Nektan confirmed a Net Gaming Revenue (NGR) increase of 295% and disclosed plans to raise up to £2.275m as part of its Q1 trading update. The results for the quarter ended September 2016 showed NGR of £2.1m, 14,037 first-time depositors and cash wagering of £65.9m, a figure up 328% from last year’s £15.4m. The company has already received interest from …
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In a move to increase its cash capital, London AIM-listed mobile gambling firm Nektan Plc has confirmed that it has sold three of its gaming brands to Buckingham HMB for a cash consideration of £1.75 million. Agreeing on the sell-off, Nektan will transfer Chomp Casino, Spin Princess and Sapphire Rooms to the ownership of Buckingham HMB. Nektan governance maintained that the three …
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Following a period of corporate restructuring, London AIM-listed mobile gambling software provider Nektan Plc is confident that it can reverse its financial performance in the second half of 2016. Last week, Nektan governance provided a preliminary update on its H1 2016 performance detailing that it expected to post £4.2 million in net gaming revenues (H1 2015: £1.6 million). The company …
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London AIM-listed mobile casino technology and content provider Nektan Plc has confirmed the appointment of Leigh Nissim as its new CEO. Nektan governance ends its five-month search for its new leader, following the resignation of David Gosen at the start of January. The mobile gambling specialists expects to install Nissim as its CEO by late July, replacing interim CEO and …
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International Game Technology ( IGT) has simultaneously launched Prowling Panther across all channels, with the title going live online and on mobile, in parallel with multiple locations of Genting Casinos and Grosvenor Casinos. Jungle-themed Prowling Panther, a resounding success in land-based casinos in other markets around the world, is the first title IGT has released concurrently across all three channels …
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