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NetEnt holds a capital markets day – presenting more financial information and a new product initiative

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NetEnt holds a capital markets day 2018
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2018-05-22 : At today’s capital markets day, NetEnt’s CEO Therese Hillman and other senior executives will provide a business and strategy update and a market outlook for NetEnt. For the first time, the Company presents revenues by geographic region and by customer size class. Additionally, the estimated revenue impact from the upcoming Swedish gaming tax is given. Further, a new product within Social Casino is beta-launched today.

The future profitable growth of NetEnt is expected to come from existing and new customers, new products, services and distribution channels, as well as new geographic markets in Europe, North America and Asia.

CEO Therese Hillman comments: ”We have initiated changes to enable better execution of our strategy, focusing on cost control and new growth initiatives utilizing existing resources. Through a new, exciting product initiative we are now beta-launching a selection of our games on Facebook in the gaming form called Social Casino, which could generate new revenues in the mid- to longer-term perspective.”

Regulated markets form an important part of NetEnt’s growth strategy and the Company aims to be ready to operate on the re-regulated Swedish market from the expected start on January 1, 2019, given that the new regulation takes places according to the most recent proposal. NetEnt’s current total revenues will be negatively impacted by an estimated 2.5 percentage points due to the proposed new gaming tax in Sweden.

To increase knowledge about NetEnt’s business, the Company for the first time presents revenue split by geography. Based on player countries, NetEnt’s revenues were split according to the following table below.

Geography Q1 2018 Q1 2017 FY 2017
Sweden 14% 14% 14%
Other Nordic 18% 21% 20%
United Kingdom 14% 14% 14%
Other Europe 47% 42% 43%
Other World 8% 9% 9%

Based on customer size classes, NetEnt’s revenues were split according to the following table below.

Size class Share of revenues, 2017
Customer 1-3 21%
Customer 4-10 27%
Customer 11-20 17%
Customer 21-40 17%
Other customers 17%

NetEnt reiterates its financial targets. NetEnt’s overall target is to further strengthen its market position, drive developments and grow faster than the market.
Also, NetEnt is targeting shareholder cash returns of at least 60 percent of profit after tax, subject to the company’s long-term capital requirement.

 

This information is information that NetEnt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:45 CET on May 22nd, 2018.

 

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 a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ Stockholm (NET–B) and employs 1,000 people in Malta, Stockholm, Kiev, Krakow, Gothenburg, Gibraltar and New Jersey. www.netent.com

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NetEnt’s Taco Fury™ XXXtreme Takes Players to a Post-Apocalyptic, Zombie Filled World

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NetEnt’s Taco Fury™ XXXtreme Takes Players to a Post-Apocalyptic, Zombie Filled World
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NetEnt has launched its latest slot game, Taco FuryTM XXXtreme, where Chef Zombie serves questionable delicacies from a rusty food truck. Taco Wilds, Wild Explosions and XXXtreme Spins swarm the gaming grid set in a post-apocalyptic, brave new world to entertain players.

An extra horizontal reel spans above the middle reels. The Wild Explosion Feature is activated when at least 1 of the 3 different Wild Explosion symbols slides onto the horizontal reel with Taco Wilds beneath. Taco Wilds then receive Win Multiplier upgrades, and more Taco Wilds are blasted onto the gaming grid to boost the potential payout for players. Once the upgrades and payouts come to an end, the Wild Explosion Feature anchors the Taco Wilds onto the gaming grid with clattering chains and triggers a Respin for potentially more rewards.

Players can also toggle on XXXtreme Spins, where they can choose from two different options for 20x and 60x the bet. They can enjoy either 1 or 2 guaranteed Wild Explosions on each spin until the XXXtreme Spins button is toggled off again.

Nicholas Peters, Chief Business Development Officer Europe at Evolution, said: “Thanks to the quirky theme and fun mix of features, NetEnt’s Taco FuryTM XXXtreme is an entertaining gaming experience. Our talented team has created a game that will engage players with multiplier Wilds and Respins, plus the added bonus guaranteed Wild Explosions in XXXtreme Spins. Just stay out of Chef Zombie’s way, you wouldn’t want to end up on the menu!”

