The History Of Net Entertainment
Net Entertainment (as It was called in the beginning) was founded in 1996 in Sweden by a group of dedicated gambling enthusiasts and initially specialized in creating software for sports betting, as well as creating their own gaming sites.
It took the company's founders six long years of hard work to add their games to the portfolio of online casino offers. During this time, the company has a great team of talented programmers, analysts and designers who were able to produce really high-quality products. Six years later, in 2002, the so-called CasinoModule was launched, which initiated the integration of games from Net Entertainment into the portfolio of various online casinos. In the same year, the first online casino on the NetEnt platform appeared. This moment can be considered a turning point in the company's development, because after 2002, NetEnt's business went up the hill, and It began to rapidly gain popularity. One of the success factors was that the company's software was easy, simple, and cost-effective to integrate into existing online casino sites, which is why their owners preferred NetEnt.
In 2005, NetEnt received a license from the Malta gambling Commission. This allows the company to guarantee its customers the integrity and security of its software (games for online casinos).
Since 2009, NetEnt shares have been listed on the Stockholm stock exchange.
The end of 2011 (December 22) was marked by the launch of the first games adapted to the then growing mobile devices based on iOS and Android for mobile casinos. The most popular games available at that time in the company's portfolio were chosen as games: Gonzo's Quest, Jack Hammer and Blackjack. A whole platform called NetEnt Touch was developed specifically for mobile games. NetEnt's portfolio of games optimized for mobile devices is constantly expanding.
In 2012, the management of the company Net Entertainment made a statement about the beginning of work on the creation of its casino with live dealers (Live-casino), and in 2013 it was officially launched. At the moment, live games from this developer are already available in many casinos and the company is doing everything to expand the number of offered varieties of games. Also in 2012, the company entered into agreements with Boyle Sports and Paddy Power, and also entered the Danish market.
In 2013, the company released the first Live games that can be run on both computer and mobile devices.
2014 was a record year for NetEnt, as the number of transactions during This period exceeded 21,400,000,000. Also this year, a record number of agreements (31) were signed with such large companies as Betfair and bwin.party, the Rational Group, and others. Also from the pen of the company's developers came the first game for computers and mobile phones, written entirely in HTML5. By the end of the year, the company's market value was estimated at 1 billion. euro.
In 2015, something happened that the company's management has been working on for a long time - NetEnt entered the US market. The company also receives a license to operate in Spain and the UK. In the same year, another important event occurred: NetEnt games first appeared in land - based slot machines: at William Hill betting points in the UK.
In 2016, the company celebrated its 20th anniversary, in connection with which it invited the famous comedian David Sandin to create a film about the history of NetEnt. Also this year, the company entered the Romanian market.
Games from NetEnt
NetEnt company produces very hi