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George Miller



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Nektan plc (AIM: NKTN), an international B2B and white label gaming software and services provider, announces its unaudited results for the six months ended 31 December 2017.


Financial Summary:

  Unaudited six months ended 31 December 2017


Unaudited six months ended 31 December 2016



Total revenue 8,815 5,727
Adjusted EBITDA loss* (1,647) (1,498)
Adjusted EBITDA loss* – Managed Gaming Solutions (918) (1,498)
Operating loss ** (3,165) (512)
(Loss)/profit before taxation ** (4,172) 1,188
Basic & diluted (loss)/earnings per share (pence) (12.6) 4.9


*Adjusted EBITDA loss exclude depreciation, amortisation, income or expenditure relating to exceptional items, profit on brand disposals and non-cash charges relating to share based payments and impairments

**In 2016 operating profit included the profit on brands disposal of £1,950k and profit before taxation includes the profit on brand disposals and the fair value adjustment on increase in equity ownership of £2,322k



  • Revenue up 54% versus six months ended 31 December 2016 and 17% versus six months ended 30 June 2017
  • Significantly reduced losses in the Managed Gaming Solutions division with an adjusted EBITDA loss of £918k (H1 FY17: £1,498k)
  • First global platform deal signed in B2B technology services with Tyche Digital opening up significant new pipeline of opportunities that Tyche is developing
  • First revenues in the European B2B division with 5 deals now live
  • Nektan takes first mobile cash bet at casino in US
  • Raised £1.76m through a placing and subscription of new shares in December 2017


Post period-end:

  • Continued trading momentum in European business with revenue from diversification from white label and gaming service provision business
  • Over 100 casino brands now live from 52 partners, including new European-focused partnerships
  • Nektan’s Evolve Lite Platform live in Asia with 247 Asian games and a number of contracts signed through the Tyche Digital integration
  • Following its launch in the US in August, its US business is progressing and is currently installing in three land-based casinos


Gary Shaw, Interim Chief Executive Officer of Nektan, said:

The European business continues to deliver strong trading momentum. We are developing our mobile first casino product, diversifying our portfolio of services to include additional B2B gaming solutions in Europe, US and now Asia.

Our European white label services business now consists of over 100 casino sites.  We continue to leverage our partnerships with numerous global game providers including Realistic Games, Pragmatic Play™, Booongo Gaming and Pocket Games Soft, to deliver the Nektan Technology platform into further new geographic markets with localised content.

I am particularly pleased that we are maintaining a central cost base to develop these revenue opportunities. We are expecting continued margin improvements, as our business partners develop new markets utilising our core technology platform, and to become a successful global technology supplier.


Download the announcement in full


For further information on the Group, please contact:


Gary Shaw, Interim Chief Executive Officer

Patrick Sinclair, Chief Financial Officer

via Newgate below
Stockdale Securities Limited

Tom Griffiths / Ed Thomas

+44 20 7601 6100
Newgate (PR Adviser)

James Benjamin


+44 20 7680 6550 / + 44 7747 113 930



Further information on Nektan can be found on the Group’s website at


About Nektan:

Nektan is an international B2B and white label gaming software and services provider, operating in the regulated, interactive real money gaming (RMG) space, delivering original and innovative solutions to commercial organisations that have established online audiences.

Nektan’s full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus on marketing the product to their consumers.

Nektan’s US operating subsidiary, Respin, provides US land-based casinos with in-venue mobile gaming solutions which allow operators to add mobile technology and content to their existing offerings, with products accessible to players across both cabinets and mobile devices inside the casinos. Respin has a strong intellectual property portfolio including game patents for Rapid Games™ (on-property mobile entertainment), and other captivating concepts and brands.

Nektan is headquartered in Gibraltar, regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market and maintains sales and customer support operations in its two primary geographical targets, Europe and North America.  The proprietary Evolve technology is developed and maintained by a talented and experienced team of employees from Nektan’s Indian office.

Nektan plc was admitted to the AIM market of the London Stock Exchange in November 2014.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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NetEnt Press Releases

NetEnt celebrates after second life-changing jackpot drops on same day

Zoltan Tundik



Reading Time: 2 minutes

NetEnt’s jackpot games continue to prove that they are the largest online jackpots in the iGaming world, after making two multi-millionaires in just 24 hours.

The second incredible jackpot prize of €2,667,743.19 was won by a UK-based player on the 7th March, off a €1 spin, while playing NetEnt’s popular progressive jackpot slot Mega Fortune™ at PokerStars Casino.

The Brit spoke about the shock win, saying: “I put my hand over [the screen] because I thought, ‘I’ve got no chance of winning this, I want it to be a surprise’. It spun. When I took my hand away and saw what happened… I almost passed out. No this can’t be real.”

On the same day, NetEnt’s Mega Fortune Dreams™ paid out another huge €4,084,430 jackpot on a different gaming operator’s platform.

Henrik Fagerlund, Chief Product Officer of NetEnt, said: “The jackpots just keep on dropping at the moment and two in one day is a record for us. The big and frequent wins are of course why players love NetEnt jackpot games so much. I would like to congratulate The Stars Group, and PokerStars Casino for what is their biggest ever online-win payout!

