• Nektan Accumulates £7.1 Million in Investments

    18 May 2015

    Newspaper

    In the online gambling world, mobile has been the fastest-growing sector for several years in a row, and this is where all of the newest innovations are being made. Mobile software provider Nektan is one of the companies leading the charge in this particular arena, and they've built up a tremendous amount of momentum. This momentum has recently led to £7.1 million in financing from their latest round, and they have explicitly stated that these funds will be used to continue their growth.

    A great deal with The Sun

    One of the most important deals that they have made recently is with an agreement with The Sun in the United Kingdom. This agreement will have them offering a white-label solution through the end of 2015 where players can enjoy a wide range of mobile titles, and it's also one of the major sources of enthusiasm from their investors who have been more than happy to open their wallets for this brand. While this deal with The Sun is pretty big because of the name recognition that comes along with it, they've accomplished a lot more in several markets that many software providers haven't been able to penetrate to any meaningful level.


    Widespread Expansion Continues

    For example, Nektan has a minimum of 18 agreements in the United States in different markets. These agreements are mostly with tribal leaders, but a number of them are also in traditional commercial markets with licensed and regulated online and/or lottery-style gambling. Expansion in the US is key for their future because 2015 is looking to be the year that state-based online regulation of the industry blows wide open.

    They've also continued to push in Europe, and this is especially the case with their Evolve software platform. A total of more than 30 white label operators have signed on with almost half of those coming in the first quarter of this year.

    The Future of Nektan

    Nektan is a company that produces B2B software solutions for online gambling, specifically in the mobile sector. Their growth has been centered around providing a high-quality product and being willing to work with newly-regulated and soon-to-be-regulated jurisdictions instead of trying to skirt the laws in different areas. This strategy is proving to be effective, and the millions they are getting in funding shows that their future continues to look strong.


    Related News

    • Need for spin casino is live

      New Casino Sites

      Need For Spin Casino is LiveIvan Stefanovic26 July 2022

      Need For Spin is a brand and website owned and operated by GBL Solutions N.V., a company registered in Curacao. The new online casino has an understanding that gambling is all about having fun. That's why it has created a platform that combines the excitement of racing cars with the classic casino experience. Whether you're a seasoned gambler or just looking for a good time, you'll feel right at home here. The site offers a variety of bonuses, promotions, and casino games to keep you entertained.

      Read full article
    • Pragmatic play to supply micasino with premium casino content

      Gambling News

      Pragmatic Play to Supply MiCasino with Premium Casino ContentIvan Stefanovic18 July 2022

      Pragmatic Play, a worldwide leader in the iGaming sector, has announced a partnership with MiCasino.com, a leading brand in Latin America. According to the terms of the new agreement, the operator’s players will be able to play in three of the brand's main categories. The casino will also offer its slot games, which will include the recent blockbuster Fortune of Giza and Great Rhino Deluxe and Gates of Olympus.

      Read full article
    • Exclusive content deal brings exciting games to 888 casino players %281%29

      Gambling News

      Exclusive Content Deal Brings Exciting Games To 888 Casino PlayersIvan Stefanovic15 July 2022

      888casino has agreed to a new content agreement with Gaming Works that will allow the firm to release one of its iGaming titles with one of the top UK operators. Design Works Gaming's contribution to the partnership should result in 888casino adding more content with unique products that have been developed in-house, as well as bringing new gameplay features.

      Read full article