NetEnt | Better Gaming

Glossary

A

Application Programming Interface (API)
The integration interfaces proprietary to a party which relate to that party’s core software that outlines the routines, data structure, object classes and protocols.

B

Back Office
Casino management system.

Bet
Any form of wager or real-money at stake.

Bonus Deduction Cap
Defines how much licensees can deduct in bonuses from the game win before NetEnt calculates the monthly license fee.

Branded Games
Means casino games that use content licensed from a third party and on which a royalty or license fee is paid by NetEnt.

Betting Limits
Minimum and maximum wagers that a player can make at any one time.

Bet Max
In slot games, this is the maximum number of credits that a player can bet per spin. Players can select this button (where available) to bet the maximum number of credits.

B2B
Business-to-business. NetEnt is a B2B company.

B2C
Business-to-consumer. NetEnt is not a B2C company.

C

Casino Games
This is the overarching term for all NetEnt games.

Chips
Disks used to denote values in place of real or play money, giving a visual representation of a bet.

Casino Games Catalogue
Catalogues that include all casino games that are available in a jurisdiction or regulated market.

Casino Lobby
Page within the licensee’s gaming site showing the casino games that are available on the gaming site.

Credits
In slots, credits are units that players can bet.

Croupier
The French word for dealer, used in games such as roulette.

CasinoModule™
CasinoModule™ is the brand name of our core product.

Casino Result
Casino Result = Bets – Wins – Player Compensations – Jackpot Changes + Tournament Ticket Sales – Regulated Market Gaming Tax.

Commercial Go-Live
This is the date when the first game round is played for real money on the licensee’s gaming site.

Customer Support
Function at NetEnt that assists licensees with incidents and problems.

D

Data Centre
Physical entity where the licensee’s CasinoModule™ is hosted by NetEnt.

Deal
When the dealer distributes cards to players in a card game such as blackjack.

Desktop Games
Commercial term to describe all casino games that are available to players on their desktop PC or Mac (including laptops).

Deposit
A cash payment, usually made online, to credit a gaming account with funds to play.

E

Even Money Bet
A bet placed with odds of one-to-one (1:1), meaning that it pays the exact amount wagered, with the original wager returned to the player. Such odds are also known as “evens”.

Expanding Symbol
In slot games, this is a symbol that expands to fill the reel.

F

Free Rounds
This is a particular bonus program functionality of the CasinoModule™.

Free Spins
In slots, these are usually offered as a bonus or feature round and allow players to spin the reels without using any credits.

Face Card
In card games, these are cards that feature a ‘face’, such as jacks, queens and kings.

Feature Round
In slots games, this is a special round that may include free spins, interactive games and/or the opportunity to win additional prizes.

Flash
A multimedia and software platform used for creating vector graphics, animation, browser games, rich internet applications, desktop applications, mobile applications and mobile games.

Flat Betting
When a player wagers the same amount for each bet it is known as flat betting. This is opposed to a player who varies the size of their bets.

G

Game Client Branding
Term used to describe how NetEnt can brand games with the licensee’s logo, trademarks, colours etc.

Game Type
Term used to describe the genre of a casino game, such as Live Casino, video slot, table games etc.

Game Win
Game win is bets minus wins.

Gaming System
The NetEnt CasinoModule™ is a gaming system. It is not a platform in terms of the gaming industry definition. The gaming system is integrated with the licensee’s system/platform.

Gaming Tax for Hosting & Management
Official term used by the Malta Gaming Authority. This is a tax imposed by MGA for the hosting of foreign regulated licensed companies that are not in possession of a license from the MGA.

General Availability (GA) Date
Date when NetEnt releases a new game, product or service that is available for all operators.

Gross Gaming Revenue (GGR)
Industry definition and generally refers to the gross gaming revenues (Bets – Wins – Player Compensations) that a game generates before regulated market tax is deducted.

H

Hand
The cards dealt to a player in a card game such as blackjack, in between the dealer shuffling.

High Roller
A player known to make big bets.

Hosting Centre
Same as data centre. Physical entity where the licensee’s CasinoModule™ is hosted by NetEnt.

Hosting Fee
Fixed monthly hosting fee invoiced to licensees covering customer support, IT service management, incident handling, problem handling, hosting charges and bandwidth.

Hot
A player on a winning streak is known to be ‘hot’.

HTML
Abbreviation for Hyper Text Markup Language. Standard markup language used to create web pages. This is a key technology used by most websites to create visually engaging webpages, user interfaces for web applications, and user interfaces for many mobile applications.

HTML5
This is the fifth revision of the HTML standard. Since 2015, all NetEnt games are developed in HTML 5.

I

Integration
Integration is the term for the activities and tasks that take place to connect the licensee’s account platform with the NetEnt CasinoModule™.

J

Jurisdiction
Term to describe a gaming license jurisdiction (i.e. Malta, Spain, UK, New Jersey).

