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NetEnt enters the Pennsylvania online gambling

Tropicana Casino Strikes Deal with Net Entertainment

NetEnt has announced that launch of a selection of its online casino games with the Tropicana Casino in New Jersey, US. In October last year, NetEnt brokered a deal with Gamesys US to begin offering its games on the TropicanaCasino.com and VirginCasino.com platforms. Having secured a transactional waiver from the New Jersey Division of Gaming Enforcement, which enables a developer to launch games with an operator while its full licence application is still under review, NetEnt has launched its games on TropicanaCasino.com. More at iGaming Business

Net Entertainment Strikes Deal with PokerStars New Jersey

NetEnt has entered into a licence agreement with Amaya-owned online gaming brand PokerStars in the US state of New Jersey. Under the deal, NetEnt will supply desktop and mobile games to PokerStars, which this week began a soft launch period in the state ahead of a scheduled full launch next week. NetEnt, which already has partnerships with a number of major operators in the state, will now apply for a transactional waiver from the New Jersey Division of Gaming Enforcement to launch operations with, PokerStars. The company’s application for a full licence is still under review from regulators in the…

Net Entertainment Shows Big Profit in 2015

NetEnt has cited a continued growing demand for digital casino entertainment and its products as amongst the main reasons behind widespread year-on-year financial growth across the business during the 12 months through to December 31, 2015. Full-year revenue amounted to SEK1.1 billion (€119.5 million/$134.9 million), which represents an increase of 33% on the SEK851.7 million achieved in the previous year. Operating profit hiked 53.5% year-on-year to SEK401.6 million, while operating margin increased from 30.7% to 35.5%. Elsewhere, profit after tax increased by 53.8% to SEK374 million, with earnings per share also jumping from SEK6.09 to SEK9.34 after dilution. Other key…

Net Entertainment Launches Pyramid: Quest for Immortality

Net Entertainment (NetEnt) has launched a new mobile and desktop video slot in the form of ‘Pyramid: Quest for Immortality’. The Ancient Egypt-themed slot title features wild symbols as well as NetEnt’s Avalanche re-spin feature. Re-spins will occur if there are any win of three symbols and above in any way. Simon Hammon, chief product officer at NetEnt, said: “With Pyramid: Quest for Immortality, NetEnt will immerse players in the exotic world of Ancient Egypt. More at iGaming Business

Net Entertainment Shows Strong Second Quarter

Per Eriksson, president and chief executive of Net Entertainment (NetEnt), has revealed that the company was able to achieve ‘strong’ year-on-year growth in the three months to June 30, with the firm now significantly better off than it was this time last year. Revenue in the second quarter of this year amounted to SEK271.2 million (€28.9 million/$32.1 million), up 32.3% on the SEK205 million that the firm posted in the corresponding period last year. Operating profit in the second quarter also grew 63.3% on a year-on-year basis to SEK92.7 million, with operating margin improving from 27.7% last year to 34.2%…