Published
OnlineCasino

NetEnt packages Red Tiger games with NetEnt Connect following acquisition

NetEnt has integrated its games with those from the recently acquired Red Tiger Gaming, with the launch of the NetEnt Connect platform.

NetEnt

The platform has been developed in a closed beta, with a wider release planned for early next year, and Red Tiger is the first games supplier to be included in the service, after it was puchased by NetEnt in September for an initial £197m ($243.1m). 

The acquisition was received well, with the share price of the Swedish company rising from SEK 25.60 ($2.63) to SEK 33.00 the week following the announcement.

However, this was not enough to prevent a 1% decrease year-on-year for its Q3 revenue, but that included approximately SEK 55m ($5.7m) of transactions and financing-related costs from the Red Tiger deal.

Henrik Fagerlund, Managing Director of NetEnt Malta and Chief Product Officer, said: “The speed with which we have been able to go live with Red Tiger content on some of NetEnt customers bears testament to the hard work and collaboration since the acquisition was completed. It also shows great promise for NetEnt Connect which is a key part of NetEnt strategy going forward.”


Casino News Sponsor
Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
 
Premium Connections
Consultancy
Executive Profiles
Resorts World Las Vegas
Star Sports Group
Hard Rock Hotel & Casino Tejon
Follow Us

Facing Facts: Analysing figures from emerging gambling markets

Where is the gambling market on the rise, and are there any...

Taking Stock: A guide to lottery/iLottery operator and supplier prices

Gambling Insider tracks lottery/iLottery operator and suppli...

New Horizons Cover Feature: United Arab Emirates

With its first land-based casino set to open in 2027 and a n...

New Horizons Cover Feature: Brazil

Brazil performed quite the feat by getting its heavily delay...

The best of Malta at the Global Gaming Awards

Powered by Gambling Insider, the Global Gaming Awards are th...

Preview: SiGMA Malta 2024

A place in the winter sun: SiGMA returns to the home of iGa...

Company profile: Soft2Bet

Bill 55: Advantages and challenges for Maltese operators in...

Company profile: DS Virtual Gaming

DS Virtual Gaming is a leader in the gaming industry, utilis...