Nektan publish encouraging trading update
News on 20 Apr 2017
News on 20 Apr 2017
A trading update from B2B mobile gaming firm, Nektan, reports continuing improved trading in its third quarter.
Key performance indicators for the three months ending 31 March 2017, include:
– Net gaming revenue of GBP 3.7 million, up 63 percent year-on-year from GBP 2.2 million.
– An increase of 147 percent in first time depositors to reach GBP 38,424 (Q3/2016: 15,568).
– Cash wagering amounted to GBP 99 million (Q3/2016: GBP 56.1 million), an increase of 77 percent.
“Nektan continues to make positive progress across our businesses in Europe and the US, powered by our proprietary core platform, Evolve, helping the Company to strengthen its position as an international gaming provider, offering solutions and services that are fresh, high quality and tangibly different from other suppliers,” Leigh Nissim, Chief Executive Officer of Nektan, commented.
