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Yggdrasil’s full suite of games now live on Nektan-operated online casinos

Zoltan Tundik

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Tuesday, 7th August 2018 – Nektan PLC (AIM: NKTN), the leading international B2B gaming solutions and services provider, has expanded its suite of games with the addition of content from award-winning slot developer Yggdrasil.

Yggdrasil´s complete collection of games, including its latest releases Tut´s Twister and Penguin City, are now available on all global casino sites operated by Nektan.

The latest agreement greatly increases the variety of games that Nektan offers to its operator partners, supplementing the best-of-breed third-party providers it has at its disposal.

Michael Byrne, Chief Operating Officer of B2C at Nektan, said: “We’re delighted to have partnered with Yggdrasil, one of the industry’s leading providers of highly-engaging slot games.

“Being able to offer an abundant variety of games on our platform is an attractive proposition for members of our casino network. Wherever you are in the world, players are always after a rich gaming experience and Yggdrasil is renowned for being able to offer just that.”

Fredrik Elmqvist, CEO at Yggdrasil, said: “This is a great partnership for us and gives us the opportunity to fast track our expansion.

“The integration process with Nektan was quick, seamless and efficient. We look forward to an exciting and fruitful partnership with Nektan.”

 

About Nektan:

Nektan is a leading international B2B mobile gaming solutions 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, 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.

 

About Yggdrasil:

Yggdrasil is a provider of superior online gaming solutions for igaming operators, ultimately targeting end players active on mobile, tablet and desktop. The business was founded in 2013 and has since emerged as one of the industry’s most respected and acclaimed suppliers and provides gaming content to some of the world’s leading operators including 888, LeoVegas, bet365.com, Betsson, MRG, Bwin, William Hill, Unibet and Lottomatica. The business model is highly scalable and the offering is provided across three product verticals – Casino Slots, Table Games and Bingo – and through the business verticals Yggdrasil White Label Studios, YGS Masters and Yggdrasil Dragons.

Yggdrasil has since its inception embarked on a solid growth trajectory enabled by a strong corporate culture focused on innovation, creativity, quality and technology leadership. Yggdrasil’s leading position is further underlined by winning several high-profile industry awards in recent years, e.g. “Innovation in RNG casino software” at the EGR B2B Awards (2018), “Innovator supplier of the year” at the International Gaming Awards (2018) and “Innovator of the year” at the International Gaming Awards (2017).

Yggdrasil is headquartered in Stockholm, Sweden, with operational HQ in Malta and regional offices in Poland and Gibraltar. Yggdrasil is led by the founder and CEO Fredrik Elmqvist, who is supported by a seasoned international senior management team and a diverse team of highly dedicated employees.

Industry News

Casino Technology Rebrands as CT Gaming

Niji Narayan

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Casino Technology Rebrands as CT Gaming
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Casino Technology has announced its rebranding and name change. CT Gaming will be the new brand name of Casino Technology as of January 1, 2020.

The change is driven by the company’s growth, expanded innovations and its desire to better reflect its commitment to be at the forefront of the ever-changing technology environment and customer demands.

“As we marked 20 years in business this year, we recognised the need to better communicate our vision for the next period. Building on our core and looking into the future objective to embrace innovation and focus on the new generation of players, it was clear that rebranding was in order. The new name mirrors our constant drive to improve and be in the van of unleashing unconventional concepts and shaping trends. Our team embraced the rebranding decision enthusiastically and are charged with new ideas, commitment and motivation to deliver the best of their expertise,” Milo Borissov, founder and president of the company said.

“CT Gaming represents the evolution in our company, reflecting and merging our genesis into this new era. We will continue to strive to deliver the best customer services and bring excellence at all levels to our partners and customers, solidifying loyal and meaningful relationships that shape our industry’s tomorrow,” Rossi McKee, vice president of the company said.

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Industry News

Europe’s Online Gambling Market Grows 11% in 2018

Niji Narayan

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Europe’s Online Gambling Market Grows 11% in 2018
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Europe’s online gambling market has shown an impressive growth last year.

