Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Tuesday, 7th August 2018 – Nektan PLC (AIM: NKTN), the leading international B2B gaming solutions and services provider, has expanded its suite of games with the addition of content from award-winning slot developer Yggdrasil.
Yggdrasil´s complete collection of games, including its latest releases Tut´s Twister and Penguin City, are now available on all global casino sites operated by Nektan.
The latest agreement greatly increases the variety of games that Nektan offers to its operator partners, supplementing the best-of-breed third-party providers it has at its disposal.
Michael Byrne, Chief Operating Officer of B2C at Nektan, said: “We’re delighted to have partnered with Yggdrasil, one of the industry’s leading providers of highly-engaging slot games.
“Being able to offer an abundant variety of games on our platform is an attractive proposition for members of our casino network. Wherever you are in the world, players are always after a rich gaming experience and Yggdrasil is renowned for being able to offer just that.”
Fredrik Elmqvist, CEO at Yggdrasil, said: “This is a great partnership for us and gives us the opportunity to fast track our expansion.
“The integration process with Nektan was quick, seamless and efficient. We look forward to an exciting and fruitful partnership with Nektan.”
Hope these guys arent planning a dodgy raise
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US opportunities are also on the mind of Nektan, a UK-based betting technology supplier to bookmakers focused on casino-style games.
In the six months to end-December, revenues were £8.8m, up 17 per cent compared with the same period a year earlier. However, the company has been unprofitable over the past year as the group has reinvested in the business.
It is betting on future growth in the US. A week after the Supreme Court ruling, Nektan announced a deal with Las Vegas-based Metric Gaming to provide betting services for the US market on horseracing and sports betting.
At the time, Gary Shaw, Nektan’s interim chief executive officer, said the court’s decision “creates a large opportunity for both companies working in partnership”.
Yet, investors appear to be waiting to see if the company’s promises that expansion will help the business move into “sustainable profitable growth” will come to fruition. Nektan’s shares have hovered around 21p over the past six months.
they will regret it , this is a joke and it is not funny .
Somebody happy to pay over ask.
share will spike again.
this share always doee this. nothing new
I did the same. It's a shame because I like the company but it's just far too volatile. You could trade it I suppose? 20p my buy in target
glad i'm out of it on the last spike as it looks like mms' plaything. can't trust any share where the spread fluctuates between 10 - 20%
gla... and get out on the next good news.
18p to sell now ,why?
bloody ridiculous situation where the spread is announced as a rise and yet noone's buying... in fact, just one sell.
travesty of manipulation... was hoping to trade this but the numbers are just nonsense.
gl... whoever's still here.
yes you are not wrong, 10% down today , on what ?
wow pip rerated from 3p to 10p. shows what can happen. this means Nektan can easily get to £1 in my opinion. very little free float
whats going on. doesnt usually rise slowly on no news. rerate starting??
if you had traded this would have made 300% profit by now. more news imminent as per proactive interview. problem is can this genuinely be allowed to rerate like Gan and Webis.
https://twitter.com/NEKTANPLC/status/1014406971582230528?s=09 10.9% growth in net gaming revenue in Q4 v Q3 and full year 48.1% increase on previous year. The growth from this company and there ability to seek out new opportunities is impressive, surprised the SP still remaining so low
loads of buying.
We're finally getting exposure
NEKTAN ANNOUNCES PARTNERSHIP WITH METRIC GAMING TO PROVIDE SPORTS BETTING CONTENT IN THE US Nektan plc (AIM: NKTN), an international B2B and white label gaming software and services provider, announces that it has signed a partnership deal with Metric Gaming ("Metric"), one of the most compelling and dynamic independent sports betting suppliers in the world, to provide Metric's betting content to the US market. Through their respective U.S. operating subsidiaries, Metric Gaming LLC and Respin LLC ("Respin"), Metric and Nektan will be offering high quality horse racing and sports betting services via Respin's Rapid Games™ platform, the US casino gaming industry's only independently certified Class II (Protected Tribal Gaming Category) and Class III On-Premises Bring Your Own Device ("BYOD") mobile platform. Last year, Rapid Games announced its first major contract with a Tier-1 US casino operator to launch its Rapid Games™. Gary Shaw, Interim Chief Executive Officer of Nektan said: "With last week's Supreme Court decision, the combination of Metric's leading sports and race products, and Nektan's Rapid Games Mobile Casino, creates a large opportunity for both companies working in partnership. The sector will look to a combination of sports and casino and having a partner combining both will create additional opportunities for both companies."
could be a sizeable acquisition??
from the US supreme court ruling. NEKTAN ANNOUNCES PARTNERSHIP WITH METRIC GAMING TO PROVIDE SPORTS BETTING CONTENT IN THE US Nektan plc (AIM: NKTN), an international B2B and white label gaming software and services provider, announces that it has signed a partnership deal with Metric Gaming ("Metric"), one of the most compelling and dynamic independent sports betting suppliers in the world, to provide Metric's betting content to the US market. Through their respective U.S. operating subsidiaries, Metric Gaming LLC and Respin LLC ("Respin"), Metric and Nektan will be offering high quality horse racing and sports betting services via Respin's Rapid Games™ platform, the US casino gaming industry's only independently certified Class II (Protected Tribal Gaming Category) and Class III On-Premises Bring Your Own Device ("BYOD") mobile platform. Last year, Rapid Games announced its first major contract with a Tier-1 US casino operator to launch its Rapid Games™. Gary Shaw, Interim Chief Executive Officer of Nektan said: "With last week's Supreme Court decision, the combination of Metric's leading sports and race products, and Nektan's Rapid Games Mobile Casino, creates a large opportunity for both companies working in partnership. The sector will look to a combination of sports and casino and having a partner combining both will create additional opportunities for both companies."
meant the gambling market... not trading.
Agreed. Need to remember its drop is just as fast as it's rise. Could go either way
What is NKTN got to do with USA market ?
not sure whether to take the profit and buy back in later in the week...
either way, gla.