Net Entertainment Financials Show Massive Growth

July 24, 2014 by

Net Entertainment FinancialsWhen it comes to certain events in the online casino industry, there are things that surprise people who are familiar with the workings of the business, and there are things that do not surprise them. The fact that NetEnt has been doing so well is not surprising to almost anyone who knows about them and the work that they have done in the past few years. You can’t argue with the numbers that are seen in the most recent release of the Net Entertainment financials, and they show that their growth has been absolutely massive.

Details of the Net Entertainment Financials

These financial details have to do with the first and second quarter of 2014. If you look at the first half of the year combined, they showed a big increase in total revenues of 32.2 percent, and their total profits increased by 35.5 percent. During this period, they picked up 14 new agreements to license their software, and 15 completely new casinos were launched using Net Entertainment software. If this doesn’t show you a massive amount of growth in this industry, then you’re probably hard to impress.

During the second quarter, they picked up a number of huge deals. Full Tilt Poker signed on to offer NetEnt slots, and William Hill made a deal to offer NetEnt games in some of their land-based machines. On top of that, Bet365 started using their games as well, and they made a lot of deals to set up mobile and live dealer casino products with existing operations who didn’t have these options already.

Why Are They Doing So Well?

So how is it that Net Entertainment is showing so much growth while other major casino software companies are starting to see their growth slow down. The answer is quality. NetEnt provides the highest-quality games on a consistent basis that you can find anywhere, and none of their titles are put together just to bump up their total games numbers. That’s why everyone wants to work with them, and it’s why they’re the hottest software company going right now.

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