According to the market data published by the European Gaming and Betting Association (EGBA) in partnership with H2 Gambling Capital, Europe’s online gambling market grew 11% from €20 billion GGR in 2017 to €22.2 billion GGR in 2018.

According to the new data, EGBA members had 16.5 million active customers and generated €5.41 billion in online gambling GGR in 2018. The UK market (34.2%) accounted for the largest portion of the total EU online gambling market, with a market value of €7.3 billion GGR.

Sports betting was the most popular online gambling activity with 42.5% of the total EU market share (worth €9.4 billion GGR), followed by casino games at 32.4% (€7.2 billion GGR), lottery at 12.6% (€2.8 billion GGR), poker at 5% (€1.1 billion GGR), bingo at 4.3% (€1 billion GGR), and other games with a 3.2% market share (€0.7 billion GGR).

As per the new data, 57% of online bets were placed from a desktop computer, while 43% of online bets were placed from phones and tablets – up from 39% in 2017 and highlighting a shift towards the use of mobile devices.

“Europe’s online gambling market continues to show a strong demand-driven growth and a switch to mobile devices. But its increased popularity reinforces the need for more consistent and strong consumer protections and industry standards across all EU countries. The current situation of diverging and sometimes conflicting regulations in EU countries is detrimental to consumers, authorities and operators alike,” Maarten Haijer, Secretary General of EGBA said.

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Industry News

Grand Casino Baden Chooses SafeCharge, a Nuvei company, to Power Payments for Its Online Platform

George Miller

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Grand Casino Baden Chooses SafeCharge, a Nuvei company, to Power Payments for Its Online Platform
Reading Time: 2 minutes

 

One of Switzerland’s first licensed online casinos leveraging SafeCharge’s best-in-class payments technology for its iGaming service

SafeCharge, a Nuvei company, announces it has partnered with leading Swiss operator Grand Casino Baden to process credit card payments for its digital gaming platform jackpots.ch, developed by Gamanza. The collaboration provides Grand Casino Baden, a pioneer in online regulated gaming in the region, the ability to better address the needs of a growing audience of online gamers.

Earlier this year, Switzerland’s Federal Gaming Commission (ESBK) made the decision to regulate the country’s online gambling market, allowing Swiss land-based casinos to operate online. SafeCharge offers Visa and Mastercard acquiring services issued by Swiss banks, and through a single API integration that connects to over 180 payment methods, including local favorite Post Finance, enables jackpots.ch players the flexibility to pay through the method of their choice.

By utilising SafeCharge Cashier, Grand Casino Baden benefits from a frictionless payment experience for its online customers, delivering seamless deposits and withdrawals, plus compliance with anti-money laundering (AML) laws. SafeCharge handles the safeguarding of sensitive information, descoping the casino’s PCI DSS (Payment Card Industry Data Security Standards) liability. Further, by integrating with SafeCharge Cashier, Grand Casino Baden aims to increase its readiness for complying with the EU’s revised Payment Services Directive (PSD2) strong customer authentication (SCA) requirements.

“We knew that we had to partner with a technology player with the highest credentials and the ability to support our business within an extremely complex market, outside of EU legislations,” said Marcel Tobler, chief financial officer at Grand Casino Baden. “SafeCharge has been our preferred choice thanks to its proven track-record in the industry and unrivalled experience in fraud prevention and AML.”

“We are delighted to be working with the team at Grand Casino Baden to provide payments for its rapidly growing iGaming operation,” stated Yuval Ziv, MD of SafeCharge and head of global acquiring. “This partnership marked our entrance into the Swiss online gaming market, and we are excited at the prospect of our payments technology platform better servicing the region’s customers. As demonstrated by our long-standing collaborations with multiple tier 1 gaming operators, our solution is the ideal choice for institutions who require navigating the regulatory complexities of local markets without compromising user experience.”

Through this partnership, SafeCharge has displayed it is well-positioned to address the needs of the rapidly growing Swiss online gaming market. Fore more information about SafeCharge Cashier, click here.

 

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