE AB, is a supplier of online casino software and games. It is licensed and regulated by the UK Gambling Commission. The company is listed on Stockholm Stock Exchange (NASDAQ Stockholm).
History[edit]
The company was born in 1996, out of Scandinavia’s land based operator known as Cherry.[4] Following the slot machines ban in Sweden, Pontus Lindwall started Net Entertainment and convinced Cherry and Kinnevik to invest in the company. The two companies invested 75 million SEK and took part in building a successful online gaming software supplier.
In 2000, Cherry acquired Kinnevik’s part of NetEntertainment by making Kinnevik the biggest Shareholder in Cherry.[5]
In 2002, NetEntertaiment sold the first CasinoModule to Expekt Casino.
In 2005, Cherry announced its division into three parts: Betsson, Cherry, and NetEntertainment.
In 2011, NetEnt launched its first mobile game.
In 2013, NetEnt’s Cash module proceeded 12 300 000 000 transactions and its market share of the European online casino market was approximately 31%.
In 2015, NetEnt games[6] are available world-wide, in over 90 online casinos.
Operations[edit]
NetEnt’s headquarters is in Stockholm, Sweden, however, the company has an international presence with operations in Malta, Ukraine, and Gibraltar as well. There are over 500 employees.
Products[edit]
NetEnt’s CasinoModule is a complete gaming system that consists of a full suite of quality casino games and a powerful Back Office.
Its games portfolio consists of over 200 games and it keeps increasing with a new game release each month. All games have a high pay-out ranging between 95-98%.
Even though NetEnt is best known for video slots, its table games, video poker, keno, mini-games, lottery, and jackpot games are also part of their collection. These games are available at online casinos operated by companies such as Bet365, Unibet, Betsson.
All the games are easy to use and available in Instant Play mode, meaning there is no download required. Among the most popular titles are Starburst, Jack and the Hammer 2, Twin Spin, and Gonzo's Quest slot. NetEnt is also well-known for its branded slots that are the result of company’s strong partnerships with Universal Studios, 20th Century Fox and South Park Studios. As the matter of fact Frankenstein slot was their first branded slot launched in 2011, afterwards titles like South Park: Reel Chaos, Aliens, Dracula and other followed.
With the increase of the demand for mobile games, NetEnt has chosen its top games and made them available across all IOS, Android and Windows mobile devices. Nowadays, latest slots are usually launched on mobile and desktop platforms simultaneously. Mobile games developed by NetEnt don’t lack in graphics, nor features and they work flawlessly.
NetEnt also offers Live Casino games including Blackjack and Roulette games that are played against real dealers streamed from state-of-the-art studio.
Awards[edit]
Over the years NetEnt scooped a number prizes such as three EGR awards[7] for innovation in slots provision, innovation in mobile game provision, mobile supplier of the year in 2013, and so on. In 2015, at International Gaming Awards, NetEnt walked away with a Slot Provider/Supplier Product of the Year award.[8]
Guinness World Record[edit]
NetEnt even holds a Guinness World record for the largest jackpot ever to be won.[9] To be precise, back in 2013 the Mega Fortune progressive slot has paid out a stunning €17.8 Million. The lucky winner was an anonymous player from Finland who bet €0.25 on Paf casino.
Notes[edit]
- ↑ "Net B, NetEnt B". Nasdaq. Retrieved 8 September 2015.
- ↑ "NetEnt in figures". NetEnt. Retrieved 8 September 2015.
- ↑ 3.0 3.1 "Annual Report 2014" (PDF). NetEnt. Retrieved 8 September 2015.
- ↑ "NetEnt history". NetEnt.
- ↑ "Cherry's History". Cherry AB.
- ↑ "NetEnt games". NetEnt.
- ↑ "EGR B2B Awards 2015". eiseverywhere.
- ↑ "IGA Winners 2015". IGA.
- ↑ "Largest jackpot payout in an online slot machine game". Guinness World Records.
External links[edit]
This article "Netent" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
