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 …
Read More »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 …
Read More »Nektan records loss but takes growth momentum into Q2
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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Nektan confirms departure of David Sparks as CFO
Mobile gaming content and platform provider Nektan Plc has announced that Chief Financial Officer (CFO) David Sparks is to exit from the leadership role at the end of the month. Sparks who has held the position since December 2013, will further depart the London AIM Listed mobile gaming specialist board of directors. Sparks will continue to advise the firm on …
Read More »Nektan extends games portfolio with NetEnt
Mobile games platform and content provider Nektan Plc has announced that it has signed a content portfolio agreement with European games developer NetEnt. The partnership will see Nektan offer significant content from NetEnt game portfolio to its mobile platform partners, including over 40 mobile gaming titles. NetEnt titles will be rolled out across Nektan’s real money gaming (“RMG”) partner network from November. …
Read More »Nektan positive of future growth despite widening of 2015 pretax losses
London AIM listed mobile content and platform provider Nektan plc has published its 2015 full year results (12 month period ending 30 June). The results published marked Nektan plc’s first set of public earnings since its November 2014 AIM listing, which saw the firm secure £4 million in its IPO offering. Nektan governance stated the company had made significant progress, …
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