11 Jun 2015 07:00
11 June 2015
Nektan plc
("Nektan", the "Company" or the "Group")
Granted UK Gaming Licence Approval
Nektan plc (AIM: NKTN), the leading international B2B gaming platform and content provider, is pleased to announce that it has successfully received approval for both a software and a gaming licence for the UK market from the UK Gambling Commission. Since the new regulation was introduced in the UK in late 2014, Nektan had been operating under a Gibraltar continuation licence for UK facing gaming services.
David Gosen, Nektan's Chief Executive Officer, said:
"We are pleased to have received approval for both a software and gaming licence, which allows Nektan to operate our platform for our partners under a local licence in the UK market. The UK is the largest gaming market in Europe and remains a key focus for our continued growth."
Nektan David Gosen, Chief Executive Officer
| via Newgate below
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Panmure Gordon (Nominated Adviser & Broker) Andrew Godber Charles Leigh-Pemberton
| Tel: +44 (0)20 7886 2500
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Newgate (PR Adviser) James Benjamin Andre Hamlyn Ed Treadwell
| Tel: +44 (0)20 7680 6550 Em: nektan@newgatecomms.com |
For further information on the Company, please contact:
Further information on Nektan can be found on the Company's website at www.nektan.com
About Nektan:
Nektan is the leading international B2B mobile gaming content developer and platform provider. The Company designs, builds and operates mobile games in the regulated, interactive real money gaming ("RMG") and freemium gaming space, delivering original and innovative content to large commercial organisations that have established online audiences.
Nektan's full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus solely on marketing the product to their consumers. In 2015, Nektan has announced a number of major white label gaming partnerships to date, including:
· A partnership with News UK to create and operate Sun Play, an innovative new gaming product for The Sun newspaper in the UK
· A real money gaming agreement with established casino brand 'Kerching'
· A partnership with Channel 4 to launch a freemium bingo game branded with the popular award-winning television programme 'Come Dine With Me'
· An agreement with Independent News & Media to develop and operate a multi-platform real money casino in Ireland
· An agreement with TV3 to develop and operate a multi-platform real money casino in Ireland
Nektan also operates a joint venture, Respin LLC, with Spin Games LLC that provides US land-based casinos with in-venue mobile technology and an innovative way of increasing revenue from end-of-life cabinets whilst providing players new and innovative content to play which includes functionality on mobile devices. Eighteen land-based casinos have currently contracted or signed letters of intent for delivery of in-venue mobile enabled gaming during 2015.
Nektan is regulated by the Gibraltar Licensing Authority and the UK Gambling Commission and has offices in Gibraltar, London and Las Vegas.