L

Land-Based Casinos
Same as offline. All casinos that are not online.

Licensee
Term used to describe NetEnt’s customers. Other terms are operators, clients, partners, customers and accounts.

Live Casino
Game type which means a casino game with real dealers, broadcast over videolink in real time from a gaming studio.

Live Common Draw Blackjack
Live Common Draw Blackjack is a type of Live Casino Blackjack game where many players can participate simultaneously.

Live Blackjack
Live Blackjack is the seven-seat variety of our Live Casino Blackjack games.

Local Jackpots
Means a local jackpot for one licensee in one jurisdiction.

M

Maximum Bet
The largest wager permitted in a casino game such as roulette or blackjack.

Minimum Monthly Licence Fee
This is the minimum amount that we invoice our licensees each month. It will only apply if the calculated monthly licence fee is less than this amount.

Monthly Licence Fee
Monthly licence fee is the revenue share fee that licensees are invoiced each month. Calculated as a percentage of gamewin in our games.

Multichannel
The ability to enjoy our games on various platforms, such as desktop, tablets, mobile and land-based gaming machines.

Multiplier
In slots, this refers to a feature where payouts can be multiplied up to a certain amount of times.

Multi-Player
Available for our Live Casino games only. It is not available for our RNG games. This allows a player to play in real-time with other players seated at the same table.

N

NetEnt Touch™
Brand name for our mobile games.

Net Gaming Revenue
This is an industry wide definition and generally refers to the net revenues (Bets – Wins – Bonus Costs – Tax) that a game generates AFTER regulated market tax is deducted.

O

Online Casino Supplier
NetEnt is an online casino supplier.

Online Gaming Operator
This is the term for what our licensees and potential customers do. Online gaming operators can offer casino games, sports betting, poker, bingo, spreadbetting and social media games.

P

Payline
In slot games, these are the lines on which winning symbols must land in order to win.

Payout
The money a player receives for a winning bet.

Payment Solution
Means functionality within the gaming site that allows a player to deposit and withdraw funds using credit cards and other forms of payment.

Paytable
In slots, the guide to the possible combinations of winning symbols on paylines.

Players
The term to define the licensee’s players that play casino games.

Pooled Jackpots
A larger jackpot that is pooled from several operators.

Progressive Slots
These games are linked and they pool a jackpot prize.

Progressive Jackpot
A fixed amount from each wager will go towards the progressive jackpot, which will continue to build until it is won.

Professional Services
NetEnt can provide additional services to its customers such as extra integration services/migrations/consolidations, game client brandings, business intelligence, marketing services including planning, web banner creation and poster design and training.

 

R

Random Number Generator (RNG)
A computational algorithm designed to generate a sequence of numbers or symbols that is entirely random.

Regulatory Authority
Any foreign, domestic, tribal, federal, territorial, state or local governmental authority, quasi-governmental authority, instrumentality, court, government or self- regulatory organization, commission, tribunal or organization or any regulatory, administrative or other agency, or any political or other subdivision, department or branch of any of the foregoing.

Regulated Market Gaming Tax
This is the term used to define a regulated market tax that is imposed by the Regulatory Authority on the Online Gaming Operator (e.g. the tax an Italian Licensee would pay to AAMS).

Return to Player (RTP)
The percentage of bets returned to players from a specific game – on average and over time.

RGS
Remote Gaming Servers.

Revenue-share
Licensee fees that are calculated as part of the customer’s revenues.

Reel
In slots, a reel refers to one of the columns on which players try to hit certain symbols or prizes.

S

Scatter
In slot games, machines with a scatter feature have specific symbols that pay out regardless of which other symbols are hit.

Senior Management Team (SMT)
The group management at NetEnt.

Service Level Agreement (SLA)
The agreement with licensees that covers maintenance and support of our products and services.

Session
A period of time spent at a table playing a particular game.

Software Licence Agreement (SA)
This is the term for our main legally binding agreement with our licensees.

Spin
Refers to a bet on the game in which players spin the reels.

Stacked
Stacked symbols are fixed in adjacent spots on the same reel.

Symbol
In slots games, a symbol refers to an icon or value on the reel.

System Integration Fee
Upfront fees received from licensees before commencing integration activities. It covers the hardware investment and integration/testing activities.

T

Third-party Licence Games
These games are not branded games. These games are part of the extended games offering and are subject to a third party licence fee. NetEnt offers only a few games that are developed by third parties.

Toll Gate (TG)
A defined checkpoint in development process or activity.

V

Video Slots or Classic Slots
Terms used to describe NetEnt’s main product, slot games.

W

Wager
Another word for a bet.

Wallet Options
The NetEnt CasinoModule provides two different wallet options (player account handling options) for licensees: basic (casino) wallet, and seamless wallet. When licensees develop their casino operations they must select one of the wallet modes for respective games.

Wild
In slots games, wild symbols are symbols that will substitute for winning symbols in the event that they land on a payline.