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NetEnt proud AllBright finalist for the third year running

Finalists gathered earlier this week for the annual AllBright Award, which was awarded to the publicly listed company on the Stockholm Stock Exchange that had best achieved equality within their organization. NetEnt was the only large cap company that reached the finals and is the only company that has qualified as a finalist for three years in a row.

Per Eriksson, CEO of NetEnt says, “We are proud and pleased to be recognized for such an important issue. We have been working strategically for several years with our goal of achieving a 50/50 balance of men and women throughout the organization by year 2020. The AllBright nomination is proof that our work is producing results. Our diversity work is an important part of our culture and a must for us to attract the right skills and to continue our growth journey. But we are not going to lean back and be satisfied now, we still have work left before we reach our goal.

To say that the gaming industry is male-dominated is an understatement. On the other hand, it can be noted that NetEnt, the tech company that ranks highest on the AllBright list, stands out from the crowd with its 38% female employees. Over the years, NetEnt has strategically worked with gender equality, and one can see the biggest improvement in balance among its managers. Today, NetEnt has a 50/50 balanced senior management team and 36% of its female employees in management positions.

NetEnt believes that gender equality and diversity are the key factors for continued success and for maintaining a strong innovation culture. “My experience is that diverse groups perform and work better together. Reaching 50/50 by 2020 is a long-term strategy that is important for achieving our overall growth and goals” Per Eriksson concludes. 

This year’s winner is Humana. For more information about the finalists and the AllBright prize: www.allbright.se/nyheter

For additional information please contact:
press@netent.com


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NetEnt hosts Guy Talk dinner on diversity in the tech industry

With the aim of having more men take an initiative in diversity, inclusion
and societal norms, the first ever Guy Talk dinner (#killmiddag) took
place Wednesday evening at the NetEnt office in Stockholm.

The moderated dinner centered on men’s role in the tech industry, men’s mental and
physical health, male norms, group pressure, friendship, and gender identity.

The evening produced lively discussions and a list of practical actions that could be
taken by men at NetEnt to ensure a more diverse and inclusive working environment
for all. Examples of the actions were:

  • Becoming ambassadors for diversity in the office by speaking up for respect,
  • diversity and inclusion at work and by sharing their experience from the dinner with
  • colleagues.
  • Addressing bad behavior.
  • As a manager, creating a working environment where norms don’t limit anyone’s ability to reach their full potential.

NetEnt is known for its dedication towards gender balance, as the company is
working strategically with a clear goal of reaching a 50/50 gender balance in the
entire organization by 2020. The Guy Talk dinner highlights the importance of
making sure that diversity in all aspects are ingrained in the company’s business
processes and of more men focusing on diversity.

The NetEnt Guy Talk dinner was based on the Swedish #killmiddag movement
started by Ida Östensson, founder of Make Equal as a forum for men to actively take
part in the push for equality.

For further information, please contact:
press@netent.com

For further information on #killmiddag, please visit:
www.killmiddag.se

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s
most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving
the market with thrilling games powered by their cutting-edge platform. With innovation at its core, NetEnt is
committed to helping customers stay ahead of the competition. NetEnt is listed on Nasdaq Stockholm (NET-B),
employs 900 people and has offices in Stockholm, Malta, Kiev, Gothenburg, New Jersey, Krakow and Gibraltar.
www.netent.com

 

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NetEnt launches Finn and the Swirly Spin™ slot, featuring first-of-its-kind spiral spin mechanic inspired by social gaming

NetEnt, the leading provider of digital gaming solutions, has unveiled its latest ground-breaking innovation-packed slot game, Finn and the Swirly Spin™ – a mobile-first title featuring unique spiral reels and never-before-seen built-in gamification.

The first-of-its kind spin function, which takes inspiration from mobile social gaming, follows lovable leprechaun Finn and his magical key symbol.

The key makes its way from the outside corner on the swirly spin, with wins clearing the path as it moves to the middle in a bid to unlock free spins for Finn as he travels on his fun adventures.

Once the key has reached the middle, the Irish-themed Finn and the Swirly Spin™ transports players on an exciting journey through the Emerald Isle to one of the free spin-filled new worlds; Lucky Mug, Lava Lair, Starbar and Golden Pot.

Thanks to its unique in-game gamification features, players can visit all four lucky levels by collecting a key for each, earning one every time they the reach the middle of the swirly spin, with a light-up key meter helping them track their progress.

Players are sure to enjoy their Emerald Isle adventures with Finn the mischievous leprechaun, as aptly themed symbols, including horseshoes and four-leaf clovers, rain down in perfect synchronisation with the game’s complimenting soundtrack.

Watch a demo of Finn and the Swirly Spin.

