Tag Archives: Grace Media

UKGC suspends unfit Nektan Plc’s B2C licences 

The UK Gambling Commission (UKGC) has suspended the remote B2C online gambling licences of mobile gaming group Nektan Plc.  The Commission informed that it has placed Nektan under a section 116 investigation, examining the ‘manner in which the operator carried its licensee practices’ and whether the company had breached its licence conditions and compliance duties. In its notice, the Commission …

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Transformed Nektan eyes ‘break even’ comeback

‘B2B focused’ Nektan Plc remains confident that it can achieve EBITDA break-even results by the end of year trading. Publishing its corporate results for the six-month period ending 31 December 2019 (H1 2019), Nektan recorded corporate revenues of £800,000, up 157% on corresponding H1 2018’s £310,000. The London-AIM firm pointed to its improved commercial pipeline, which sees its software active …

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