GamblersPost Gamblers Post is a dedicated news and networking portal in the online gambling industry which features news, opinions, interviews as well as product and software reviews.
The third quarter for International B2B gaming solutions and service provider Nektan’s gaming revenue rise from £2.2m to £3.7m, an increase of 63% from the year prior, and 3% more than in Q2.
Even revenue figures proved to be positive, cash wagering increased 77% year-on-year to £99m, however, this was 7% lower than the £106.7m recorded in the second quarter of the current year. The number of first time players soared by 147% from 15,568 in the third quarter of 2016 to 38,424, whilst transactions jumped 255% to £132.3m.
Nektan saw a progress in that an increase in its Managed Gaming Solutions division during the third quarter was driven by a pivot towards higher margin activities.
