NetEnt News Summary April 2017

NetEnt News Summary April 2017

Published on 30/04/2017 19:11:22

NetEnt obtains license as supplier in British Columbia, Canada

The Gaming Policy and Enforcement Branch (GPEB), the gaming regulator in the Canadian province of British Columbia, has approved NetEnt Americas as supplier to the only licensed gaming and lottery operator in the province, British Columbia Lottery Corporation (BCLC).

BCLC is a Crown corporation owned by the province of British Columbia, whose revenues go towards supporting communities, health care and education. The Canadian gaming market is regulated through separate licensing systems in each province. British Columbia is the third largest Canadian province by population with approximately 4.6 million inhabitants and Vancouver is the largest city in the province.

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.

NetEnt opens new chapter in Fairytale Legends series with launch of Hansel and Gretel

NetEnt, the leading provider of digital gaming solutions for online casinos, has released the second title from its fabulous Fairytale Legends trilogy, Hansel and Gretel™.

The 5-reel, 3-row, magic-filled video slot takes players into the deepest, darkest woods as they try to help the siblings make their way through the thicket – and stay safely away from the wicked witch.

Hansel and Gretel is packed with random and bonus features, free spins, stacked wild re-spins, and wild substitutions. The thrilling gameplay is wrapped in a stunning NetEnt visual production and features a series of beautiful animations that bring the classic story to life.

Hansel and Gretel follows the October 2016 launch of Red Riding Hood. The third and final instalment of the Fairytale Legends series will be released in later this year.

Interim report January–March 2017

First quarter 2017

  • Revenues for the first quarter increased by 15.2% to SEK 398 (345) million
  • Operating profit amounted to SEK 136 (128) million, an increase of 6.3%
  • Operating margin was 34.2 (37.1)%
  • Profit after tax amounted to SEK 124 (122) million, an increase of 1.8%
  • Earnings per share amounted to SEK 0.52 (0.51) before and after dilution
  • 15 new customer agreements were signed, a new record, and six new customers’ casinos were launched

Important events in the first quarter

  • Games were launched with Codere on the regulated market in Mexico
  • NetEnt announced that it will develop its first VR game and revealed two new branded game titles for 2017: Planet of the Apes and Emojis®
  • The Live Casino product offering was strengthened with the launch of Common Draw Black Jack for mobile

News Press Release

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