Let’s hope this amazing start to 2018 continues. I look forward to seeing NetEnt’s popular jackpot games changing more lives!”

For additional information please contact:


About NetEnt

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by their cutting-edge platform. With innovation at its core, NetEnt is committed to helping customers stay ahead of the competition. NetEnt is listed on Nasdaq Stockholm (NET-B), employs 900 people and has offices in Stockholm, Malta, Kiev, Gothenburg, New Jersey, Krakow and Gibraltar.

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NSoft Press Releases

NSoft releases its SportsBook to a new customer in Kosovo

Zoltan Tundik



Reading Time: 2 minutes

NSoft has released its SportsBook web solution to a new customer in Kosovo – Eccobet. By offering a comprehensive software solution including Pre-Match Betting and Live Betting, NSoft’s SportsBook provides plug and play solution in no time.

It is a turnkey solution based on a revenue share model that minimizes risk, reduces operational costs and brings benefits to different types of operators. NSoft’s Seven Platform allows distribution of Pre-Match offer through different delivery channels – retail, terminal, web and mobile.

Being Betradar’s Certified Gold Partner confirms NSoft’s commitment to excellence in providing services of highest quality and reliability.

NSoft’s content and technology are delivered throughout a modern customer platform providing dynamic gaming solutions and remaining fully focused on ensuring the most realistic user experience possible.

Contact NSoft’s sales team at and find out about upcoming products and novelties.

About NSoft

NSoft provides top quality software solutions for gaming and betting industry, including platform, virtual games, sportsbook, and lotteries.

Our unique approach to customers and creative software solutions positioned us as one of the top providers of innovative products for gaming industry. A combination of great products, great people, and great culture played a key role in our growth. We understand that strong and long-term partnerships are essential for further development, so we joined forces with world’s leading sport data provider – Sportradar.

This means our products are available through Betradar sales channels.

NSoft Portfolio

  • SEVEN Platform
  • Virtual Games
    • Lucky Six
    • Lucky X
    • Next Six
    • Keno 20/80
    • Slot Car Races
    • Greyhound Races
    • Virtual Greyhound Races
    • Virtual Horse Races
    • Virtual Drag Races
    • Virtual Motorcycle Speedway
    • Roulette
    • Jackpot System
  • Sportsbook
    • Pre-Match Betting MTS & Self-Managed
    • Live Betting MTS
    • Pool Betting
  • Lotteries
    • World Numbers Service (Developed in partnership with Betradar)
  • Betradar (games available through NSoft’s sales channels)
    • Virtual Football League
    • Virtual Tennis Open
    • Virtual Basketball League

It is NSoft’s mission to provide betshop owners with powerful and visually appealing platform, amazing virtual games, and data-packed sportsbook, and help them grow their business.

By developing our state-of- the-art software solutions we are devoted to creating business environment which will maximize our customers’ sales opportunities and empower their company to reach new levels of growth.

Our ambition is to continue building value for customers, stakeholders and partners.

You are more than welcome to join us on the journey.

We would be delighted to work with you!

Contact emails:

Sector within the industry: betting/gaming software provider

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BetConstruct Press Releases

BetConstruct partners up with Booongo Gaming

George Miller



BetConstruct partners up with Booongo Gaming
Reading Time: 2 minutes

BetConstruct integrates the Booongo Gaming portfolio to its Casino Suite Software.

Booongo Gaming becomes a new provider for BetConstruct Casino platform. A wide range of 4,000+ games of our company is now freshened up with such well-known titles from the provider as God’s Temple, Poisoned Apple, Lucky Xmas, 15 Golden Eggs and African Spirit.

Booongo`s Business Development Manager, Yuriy Muratov said that BetConstruct is a company, which has really impressed us during all stages of this project, because the cooperation on their side is excellent. “We are thrilled to provide BetConstruct with our games as the latest addition to their Gaming Suite. We look forward to working closely with the guys at BetConstruct as our games go live with their customers over the coming months.

BetConstruct’s HEAD OF BUSINESS DEVELOPMENT, Anna Poghosyan, commented: “We are delighted to confirm Booongo as the latest content partner to BetConstruct’s Gaming Suite. Addition of popular Booongo titles like Poisoned Apple, Lucky Xmas and the latest Nord’s War – further enhances our gaming portfolio, which now features over 4,000+ games. BetConstruct has built an excellent relationship with the Booongo team, which helped secure a rapid integration and I look forward to distributing their unique gaming content via our Game Aggregation Platform.


BetConstruct is an award-winning developer and provider of online and land-based gaming solutions with development, sales and service centers in 15 countries.
BetConstruct’s innovative and proven offerings include an extensive range of products and services, including Sportsbook, Sports Data Solutions, Retail Solutions, RNG & Live Dealer Casino, VR Casino, Poker, Skill Games, Fantasy Sports, Social Platform and more. The latest addition is the industry-first complete management infrastructure, SpringBME (Business Management Environment).
All partners benefit from the BetConstruct Spring platform with its powerful back office tools and all-inclusive services that empower operators’ growth and help contain their costs. From stand-alone set up to turn-key and white label solutions, BetConstruct offers its partners unfettered opportunity to succeed.

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