NET ENTERTAINMENT: NET ENTERTAINMENT SIGNS TWO NEW AGREEMENTS
(NGM: NET B)
Net Entertainment has signed agreements with Euro Gaming Ltd. and Goldbet
Sportwetten Gmhb for delivery of the award-winning CasinoModule™. This means
that Net Entertainment has signed eight new license agreements during 2007.
Euro Gaming Ltd operates one of the world’s largest online bingo sites through
“Bingos.com” / “Bingos.co.uk” as well as the casino site “Casino Joker”.
CasinoModule™ will be implemented at “CasinoJoker” during Q3 2007 and the
parties aim to complete the integration also at the groups other sites by the
end of 2007.
Dominic Mansour, CEO of Euro Gaming Ltd says: “After extensive market research,
Net Entertainment’s CasinoModule™ was the obvious choice for us. Given our size
we have very tough requirements with regards to product quality and scalability
and we feel Net Entertainment meets these in full. The agreement with Net
Entertainment will enable us to offer our customers a better gaming experience
and we expect this to result in significantly increased revenues and customer
Goldbet Sportwetten GmbH is a fast growing gaming portal and has established
itself as one of the largest operators in the Italian- and Austrian markets,
with over 15000 registered users. The addition of Net Entertainment’s
CasinoModule™ will enable “Goldwinportal.com” to develop their “VIP Casino”
offering and significantly increase their revenue streams.
Johan Öhman, CEO of Net Entertainment says: “The fact that another two European
operators choose to work with Net Entertainment further strengthens our
position as a supplier of online Casino Software and shows the competitiveness
of our offering. Our continued sales success is highly satisfactory and in
particular the advancements made within the bingo market”.
Net Entertainment develops digitally distributed gaming solutions. The core
product, CasinoModule™, is a complete gaming solution comprising a broad range
of browser based games and a powerful management system. The licensees are
provided a customized solution which through a fast and seamless integration
allows the licensees to extend their offering and thereby increase revenues.
CasinoModule™ is licensed on a revenue share basis. Net Entertainment is listed
at the Nordic Growth Market in Stockholm (NET-B). More information about Net
Entertainment is available at www.netent.com.
For additional information, please contact:
Johan Öhman, CEO, phone +46 8 556 967 05, +46 70 486 77 15