Netent Red Tiger merger

In 2019, Netent announced that it was acquiring Red Tiger for approximately 220 million GBP. This announcement made the igaming industry sit up and take notice of the Stockholm-headquartered company; this was the first acquisition that Netent was making. You can learn about this business decision at . Brief history of Netent Netent was founded as a gambling company in 1996 to cater to the needs of the land-based casinos. However, within a few years, it became evident to the company that the future of gambling lay on the internet and online-based casinos. This is how isabelleinfinland came into being. Since its inception, we at Netent have been singularly focussed on all things online gambling. Last year, we recorded more than 50 billion transactions on all our games worldwide. Our revenues grew by 0.06% in 2019 even as we tied up with more than 200 operators in the world. We are spread all over the world As we grew in size, we realized that Netent must have offices globally. Today, we have business offices in Europe, North America, Malta, Gibraltar and India. These offices churn out game titles that have a regional flavour. This makes sense because gambling is all about local tastes. Red Tiger Gaming We acquired Red Tiger gaming for the fantastic value that it brought to the table. This company was founded in 2016 by a group of industry veterans who wanted to change the igaming industry. In its 4 year-journey, this company has produced several jaw-dropping titles Complementary Markets of Red Tiger While Netent is largely Europe focussed, Red Tiger reaches out to the Asian markets. This where Netent saw the value. By getting Red Tiger in our stable, we can now reach out to the avid online gamblers of India, Malaysia, Indonesia, Singapore, and much of south-east Asia. Red Tiger Games and Awards In 2017, Red Tiger won the first EGR Awards in the Slot Provision category. Red won this title after beating hot favourites such as Yggdrasil, Playtech, and Quickspin. What caught the attention of the judges was Red Tiger's Daily Jackpots feature. Since then, Red Tiger hasn't looked back. Red Tiger-Netent merger In 2019, the total Red Tiger revenues were in the range of 18 million GBP. This acquisition happens in two stages. In Stage 1, Netent has paid nearly 197 million GBP tp acquire this Isle of Man headquartered company. This value corresponds to 100% shares of Red Tiger. In the second stage, Netent would pay an additional 23 million GBP subject to Red Tiger's performance. This deal was facilitated by Danske Bank and Nordea. To know more about this mega deal, please write to [email protected] You can call her at +46 (0)8 578 545 00 Future of Gaming and Profits Commenting upon this deal, Netent CEO told the media that she expected the company's EPS to grow significantly. This would be good news to the investors who want Netent to grow faster and post profits. After this acquisition, Netent would reach a critical size that's necessary for future growth. Reach out to us If you are a tv network or a newspaper organization, please reach out to us to decode this merger. You may also like to cover our new product launches and product upgrades. Netent is eager to listen to you and answer all your queries.

What game provider offers the best game: Netent vs Microgaming?

The casino world is a huge industry, in fact, it is so huge that no company can easily dominant entirely. This is why the industries have different subsections such as casinos and software providers. Some of these software providers include Netent and Microgaming. To learn more visit Overview of Netent games Netent is one of the major game providers in the industry and has been operating since 1996. The company has over 1000 employees. You can learn about the more of Netent casino games at . Some of the awards received by Netent include Live Casino Award for 2019 Best slot provider The company has grown in the past two decades and is currently listed in the SSE. The company has licenses in different jurisdictions across different countries. Netent focuses on different casino games categories and some of these categories include Video slot, table and live casino games. Netent casino games. When comparing all the sections that Netent is established in, you will find out that the video slot category is the most diverse. In the video slot category, you will find slots having different themes and reel design. The slots also have well-defined graphics Another category is the table games category which includes card-based and tabletop games. Some of the game titles you will find here include Blackjack, American Roulette, and Blackjack Single Deck. Netent also has games in the live casino category which allows you to connect to a live dealer. Overview of Microgaming Microgaming is considered to be one of the pioneers of casino gaming providers. The company began its operation in 1994 and has been producing games to make the casino world and interesting place. Microgaming built the first-ever mobile casino game in the year 2004. After this, game providers continued the feat by creating another amazing game titled Tomb raider. The company has various offices in different nations and have hundreds of employees working with them. The company is the first-ever game provider to set the record for the biggest jackpot payout Microgaming casino games There are several games developed by Microgaming, all of which are in various categories. The most diverse of all these categories is the video slot game. These category has slots with varying themes and graphics. Below are some of the titles you will find in this category are: Arena of Gold African Quest The company also has games in other categories such as table games categories and live casino games. Some of the games in these categories include Vegas Single Deck Blackjack. There is also the scratch card category which includes happy holidays scratch and Avalon scratch Conclusion on the best game provider Netent is one of the most reputable casino games providers with offices in different countries. The company also have several games in their portfolio to make the casino world and interesting place. If you are searching for the best slots, you will find it in Netent collections. Microgaming is one of the pioneers of casino game software. The company started its operation in 1994 and has since been instrumental in the advancement of the industry. When you are looking for the best progressive jackpot slot to play, you should check out Microgaming