NETENT FORESEES EUROPEAN GROWTH WITH CODERE AGREEMENT AND UK LICENCE

Published on April 9, 2015 in Industry News

NetEntThe leadership of Net Entertainment are once again proving that their growth and development strategies for Europe are 100% on the money! NetEnt recently revealed two amazing new business developments for the company further boosting what has started out as a very successful year for them.

NetEnt has extended their reach into the popular Spanish online casino market through an agreement with market leader Codere. Under the new agreement NetEnt will be providing Codere casino players with access to their award-winning online slots and amongst other casino games.

This is an exciting new development for Spanish players as NetEnt is expecting to have their licence approved shortly, and to be supporting players in Spain within the year. The second revelation was that NetEnt casinos will no longer trading on a temporary licence in the United Kingdom. 

Since the introduction of UK gambling legislation late in 2014 by the UK Gambling Commission NetEnt has been awaiting approval for their licence petition. Given the size and value of the UK market in terms of the European online casino community the approval of this licence is a major coupe. 

 “This is a milestone for NetEnt and we are very pleased to have been approved for UK licenses by the UK Gambling Commission.” Said Per Eriksson, president and chief executive officer of Net Entertainment.

With their agreement with Codere and the reach this gives them in Spain, combined with the newly acquired UK licence 2015 is truly the year we are seeing NetEnt coming into their own as European market giant.