Home / Gambling / B2B News / Nektan showed a 22% year-on-year increase

Nektan showed a 22% year-on-year increase

The fast growing international gaming technology platform and services provider Nektan set a new quarterly revenue record of £8.6m (€9.6m/$11m) for the three months ended December 31, 2018.

The gaming revenue total represents an 83% increase on the £4.7m posted in the second quarter of the supplier’s 2017 financial year, as well as a 28.4% jump on the £6.7m generated during the first quarter of its current financial year.

Nektan’s B2C white label managed casino solutions remain the company’s main source of income, with net gaming revenue (NGR) from this area of the business up 31.9% year-on-year to £6.2m. This was boosted by the launch of new white label casino partners, such as amusement arcade operator Shipley Brothers, and enhancements to the Nektan technology platform including a new Content Management System and Partner Request Console.

But higher than expected player wins and bonusing led to a 3.1% quarter-on-quarter decline in B2C NGR, down from £6.4m in Q1.

Follow us on

Check Also

Multilotto teamed up with Direkten

Malta-based lottery betting operator Multilotto has announced the creation of a new Swedish alliance, as …

Wazdan partners with Chippy Software

Slot game developer Wazdan has announced a partnership with Chippy Software, a B2B casino provider …

Leave a Reply

Your email address will not be published. Required fields are marked *

Show Buttons
Hide Buttons