The History of Nektan
Pros
Cons
Nektan was established by Gary Shaw in 2011, and it’s one of the leading casino software providers in the UK and US. Initially, the firm specialised in the development of software for mobile gadgets. In 2013, Nektan acquired Mfuse Ltd., a firm that focused on the creation of premium quality mobile apps. A year later, the company launched its fully functional mobile software in Chomp Casino and its in-house casino called RMG.
2014: One of the Busiest Years for Nektan
There are a lot of events that occurred in 2014 which really changed the way Nektan operates today. In April – The firm officially launched under its brand name, Nektan, as a fully functional mobile software with up-to-date technology.
In May, Nektan became the first company to partner with White Label gaming portals. It began to promote its services and products to other firms that would later host them under their brand names. The following month the company received approval for both a gaming license and casino software provider for the United Kingdom market.
In November, Nektan became an AIM listed firm in the London Stock Exchange. The company raised £4.1m at a placing price of 236 pence/ordinary share. There were a total of 21,228,187 ordinary shares in issues at admission that gave the company a market capitalisation of £50.1m at the placing.
The company also signed an arrangement with Spin Games LLC in November that enabled it to gain access to the United States mobile market. They formed a joint organisation called Re-spin that provides operators with up-to-date content.
From The Sun Play to Asset Transfer
In May 2015, Nektan went live with the running of a 100% slots website operation with the News UK brand, The Sun Play. The two brands partnered to develop and run The Sun Play website, following the huge popularity of the site’s gaming portfolio. Nektan was tasked with the responsibility of adding fresh Nektan slots to this platform.
In June 2016, Re-spin JV received approval from an independent test lab for the launch of its “Rapid Games, a Class II Mobile gaming solution. Later in the year, August 2016, Nektan entered into an asset transfer and a licensing arrangement with Buckingham HMB Ltd for 3 of its gaming brands.
Major Highlights of 2017 and 2018
In November 2017, Vegas Baby became the first website to launch in Germany with Nektan’s software. Nektan also signed an agreement with Spin Games LCC of North America, to become the first game supplier in Europe to provide Spin Games licensed products.
Nektan took its first real-cash betting in the US in August 2018 following the release of the Evolve platform for mobile games solutions. In October 2018, the firm signed its first world-wide platform agreement for E-Lite with Tyche Digital Malta Ltd., a Malta based gaming organisation.
The following year in February, Nektan launched its 100th online casino that operates on its white label platform. All its casinos are accessible in Europe and are run by Nektan’s long-standing 3-party providers.
In March 2018, the firm launched into the Asian market with E-Lite and provided over 200 Asian games as well as other content. In May 2018, Nektan announced its partnership with Metric Gaming to offer sports betting products in the United States.
Conclusion
Today, Leigh Nissim is the CEO of Nektan. The company continues to provide high-quality, HTML5 optimized games. You can access Nektan’s game on PCs, mobile device, smartphones, and tablets. We expect the company to continue to grow over the next couple of years.
Payment Options
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- Ukash
- Solo
- Entropay
Overall Conclusion & Customer Support
Summary
Title: The History of Nektan
Posted On: 08/02/2019
Author: Site Admin