There is no stopping our top of the charts Scandinavian casino slot software provider, Net Entertainment, as their profits soar in Q1 2014 thanks to their outstanding growth in Europe. First quarter revenues show a 26.7% to SEK 188.4 (148.80) million. Net Entertainment saw an operating profit of 51.2 SEK (41.0) million.
This tremendous growth from the Scandinavian company is a result of some key events in Europe which include new slot games and a signed partnership agreement with GameAccount Network which will allow them to grow rapidly particularly in the Italian market. In addition, thanks to 6 mobile game agreements, and 10 customer launched mobile games, they will be a key provider in mobile slot games. The software giant will up the stakes in their Live casino game offering as they have reached 10 agreements for Live casino delivery.
Last but not least, Net Entertainment partnered with Bet365, a global leader in online gaming, where their games will be included under the ‘Vegas’ tab on the Bet365 website.
While Net Entertainment expands their reach in regulated online gaming markets, their focus moving forward will be to explore the regulated markets of Spain and Holland as well as get the company prepared for the UK re-regulated market in the second part of 2014.
Free Slot Money continues to consistently review the new online slot game releases of Net Entertainment as the company has set a high precedent in online slot play and we predict will continue it’s tremendous growth.
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