Henrik Fagerlund, chief product officer at NetEnt, said: “This is really a special production from NetEnt. The game is a visual masterclass from our designers and its new features, which include the brilliant unique spiral spin function, add a fun and never before seen element that will leave players thrilled to have met Finn.

NetEnt has certainly cranked up the excitement factor and Finn and the Swirly Spin™ has received the most positive feedback we have ever seen from game testing and we can’t wait for players to play themselves – we are sure they will love the game as much as we do as they travel the Emerald Isle.”

For additional information please contact:

press@netent.com

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NetEnt gives players chance to get closer to the action with its latest live casino game – Mobile Standard Blackjack

From today NetEnt, the leading provider of digital gaming solutions, offers players a more immersive mobile experience as the company introduces its latest addition to the live casino portfolio with Mobile Standard Blackjack, a mobile-first version of the table classic.

With HTML5 gameplay and unique touch point table setup, NetEnt Live Mobile Standard Blackjack immerses players into the heart of the casino environment – from the palm of their hand. 

Thanks to the table’s close angle design, players are closer to the dealer and the action than ever before. Their chips are simulated on the table, while upgraded streaming facilities ensure all the action is captured in the highest visual quality.  

Delivering a more tactile feel with its re-designed betting flows, players will also be able to see all bets and actions, while new features such as pre-decision and sidebets help to ensure it’s the most immersive blackjack experience to date.

Henrik Fagerlund, Chief Product Officer at NetEnt, said: “We are now extending our mobile live casino portfolio and are very excited with the results. Our mission is to develop the player’s favorite mobile live casino, together with our customers.

“Our team has designed the game based on insights from real players, their needs and demands. Players can now enjoy this game like ever before and we’re sure that with our custom-built and optimised features, Mobile Standard Blackjack will be a successful addition to our customer’s live casino offerings with unique opportunities to strengthen every customer’s exclusive brand.”

View demo of NetEnt Live Mobile Standard Blackjack

For additional information please contact:
press@netent.com

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Free Round Widget added to NetEnt Engage™ portfolio to boost casino performance

NetEnt, leading provider of digital gaming solutions, continues to underline its pioneer status with the launch of Free Round Widget, a totally new way of rewarding players with free spins, in a fun, innovative and exciting way. The tool will help casino operators increase player engagement and build loyalty.  

widget starburst

NetEnt Engage™ opens the doors to a whole new world of in-game entertainment, where features and functionalities are triggered by players and controlled by casino operators. The innovative suite of tools allows operators to offer an all-encompassing player experience that’s exclusively tailored and more exciting than ever before.

Bringing Free Round Widget to the NetEnt Engage™ portfolio heralds a unique way off helping casinos market games, while letting players take a spin at the lucky wheel and win free rounds. An easy-to-use mechanism allows an operator to control the widget configurations and determine outcomes and rewards.

Free Round Widget is fully customisable, with NetEnt customers able to tailor the feature by adding their own branding and messaging, making each one unique. The product will be introduced to all NetEnt games, markets and customers that support free rounds.

Henrik Fagerlund, interim Chief Product Officer of NetEnt, says: “Free Round Widget is a great addition to NetEnt Engage™, which is packed full of performance-boosting products and features, and another example of how NetEnt is committed to driving the online casino market forward through better gaming solutions. We understand the huge value in placing player engagement at the fore and are constantly working on innovative and exciting ways to facilitate this.” 

View demo of Free Round Widget

For additional information please contact:

Henrik Fagerlund, Chief Product Officer NetEnt, Phone +46 8 578 54 500
press@netent.com

Anna Romboli, Chief Communications Officer NetEnt, Phone +46 8 578 54 500
anna.romboli@netent.com

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NetEnt games live in Czechia with Tipsport

NetEnt, leading provider of digital casino solutions, has launched its award-winning games on the regulated market in Czechia with Tipsport, the leading sports betting company in the country.

NetEnt is the online casino supplier with the largest presence on regulated markets globally in terms of number of licenses and certifications. Following a successful integration process, NetEnt‘s popular games are now also available on the regulated market in Czechia. A selection of NetEnt’s games have been launched with Tipsport, the leading sports betting operator on the market.

Enrico Bradamante, MD of NetEnt Malta Ltd, commented: ”We continue to deliver on our strategy to expand on regulated markets globally and we are excited about entering Czechia. I am confident that our games will be well received by Czech players and that we can support Tipsport in driving online casino growth.”

Jakob Lorentzon, Online Casino Director at Tipsport, said: “Tipsport, as the market leader, always prefers to work with established, trusted companies to deliver the best solutions and offer highest quality product to our customers. This is why we chose to partner with NetEnt.”

