LONDON (Alliance News) - Gaming platform and content provider Netkan PLC on Friday expressed confidence in delivering further growth, citing strong momentum in its key markets of the US and Europe.
In a trading update ahead of its results for the full year to end-June, the company said its US joint venture with Spin Games LLC, Respin LLC, continued to see "considerable momentum" building in the US.
Elsewhere, it continued to see "strong and consistent month on month growth" in real money gaming in Europe across all of its key performance indicators. In particular, net gaming revenues in August surpassed the total revenues of the entire previous quarter, it said.
"The board remains confident that the company is well placed to deliver further growth and build on the momentum. I look forward to further updating shareholders by mid-October in our results for the full year ended 30 June 2015," said Executive Chairman Gary Shaw in a statement.
Nektan expects to publish its full-year results by mid-October.
Shares in Nektan were up 4.4% at 159.25 pence Friday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.
