NetEnt AB, originally Net Entertainment and founded in 1996 in Sweden, has evolved from Cherry, a company making traditional slot machines. Spearheaded by Pontus Lindwall, NetEnts growth was driven by the shift from physical slot machines to online gaming. By 2003, it became a profitable entity, supplying numerous online casinos, with revenues reaching EUR 149.1 million in 2016 and growing 9% by 2020. Despite its acquisition by Evolution Gaming in 2020, NetEnt continues to operate as an independent brand.
Therese Hillman (since 2018)
1996
Spinola Park, Level one Mikiel Ang. Borg Street, SPK1000, St. Julians, MT
898
$186.1 million (2023)
NetEnt Malta Ltd, NetEnt Alderney Limited, NetEnt (Gibraltar) Limited
Video slots, branded games, live casino, table games, video poker, lottery and other, mini games, pooled jackpot games
More than 200
NetEnt, recognized globally as Net Entertainment, stands at the forefront of the gaming solutions industry. There is, however, some variation in the reported revenue figures of this esteemed company, as gleaned from multiple sources. According to the data from GetLatka, NetEnts revenue reached a remarkable $186.1 million in 2023. In contrast, ZoomInfo presents a significantly higher figure, placing NetEnts revenue at an impressive $2.1 billion. Adding to the spectrum of reported revenues, Growjo estimates the annual revenue of NetEnt at $83.8 million. Another noteworthy mention is Craft.co, which reported NetEnts annual revenue as kr1.79 billion for the fiscal year 2019.
NetEnt, a leading provider of gaming solutions, has collaborated with various companies in the industry to enhance their offerings and expand their reach. Here are some of the companies NetEnt has partnered with and the purpose of their cooperation:
Some of Net Ent gaming technologies and innovations include:
Jurisdiction | License Type | License Number | Issuing Authority |
---|---|---|---|
Alderney | Category 2 Licensee | 84C2 | Alderney Gambling Control Commission (AGCC) |
Belgium | Supplier License | E140490 | Belgium Gaming Commission (Kansspelcommissie) |
Gibraltar | Operating Licence for Casino (B2B) | RGL No. 072 | Gibraltar Gambling Commissioner (GGC) |
Malta | Critical Gaming Supply Licence | MGA/B2B/109/2004 | Malta Gaming Authority (MGA) |
New Jersey | License for Casino Service Industry Enterprise | License #420-50, Vendor #88034 | New Jersey Division of Gaming Enforcement (DGE) |
Romania | Second Class License | nr.853/28.04.2016, nr.884/19.05.2016 | Oficiul Național pentru Jocuri de Noroc (ONJN) |
Spain | General License for Other Games, Singular License for Slots | GO/2014/008, MAZ/2014/022 | La Dirección General de Ordenación del Juego (DGOJ) |
UK | Remote Casino License | – | UK Gambling Commission (GC) |
Pennsylvania | Manufacturer License | 11154-1 | Pennsylvania Gambling Commission Board (PGCB) |
Aditya Bhushan: Director and managing director of NetEnt India and, more recently, group CTO
Therese Hillman: Chief Executive Officer
Spinola Park, Level one Mikiel Ang. Borg Street, SPK1000, St. Julians, MT