For additional information please contact:
Enrico Bradamante, MD of NetEnt Malta Ltd
Phone: +356 79 676 868
enrico.bradamante@netent.com

Roland Glasfors, Investor Relations, NetEnt AB (publ)
Phone +46 760 024 863
roland.glasfors@netent.com

This information is information that NetEnt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 11:00 CET on November 6th, 2017.

About NetEnt
NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on NASDAQ Stockholm (NET–B) and employs more than 900 people in Stockholm, Malta, Kiev, Krakow, Gothenburg, Gibraltar and New Jersey. www.netent.com

About Tipsport
Tipsport a leader in the Czech market of sports betting. Established in 1991 as a regional company with one branch only, Tipsport quickly became an international holding company and the major bookmaker in the Central and East Europe. 3,000 employees working for Tipsport and Chance brands in the Czech Republic, and Tipsport brand in Slovakia. With the overwhelming majority of bets being placed online, the company’s main focus is technology. Thanks to its unique, in-house solution, Tipsport is No.1 sports betting operator in the Czech Republic and one of the major players in the sports betting industry in Europe.

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AGM 2018

The Annual General Meeting for the financial year from 1 January to 31 December 2017 will be held on Wednesday 25 April 2018 in Stockholm, Sweden.

Shareholders are entitled to have a matter dealt with at the annual general meeting provided that the board of directors has received the request no later than 7 March 2018. For practical reasons, the company encourages that the request is sent so to be received by the company no later than 1 February 2018. Shareholders can submit proposals to the nominating committee at: Nominating Committee, NetEnt AB, Vasagatan 16, SE-111 20 Stockholm, Sweden or to nomination@netent.com.

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Interim Report Q3 2017 – Presentation

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Interim report January – September 2017

Quote from Per Eriksson, President and CEO

– ”The third quarter was another solid quarter for NetEnt. Revenues increased by 12 percent and the operating margin was significantly better than in the third quarter of last year. Mobile games and regulated markets such as the UK, Italy and Spain contributed the most to our growth.”

Third quarter 2017

  • Revenues for the third quarter increased by 12.3% to SEK 401 (357) million
  • Operating profit amounted to SEK 156 (129) million, an increase of 20.5%
  • Operating margin was 38.9 (36.2)%
  • Profit after tax amounted to SEK 142 (119) million, an increase of 19.4%
  • Earnings per share amounted to SEK 0.59 (0.50) before and after dilution
  • 8 new customer agreements were signed and 10 new customers’ casinos were launched

First nine months 2017

  • Revenues for the first nine months increased by 14.3% to SEK 1,206 (1,055) million
  • Operating profit amounted to SEK 437 (380) million, an increase of 15.0%
  • Operating margin was 36.3 (36.0)%
  • Profit after tax amounted to SEK 400 (355) million, an increase of 12.9%
  • Earnings per share amounted to SEK 1.67 (1.48) before and after dilution
  • 29 new customer agreements were signed and 24 new customers’ casinos were launched

Important events in the third quarter

  • Retail deal signed with Eurogames in Italy for land-based gaming machines
  • Live Rewards launched for Live Casino
  • New game functionality was introduced as part of NetEnt Engage™
  • Free-round functionality was launched with first customer in New Jersey

Comments by Per Eriksson, President and CEO:

Continued growth and higher profitability

The third quarter was another solid quarter for NetEnt. Revenues increased by 12 percent and operating profit rose by 20 percent compared to the same quarter of last year. The operating margin was significantly better than in the third quarter of last year, thanks to growing revenues and economies of scale in the business. Mobile games continued to be an important growth factor and accounted for 52 percent of total revenues in the quarter. Our systems managed 10.2 billion gaming transactions during the quarter, representing an increase of 18 percent compared to the corresponding period of last year. The royalty level for our products remained unchanged. We signed agreements with eight new customers and launched ten new customers’ casinos.

Making our offering more attractive

We launched three new games during the quarter – Wolf Cub, Emoji Planet and Legend of Shangri-La. In the last quarter of the year, we are releasing some new thrilling games such as Planet of the Apes and Finn and the Swirly Spin, the latter of which has been developed to provide the ultimate mobile gaming experience. We also unveiled new free-round functionality as part of NetEnt Engage™, to support our customers in boosting player activity and loyalty.
Live Casino is showing solid growth, especially the mobile product, which has been very well received by our customers. In the third quarter, we continued to roll out Live Rewards, which is an innovative set of bonus functions that make our games more thrilling for players and operators. We have also expanded our Live studio in Malta and going forward, we will be offering more exclusive tables to our customers. In the fourth quarter we are making our Live Casino offering more complete by launching Standard Black Jack for mobile, which has been on our customers’ wish list for some time.
We are developing our professional services business and in October, we launched a new digital ad buying service for gaming operators together with our partner Ve Global, so called programmatic marketing. Competition is toughening among operators and we are convinced that our customers need to use gaming data in a better way to be able to optimize their marketing spend. Looking ahead, we will continue to develop new services that support our customers to drive growth.

