Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
M&A activity in gaming sector hot right now LeoVegas has confirmed an agreement to purchase Intellectual Property & Software Limited as well as related assets from other brands for an amount of �65m (�73.2m/$88.8m). As part of the deal, the company will acquire assets from the European Domain Management such as, for example, Bet UK, UK Casino, Slotboss and 21.co.uk. As part of the additional deal, LeoVegas plans to acquire the assets of the marketing company Rocket 9 Ltd. The deal will be financed with cash and existing debt facilities. LeoVegas aims to complete the transaction before the first quarter of the year.
With revenues already increasing Asia is a huge market to launch into. This has take over written all over it in the next 12 months or so. WD
NEKTAN PLC ("Nektan", the "Company" or the "Group") NEKTAN LAUNCHES INTO ASIA Nektan plc (AIM: NKTN), an international B2B and white label gaming software and services provider, has successfully launched into the Asian market with its previously announced global platform deal for its Evolve Lite gaming system with Malta based gaming company, Tyche Digital Malta Limited ("Tyche"). With more than 200 Asian games and other gaming content from a number of leading suppliers, including Realistic Games, Pragmatic Play�, Booongo Gaming and Pocket Games Soft, Tyche is integrating Nektan's content aggregation platform into its Asian partner sites. Gary Shaw, Nektan CEO, said: "Our platform is now live across Europe, Asia and the US. We are seeing strong commercial traction with Tyche in its core Asian markets. We are pleased with the level of commercial engagement so far and look forward to delivering on the significant pipeline of opportunities that Tyche is developing and gradually ramping up revenue generation through 2018 and beyond." Vyacheslav Grzhybovsky, Tyche CTO, commented: "We've been delighted with the speed and efficiency of Nektan's team and platform to deliver the content and technical requirements needed to move forward and further grow in Asia. We are now delivering against a number of signed contracts with the prospect of more partner deals over the course of the year."
Betfred still working with Nektan. So the sale was perfectly amicable as business decisions go? It�s not only amicable, we�re continuing to work together for at least the next 12 months, and we�re all very pleased as to how it�s happened. We�re particularly proud that we built and sold this business in just two years, and for us this demonstrates that we can execute this type of operation to great effect, and not just provide services for Betfred.
https://www.sbcnews.co.uk/igaming/2018/02/01/leovegas-upgrades-listing-nasdaq-stockholm-main-market/ Well theres 2 very big players in the market looking for acquisitions and both cashed up to the ilt - Playtech and LeoVegas. With Nektan eating away at some good business with Red Tiger - no reason why NKTN wont be a potential target in my opinion No advice intended, do your own research.
March 01, 2018 02:01 ET | Source: LeoVegas AB multilang-release On 12 January 2018 LeoVegas announced its acquisition of the assets of Intellectual Property & Software Limited ("IPS") and related assets from two other companies with top brands such as 21.co.uk, Slotboss, BetUK and UKCasino. The collective name for these is now Rocket X. The acquisition is being made for a purchase price of GBP 65 m. LeoVegas hereby announces that all of the conditions have been met and that the acquisition was completed today. The acquisition will further strengthen LeoVegas' presence in the UK and its position as the leading mobile gaming group. Since its start LeoVegas has pursued a global brand strategy that is very successful. In larger markets the Group's two global brands, LeoVegas and Royal Panda, can be complemented with a local, multibrand strategy. The UK is such a large and mature market that it warrants working with several brands that attract various types of customers. Rocket X has a strategy that focuses on digital and data-driven customer acquisition and thereby has one of the market's most effective customer acquisition models. For more information about the acquisition, see the press release from 12 January 2018 and LeoVegas' interim report for the fourth quarter of 2017, which was published on 7 February 2018. The press release and the report are available at www.leovegasgroup.com.
where these pathetic sells come from every day
not noticing the macro enviroment for gaming. for now.
£65milliin buyout of rival confirmed.
Someone bought some Nektan!
Year ended 30 June 2017 Total revenue (�'000) 13,250 �13,250,000 revenue for 12 months to 30 June 2017. Could hit �18-20mill revenue for 30 June 2018 as first 2 quarters already very strong and theres more business been picked up in Nov/Dec 17. On �20mill revenue, NKTN could actually come close to break even possibly in my opinion, NAI, DYOR.
Nektan links up with Tyche Digital Malta 24 October 2017 Nektan has signed its first global platform deal for the Evolve Lite gaming system with Tyche Digital Malta. Under the agreement, Malta-based gaming company Tyche will integrate the Nektan games aggregation platform into its global markets. Tyche will have access to content from a number of Nektan games partners, such as Realistic Games and PG Soft. �Our platform has been built to be applied quickly with no dependence on geographic location, which was a primary driver in Tyche's decision to partner with us,� Nektan interim chief executive Gary Shaw said. �We anticipate significant growth potential in these new markets with new revenue flows expected to commence before the end of this calendar year.� Vyacheslav Grzhybovsky chief technology officer at Tyche, added: �Our decision to work with Nektan was determined by the Evolve platform which allows for quick integration into existing operators who require high quality content. �Nektan has both the platform and the content, but the determining factor was its speed of delivery and integration, something which sets Nektan apart from the majority of current gaming platforms.�
Will be interesting to see if NKTN try to do something even bigger with RT, now that RTs got William Hill and Coral Red Tiger Gaming has announced a new partnership with William Hill, who in turn have become the first Gibraltar licensed operator to have have access to its full suite of products. Under the terms of the deal, Red Tiger�s online casino games portfolio and player management software are to be integrated.WIlliam Hill Vegas is the first platform to feature the games, with customers now able to compete for daily jackpots built onto the Red Tiger platform.Hills Games tab is to have the games available soon, while the company�s Asian themed games are to exclusively populate the Macau tab. Graeme Powrie, Gaming Commercial Director at William Hill, said: �Going live with Red Tiger is very exciting for us. This partnership proves that we are dedicated to offering William Hill customers the very best gaming experience possible.�Red Tiger, who plan to launch in excess of 100 games over the course of the next three years, have provided leading titles such as Arcade Bomb, Lucky Wizard and Totem Lightning. In addition William Hill is to also benefit from the casino game developers progressive jackpot software and smart spins marketing tool, which will take a variety of bonus mechanics and targeting options and seamlessly delivery promotions via an in-game dialogue module. Gavin Hamilton, Managing Director at Red Tiger Gaming, said: �We are delighted to have become such a significant partner to William Hill. �We are very excited to provide them with our games and casino platform as they enter a new era of product excellence. Given NKTN is providing the games to Red Tiger, NKTNs got be making bucks now.
