Posted in Industry October 30, 2018
NetEnt Operating in Canada and Lithuania
NetEnt, a well-known gaming company, has been expanding its horizons and expanding into new markets lately. To give you an idea of their scope, here are some facts about NetEnt:
- They have a team of over 1,000 employees
- Their catalog boasts over 200 developed and published games
- They support over 200 online casinos on their platform
- Their system has processed over 41.2 billion transactions in the past year
In addition to partnering with industry leaders in the online gambling field, NetEnt boasts a top-notch software and has acquired all the necessary licenses. Over the course of their 20 years in existence, their games have won numerous awards, and it’s no wonder they are one of the most popular software providers in the world, with some of their machines delivering eight-figure payouts. For example, one of their slot machines – the Mega Fortune – rewarded a gambler with more than 17 million Euros in a single spin, which only cost them 25 cents.
NetEnt in Lithuania
While many are waiting for the US market to open up to international online casinos, NetEnt is expanding into several smaller markets. One of these markets is Lithuania, where they partnered with TOP Sport, the biggest online gambling operator. NetEnt’s games will be offered to Lithuanian players after all technical integrations were complete and tests proved successful. This is a significant breakthrough, as Eastern Europe’s daily users in the online gambling industry add up to millions.
NetEnt in Canada
NetEnt’s trend of global expansion doesn’t stop at Lithuania. They recently entered the Canadian market through a partnership with IGT and struck a deal with the British Colombian Lottery Corporation, which is part of the World Lottery Association. While it’s not clear which games players will have access to, titles such as Gonzo’s Quest, Starburst, and BerryBurst are likely to be included. NetEnt has yet to fully penetrate the Canadian market, as some of their competitors like Microgaming have been there for a while, but it’s still an opportunity to win over millions of Canadian online gamblers. NetEnt’s ultimate goal remains to enter the regulated US market, and the legalisation of online gambling on the federal level is a promising sign. It’s only a matter of time before more countries start to embrace these opportunities.
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