Strong growth outside of the Nordics

Great Britain and Italy contributed the most to our growth in the quarter, but strong growth was also seen in other regulated markets such as Spain and Denmark. We continue to grow fast in New Jersey and in the third quarter, we introduced free-round functionality with the first customer there. However, developments in Pennsylvania have been disappointing, with persistent delays in the political process, but after yesterday’s news it is highly likely that a new gaming legislation will be implemented shortly. The potential tax income from regulated gaming offers an important source of future funding for many US states and longer-term, we continue to see great potential in the US when other states follow New Jersey to re-regulate online casino. We also see interesting future opportunities in Latin America, and in early October we signed our second customer agreement for the regulated market in Mexico, with Caliente, which is one of the leading operators in that market.

Future outlook

The future outlook remains bright and for the remainder of 2017, we see conditions for continued solid growth supported by new games, increasing market shares in the UK, mobile growth, many new customers to launch and our expansion in North America. We continue to hire more employees and develop our platform. We strengthen the organization to increase our output capacity, enter more regulated markets and integrate many new customers. With this in mind, we foresee an ongoing need to invest during the rest of 2017. We do this to enable continued solid growth with increasing economies of scale for NetEnt going forward.

Presentation of earnings report

On Friday, October 27, 2017, at 10.30 a.m. the interim report will be presented by CEO Per Eriksson live via webcast. The presentation can be followed in real-time, the link to the webcast is https://tv.streamfabriken.com/netent-q3-2017

For additional information please contact:

Per Eriksson
President and CEO
Phone: +46 8 5785 4500
per.eriksson@netent.com

This information is information that NetEnt AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 7:30 CET on October 27, 2017.

About NetEnt

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by a cutting-edge platform. NetEnt is committed to helping customers stay ahead of the competition, is listed on Nasdaq Stockholm (NET–B) and employs more than 900 people in Stockholm, Malta, Gothenburg, Gibraltar, Kiev, Krakow and New Jersey. For more information, please visit www.netent.com.

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NetEnt demonstrates its premium trademark with the release of Planet of the Apes video slot game

NetEnt unveils its latest blockbuster game, Planet of the Apes, in association with 20th Century Fox Consumer Products. 

Planet of the Apes is a hugely popular film series spanning over generations for the last 50 years and NetEnt is thrilled to incorporate the recent films, Rise of the Planet of the Apes, and Dawn of the Planet of the Apes, into its latest blockbuster video slot release.

The action-packed Planet of the Apes game features both Rise and Dawn play areas, with 5-reels, 3-rows and 20-lines; thus allowing players to experience both films within the game while immersing themselves in the ape world.

Throughout the game, players can earn Rise and Dawn Free Spins, Scatter symbols, Wild substitutions and a Stacked Wild feature. With its Dual feature, the game combines elements from the two movies with the excitement of slot game play to deliver a truly unique Planet of the Apes experience.

Simon Hammon, Chief Product Officer of NetEnt, said: “Planet of the Apes is one of the most popular film franchises ever created and we are confident players around the globe will find our latest title just as immersive and exciting as the films.

“The value for an operator with this 50-year series of films is the loyal audience that spans over generations — meaning it has the potential to attract a broad range of players.”

“The quality of this latest edition adds a new dimension to casino gaming and further strengthens our award-winning portfolio.”

The game studio has worked on the title for months and the industry’s top experts have been involved in its creation. We can’t wait to deliver the ultimate entertainment experience as players discover Planet of the Apes.”

For additional information please contact:
Simon Hammon, Chief Product Officer, NetEnt, Phone +356 21 311 621
simon.hammon@netent.com

Anna Romboli, Chief Communication Officer, NetEnt, Phone +46 8 578 54 500
anna.romboli@netent.com

NetEnt AB (publ) is a leading digital entertainment company, providing premium gaming solutions to the world’s most successful online casino operators. Since its inception in 1996, NetEnt has been a true pioneer in driving the market with thrilling games powered by their cutting-edge platform. With innovation at its core, NetEnt is committed to helping customers stay ahead of the competition. NetEnt is listed on Nasdaq Stockholm (NET-B), employs 900 people and has offices in Stockholm, Malta, Kiev, Gothenburg, New Jersey, Krakow and Gibraltar. www.netent.com 

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