Nektan widens casino offering with NetEnt deal
Mobile gaming platform provider Nektan fizzled lower after it signed an agreement to roll out real-money casino games from noted games-maker NetEnt.
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Nektan's platform will roll out more than 40 of NetEnt's games, which are widely adopted among many of the world's largest online casino operators, with customers including 888, Sportingbet, Betsson and PaddyPower.
Nektan chief executive David Gosen said NetEnts gaming content would "complement and significantly enhance" the company's current portfolio of original and third party games.
"Our partners will have access to NetEnt's impressive library of games including showcase titles such as the hugely popular Starburst, Gonzo's Quest and branded content such as South Park.
"The consistent release of new and high quality games is a key growth strategy for Nektan and is fundamental to building player traffic and frequency of visit, ultimately boosting player lifetime revenues for all our partners."
NetEnt Malta boss Enrico Bradamante added: "NetEnt is pleased to be working with Nektan on this important partnership and sees great potential in launching our world-class games across Nektan's mobile gaming platform, Evolve."
Shares in Nektan, which floated on AIM last November, were down 2% at 144p by mid afternoon.