Net Entertainment (NetEnt), based in Stockholm, Sweden, is a digital casino company that provides premium gaming solutions to the internet’s most successful online casino operators. Founded in 1996, NetEnt has progressed to become one of the most sought after names in the industry. In particular, they have experienced tremendous growth in the last five years. They are a publicly listed company on the Nasdaq Stockholm Large Cap (ticker NET–B).
Since their IPO in April 2007, their share price has grown steadily despite the expansion of regulated markets. In 2011, NetEnt was one of the first casino software providers to enter the regulated Italian market. They adapted their systems to enter the regulated Denmark market in 2012 and were one of the first to enter the Spanish market in 2015 when regulators made licenses available.
At the height of the anti-gambling culture in the U.S. when the Unlawful Internet Gambling Enforcement Act of 2006 was passed, NetEnt left the U.S. market to concentrate mainly in Europe. But as U.S. online gambling regulations started easing up, NetEnt re-entered the U.S. market in 2015. Besides their home office in Sweden, they now have offices in Ukraine, Malta, Poland, Gibraltar and the USA. Licenses are held in Alderney, Belgium, Gibraltar, Malta, New Jersey, Spain and UK.
As a software provider in many locations, NetEnt ensures that all of their games are developed to the highest standards and meet the requirements that are set by regulators. The NetEnt software platform, games and random number generators are tested and certified by independent accredited test facilities (ATF) that include:
•eCOGRA – Live Casino testing and certification
•Gaming Laboratories International – Onsite security inspection
•iTech Labs – Platform and game testing and certification
•Technical Services Bureau – Platform and game testing and certification
NetEnt also undertakes annual audits to stay certified with regards to player protection, fair gaming, responsible gaming, software development and operations. The certification institutes are:
•eCOGRA – Certified Software Supplier, Certified Live Dealer
•Global Gambling Guidance Group– G4 Program, Remote Gambling Code of Practice
NetEnt software has an award winning Casino Module that provides a complete gaming solution and a powerful back office. The gaming library contains a portfolio of over 200 online casino games that are utilized by over 100 online casino operators. The gaming library contains all table games including Blackjack, Poker, Keno, Craps, Roulette, Video Poker, Baccarat and an impressive line-up of slot games. All games deliver a 95-98% payout.
Also available in the CasinoModuel is self-control and self-protection tools for responsible gambling. Included are Self-Exclusion, Play Limits, Reality Checks, Game Speed and Visible Clock tools that can help players who experience difficulties in controlling the amount of time or money they are spending on gambling.
Live Casino is also offered by NetEnt, providing a realistic live dealer casino experience. They are heavily invested in Chroma key technology which provides a seamless integration of HD images.
The powerful back office is completely web-based to provide easy accessibility from anywhere. Complete player management, marketing tools, customized tournaments, customer support, rapid response time 24/7/365 make NetEnt a leader in the online gambling industry.