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NetEnt’s New Buster’s BonesTM Game Brings Paw-Some Features and Characters

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NetEnt’s New Buster’s BonesTM Game Brings Paw-Some Features and Characters
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Fierce pooches roam the dusty back roads of a never-ending canyon in NetEnt’s brand-new Buster’s BonesTM video slot. As Buster prowls the reels collecting bones, he leaves Wilds behind and amasses a tail-wagging win multiplier.

This Cluster Pays™ slot boasts thrilling gameplay as the Buster’s BonesTM Feature leaves no bone unturned. When the Buster special symbol bounds onto the gaming grid he sets eyes on available bone symbols and jumps around the reels to gobble them all up. Before moving on, he turns each bone into a Wild, which substitutes for all paying symbols. Bone symbols have a value from 1 to 5 which add up to a multiplier Buster carries with him. After all bones are eaten, Buster becomes a Wild and uses this multiplier to boost potential winnings.

Buster also triggers 8 Free Spins when he is accompanied on the reels by 2 Free Spins scatter symbols. Free Spins takes place in a dimy-lit saloon, where Buster jumps around the reels for the entire bonus round collecting bones and increasing his multiplier. If 1 or 2 additional Free Spins scatter symbols land during the bonus round, 1 or 3 extra Free Spins are awarded, respectively.

Nicholas Peters, Chief Business Development Officer Europe at Evolution, said: “Buster’s BonesTM, which was NetEnt’s headliner during ICE London 2023 earlier this year, is an exciting game thanks to its special namesake feature. Buster is an all-encompassing character, turning bones into Wilds and generating a win multiplier. The team has created a great combination; the game’s features, theme, artwork and soundtrack come together, bringing a wonderful concept to life so players can have a howling good time.”

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NetEnt Serves Milkshake™ XXXtreme to Players with Sweet Tooth

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NetEnt Serves Milkshake™ XXXtreme to Players with Sweet Tooth
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NetEnt has launched a fluffy new video slot, Milkshake™ XXXtreme, filled with soft ice cream and glossy hard candies for guaranteed zero-calorie fun. The game’s exciting progressive twist potentially helps players earn Multipliers by using scatter pays, beyond the usual pay-out rewards.

On every spin, one to four milkshake glasses will tip-toe beside the reels. Glasses fill with milkshakes when players match ice cream scoops and hard candies, respectively, of the same colors, fueled by the scatter pay mechanism. Once a glass fills to the brim, the attached Multiplier is added to the top of the reels and enhances potential wins at the end of the spin. Many Multipliers may stack up with a maximum of 400x and will reset on the new spin.

Instead of Free Spins, the special XXXtreme Spins Feature brings skyrocketing enthusiasm into this sweet little game. When players toggle on this feature, they have two options to choose from: one delivering two guaranteed glasses and one Wild on each spin, while the other summoning four glasses and two guaranteed Wilds on each spin.

In addition to the NetEnt signature Avalanche™ mechanics, the Booster Feature comes in two flavors to further thrill players. The Booster Feature activates randomly, either replacing Multipliers with a higher value or replacing one milkshake with a Rainbow Milkshake. When a milkshake turns into a Rainbow Milkshake, its Multipliers, and points remain intact; they can collect points from all scattered wins, irrespective of the color, to increase the players’ chances for potentially enhanced rewards.

Gionata La Torre, Chief Executive Officer Europe at Evolution, said: “In NetEnt’s brand new Milkshake™ XXXtreme, players can make wonderful milkshake creations enhanced by Multipliers and Color Booster. The Thrilling XXXtreme Spins feature, where the number of milkshake glasses grows to boost potential rewards further, brings excitement to the game. The team has done an outstanding job in developing a sugary online video slot that players will endlessly savor.”

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