European investment company JAXX SE, with strong presence through investments
in several online gaming operators has selected Net Entertainment as their
Under the terms of the agreement Net Entertainment will be JAXX Group’s
preferred casino partner of choice for both download and instant play casino
games. Founded in 1998, the JAXX Group is one of the pioneers in online gaming
and has through their gaming sites www.jaxx.com and www.mybet.com, established
a significant presence in Europe. JAXX SE has been listed on the German Stock
Exchange since 1999, and has more than one million registered players. JAXX
Group’s revenues for 2009 were 114,5 million Euros.
“We evaluated all major suppliers as part of the procurement process and
quickly it became clear that Net Entertainment stands in a class of its own. In
order for us to achieve our aggressive casino growth plans, we need to work
with a serious and professional player, who understands the importance of
maximizing player experience by offering portfolio excellence and stability.
Together with Net Entertainment we are confident our plans will be realized,
and we are very excited for the future” says Edward Mifsud, Director of P.E. I.
Ltd., a Malta-based member of the JAXX Group and operator of www.mybet.com.
The JAXX Group is the latest in a suite of prominent online operators that have
selected Net Entertainment as their new strategic casino partner.
”We are delighted to become JAXX’s preferred casino partner of choice. We are
investing heavily in our operations, and our dedication to push the limits in
gaming entertainment without compromising quality stays firm. This will support
JAXX’s growth going forward. The brands of the JAXX Group are widely recognized
around Europe, and their trust and confidence in Net Entertainment is clear
proof of the significant partnership values we bring to the table” comments
Johan Öhman, CEO of Net Entertainment.
“We most certainly welcome Net Entertainment as our online casino partner. Net
Entertainment’s Casino Module will ensure that we will offer a globally leading
casino product to our fast growing customer base. Through this partnership we
have once more shown real commitment to the cause. A commitment that underlines
the Group’s strategy of surpassing customer expectations and delivering real
value and most importantly a sublime quality product”, said Edward Mifsud.
For additional information please contact;
Johan Öhman, CEO Net Entertainment; Phone +46 8 57 85 45 00
Stefan Zenker, Head of IR & PR JAXX SE; Phone +49 4085378847
Edward Mifsud, Director of P.E.I. Limited; Phone +356 21370785
About Net Entertainment
Net Entertainment is a premium supplier of digitally distributed gaming systems
used by some of the world’s most successful online gaming operators. The Net
Entertainment casino is a complete gaming solution comprising both a complete
management platform and a full suite of high quality games. Operators are
provided a customized casino that is easily integrated ensuring short time to
market and a cost efficient operation. Net Entertainment is listed on Nasdaq
OMX Stockholm (NET-B). More information about Net Entertainment is available at
About JAXX SE
JAXX SE, listed in the Prime Standard of Deutsche Börse, is a financial holding
company with holdings in international companies in the gaming industry. JAXX
currently holds interests in companies in the UK, Spain, Austria and Malta.
JAXX SE has its headquarters in Kiel, Germany. The holding companies cover the
entire spectrum of the games and gambling industry. Depending on national
regulatory structures, they broker or market sports and horse betting,
lotteries, and casino and poker games. The JAXX Group generated total revenue
of EUR 114.5 million in 2009. The shares of JAXX SE have been traded at
Deutsche Börse since 1999 under ISIN: DE000A0JRU67. www.jaxx-se.com