Mobile content and platform provider Nektan Plc (London AIM listed) has announced that it has raised an additional £2.75 million in corporate funds through a follow on funding rounding. Nektan governance announced that the capital had been raised by through the issue of £2.39 million in convertible loan notes and a placing of 32,258 new Ordinary Shares at £0.01 each. …
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Nektan gains Irish licence
Nektan PLC, the international B2B mobile gaming platform and content provider, announces that it has successfully gained approval for a remote betting intermediary licence for the Irish market. This is in accordance with new regulations which will come into effect on 1 August 2015. David Gosen, Nektan’s Chief Executive Officer, said: “We are pleased that Nektan is among the very …
Read More »Nektan posts ‘better than expected’ year performance
Aim listed B2B mobile gaming platform provider Nektan Plc, has issued it’s a preliminary trading update for its full year results ending 30 June. Nektan governance expects full year 2015 net gaming revenue to be approximately £0.5 million, with the adjusted EBITDA loss (excluding listing costs, exchange differences and non-cash charges relating to share based payments) to be better than …
Read More »Nektan gains UKGC licence
Mobile igaming platform and content provider Nektan Plc has confirmed that it has successfully received approval for both a software and a gaming licence for the UK market from the UK Gambling Commission (UKGC). Since the new regulation was introduced in the UK in late 2014, Nektan had been operating under a Gibraltar continuation licence for UK facing gaming services. …
Read More »Nektan & News UK launch mobile gaming app Sun Play
Mobile gaming platform developer and white label services provider Nektan plc has announced the launch of New UK mobile gaming app Sun Play, which will offer The Sun newspaper customers free and real money cash games exclusively themed around The Sun brand. Nektan gaming services will be added to The Sun current gaming portfolio which includes The Sun Bingo and …
Read More »Nektan confirms white label partnership with Ireland’s TV3
Mobile gambling platform and content developer Nektan has confirmed that it has reached an agreement with Irish broadcaster TV3 Group to create and operator a white-label mobile casino product under the domain 3games.ie Utilising its new Evolve mobile gaming platform, Nektan will provide the digital gambling services and provisions to TV3 Group, the Irish broadcaster is will promote its new …
Read More »Nektan secures £7.1 million in latest financing round
Igaming mobile content and platform provider Nektan has announced that it has secured £7.1 million in its latest financing round. Nektan confirmed that it had raised £4.7 million of the financing sum by issuing convertible loan notes. The mobile platform provider additionally secured the rest of the financing sum by utilising its £600,000 loan from Disruptive Tech Ltd and selling …
Read More »Loss of content partnerships impacts Nektan 2014 Performance
London AIM listed mobile gambling provider Nektan PLC has reported half year losses of £2.4 million EBITDA (period ending 31 December). Nektan recorded a revenue fall in revenues to £250,000 (H1 2013 – £1.3 million). The operator said its pre-tax loss for the six months to the end of December was £3.9 million, compared to a £3.1 million loss a …
Read More »Nektan to develop Come Dine With Me freemium bingo game
Mobile casino games developer and platform provider Nektan Plc has announced that it has secured a white label contract with UK broadcaster Channel 4, to create games for their most popular TV programs. Nektan have been allowed to create an exclusive freemium bingo game branded for Channel 4’s popular television show ‘Come Dine With Me’. Nektan said the game will …
Read More »Nektan partners with The Sun to launch Sun Play
Mobile gambling platform provider Nektan has announced that it has agreed a contract with New UK to operate Sun Play, The Sun newspapers mobile gaming proposition. Due to roll out later this year, Sun Play will combine free-to-play games alongside a suite of real-money games designed to be played on the go. Sun Play will be powered using Nektan mobile gaming …
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