The portfolio and roadmap of Nektan include over 100 HTML5 game titles from various vendors. These include the popular Blueprint Gaming, RED TIGER, Realistic, and more. The categories vary from Slots, Jackpots, Keno, and Video Poker. Red Tiger Gaming has rolled out its collection of online casino games with the Ladbrokes-Coral Group. Under the deal, Red Tiger content will now be available via the Ladbrokes, Coral and Gala Casino brands. The arrangement will be extended to Gala Bingo later in the year, with additional games to launch in the coming months. Ladbrokes Coral will also take on Red Tiger�s �Smart Spins� bonusing platform, as well as the company�s daily and ceiling jackpots. �We are committed to offering players across all our brands the most exciting and entertaining games on the market, and Red Tiger certainly meet that criteria with its wide range of slots,� Ladbrokes-Coral director of gaming content, Rich Barr, said. Gavin Hamilton, managing director of Red Tiger, added: �Our games are proven to boost player retention and we�re launching superb new titles every month. �Along with our exciting jackpots proposition and Smart Spins bonusing, they take the player experience to the next level; they will undoubtedly bolster Ladbrokes-Coral�s leading position in the market.�
MMs playing games here
ShareCast News) - Respin, a wholly-owned subsidiary of Nektan, has reached an agreement with Seven Feathers Casino Resort in Oregon. The AIM-traded company said as part of the deal, the 'Evolve' in-venue platform would be integrated to SUZOHAPP's 'Interactive Pro Table', allowing guests to enjoy video slots, bingo and poker games, as well as free-to-play content at the bars and restaurants of the resort. Rapid Games, the brand name for Respin, is the creator of the first and only approved Class II and III in-venue mobile platform, which previously went live with a tribal casino in California. "We are thrilled with this latest contract win for Rapid games as our first customer in Oregon extending the states in which we will operate," said Nektan's interim CEO Gary Shaw. WIn addition, the SUZOHAPP table integration shows the flexibility of the Evolve system and its omni-channel capability linking mobile to cabinets and other existing casino infrastructure."
A �50 million gambling technology company with a noteworthy backer made a solid debut on AIM yesterday. Nektan, described by one analyst as �a mobile equivalent of Playtech�, raised a touch more than �4 million by selling shares to investors through Panmure Gordon, its broker, at 236p, the price at which they closed after a first day of trading. Run a finger down the share register and Disruptive Tech Limited is there with 13 per cent. DTL, whose chairman is Nigel Robertson, the founder of Scoot.com and the biggest early stage investor in Asos, founded by his younger brother Nick, also holds options over further Nektan shares. If exercised, DTL would own about 21 per cent of the Gibraltar-based company. now only �10mill mcap, shit old CEO GONE, 32red �160mill mcap.
only he can grow the business as he started it, Seeking to boost its CRM and player management capabilities, London AIM-listed mobile gambling supplier Nektan Plc has partnered with �machine learning� customer insights firm Newlette. Implementing machine learning processes, Newlette models player behaviour, presenting the optimum offers and bonuses, based on individual playing styles, to increase engagement and reduce bonus costs. Nektan�s marketing and retention teams will gain a number of new player insights with regards to promotions, engagement and interactions through Newlette systems. Gary Shaw, CEO of Nektan, said: �In a fiercely competitive market, providers must ensure their platform is highly data-driven for it to succeed.� �The implementation of these new services will offer our white labels an increased player lifetime value, lower costs and better analytics to drive improved acquisition.� Nektan has also introduced enhanced business intelligence reporting tools to produce detailed behaviour analytics, which will also be made available to its network partners, allowing them to analyse their own data. Dr Gary Katzman, chief operating officer of Newlette, said: �We look forward to helping Nektan and its partners enhance player management through the implementation of sophisticated CRM tools. �Newlette lives by the mantra: �We provide clients with the right offer, at the right time, every time�. We are in the entertainment game, so let�s entertain our clients.�
SO basically they are now supplied by Red Tiger Gaming and Nektan is syupplying Red Tiger Should be strong interims.
It is the lonely shares that make the big returns, and this used to be over �2. Furthermore 32red ended with a market cap of �165million. we are only �10mill right now. anything can happen of course. Do your own research and let me know what you find. What will be important is I think next quarter. These guys are having very fast quarterly growth now.
given Playtechs statement this morning about the M&A
i guess Nektan would be in the picture as a playtech target
playtech this morning confirms M&A activity with bolt on gaming sector!
Hi draft -seems you are a bit lonely on here. Share is not traded very often is it. I had heard about Nektan a month or so ago but have now been alerted to the share being near to support by a market screener. Looking at the RNS history and your posts, this looks like an overlooked share. What are your current thoughts on its prospects?