Tag Archives: Nektan

Nektan eyes further international growth following strong Q1 2018 opening

Entering a new financial year, London AIM-listed mobile gambling operator and systems supplier Nektan Plc has posted a strong Q1 2018 performance (period ending 30 September). Driven by new product inventory and the continued growth of its European gaming brands, Nektan would report a double in period cash wagers to £126 million (Q1 2017:£56 million). The ‘mobile-first’ gambling firm, noted …

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Nektan ups customer insight capabilities with Newlette ‘machine learnings’ CRM partnership

Seeking to boost its CRM and player management capabilities, London AIM-listed mobile gambling supplier Nektan Plc has partnered with ‘machine learning’ customer insights firm  Newlette. Implementing machine learning processes, Newlette models player behaviour, presenting the optimum offers and bonuses, based on individual playing styles, to increase engagement and reduce bonus costs. Nektan’s marketing and retention teams will gain a number …

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Scientific Games appoints Leigh Nissim as B2B interactive lead

Nasdaq-listed industry technology provider Scientific Games Corporation (SGC) has confirmed the appointment of Leigh Nissim as its new Managing Director of its B2B Interactive division. Nissim joins SGC, having most recently served as CEO of London AIM-listed mobile games and platform provider Nektan Plc. An industry veteran, Nissim has extensive B2B commercial development background having served in leadership positions for …

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Nektan Plc acquires Nektan Marketing Services from Betfred Founder

Israeli - Copyright: tsyhun / 123RF Stock Photo

Nektan Plc, an international gaming solutions and services provider has announced the acquisition of Nektan Marketing Services in a deal with Fred Done (Betfred founder) and Warren Jacobs (ActiveWin Media). Nektan Marketing Services was initially a joint venture between Done, Jacobs and Nektan Plc and was announced back in September 2015. The company has traded as Nektan Marketing Services and …

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Leigh Nissim resigns as CEO of Nektan Plc

London AIM-listed mobile gambling specialist Nektan Plc has today confirmed the departure of Leigh Nissim as its Chief Executive Officer. Issuing a corporate update, Nektan governance detailed that Nissim will officially leave the business this coming August, with founder and Non-Executive Director Gary Shaw retaking the firm’s CEO position on an interim basis. Nissim a former IGT and GTECH executive …

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Continued realignment strategy sees Nektan hit high notes for Q3 2017

London AIM-listed industry mobile B2B gaming solutions provider Nektan Plc has published its Q3 2017 trading update (period ending 31 March) reporting top-line growth across its core performance metrics. Updating investors, Nektan governance detailed the firm’s strengthened commercial pipeline which had seen the company sign and launch 13 new casino partners. Publishing its Q3 performance, Nektan would report total group …

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Nektan records loss but takes growth momentum into Q2

Copyright: ijdema / 123RF Stock Photo

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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Nektan raises £1.75 million in asset sell-off

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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Nektan targets performance turnaround for H2 2016

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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Nektan to reverse corporate losses with completion of significant partner contract

Issuing a market update for its six month H1 2015/16 performance (period ending 31 December), London AIM mobile gaming operator Nektan Plc has reported that its operational losses increased to £3.6 million. The losses represent a 55% increase on its comparative H1 2014/15 results of -£2.3 million. However, Nektan governance were encouraged with the firms revenue performance which had increased …

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