NetEnt is a Swedish online casino software developer that specializes in the creation of visually impressive, revolutionary slots, and live table games in HD. With numerous awards over the years, it has been recognized by the industry as a leader in the development of cutting-edge digital entertainment and mobile gaming solutions.
Today, NetEnt has a global presence with multiple offices around the world where it employs more than 1,000 people. The company’s gaming content, available in more than 200 online casinos, is well-loved by players for delivering premium quality graphics, exciting bonus features, and fantastic stories. Its slots, in particular, are captivating the audiences with their visually attractive interface, excellent 3D effects, and huge jackpots worth millions.
NetEnt History and Overview
1Founded in 1996
Net Entertainment, as the company was originally named, was founded in Sweden back in 1996 when online gaming was still unchartered territory. It was part of Cherry AB, a large gaming and entertainment group that has been in Sweden’s land-based casino business since the 1960s. NetEnt created gaming content but it did not launch its first online casino until 2000. Soon, it started delivering its software to various casino operators.
In 2007, the small development firm from Scandinavia became independent from Cherry and was listed on the Stockholm Stock Exchange. Since then, it grew, adding new games to its portfolio and improving its software platform. The first mobile games by Net Entertainment were released in 2011, while the first Live Casino offering was launched in 2013, followed by the studio’s first game developed entirely in HTML5. In 2015, the company was renamed to NetEnt, continuing its growth – in 2019, it acquired Red Tiger Gaming in a £200 million deal.
2NetEnt’s Licenses and Regulated Markets
When NetEnt first emerged, most countries in Europe and across the world did not regulate online gambling. This changed in the 21st century and companies in this industry, including the Swedish gaming studio, had to acquire special licenses to operate. In 2005, NetEnt received a gaming license from Malta, while in 2010 it was granted a Category 2 license from Alderney.
The company was one of the first casino software providers to enter the regulated Italian market in 2011 and in Denmark in 2012. It also launched operations in Spain on the very day the local regulator granted licenses in 2015. NetEnt then expanded its operations, receiving licenses from the UK, New Jersey in the US, Romania, Portugal, and the Czech Republic. Today, it is also present in Bulgaria, Serbia, Mexico, Norway, Finland, Switzerland, Columbia, Croatia, and more.
NetEnt’s collection of games includes hundreds of titles, most of which are slots. Over the years, the studio has developed some of the most entertaining and innovative slots on the Internet, adding 3D graphics, amazing soundtracks, and tons of special features. Today, its video slots can be played on all desktop computers and mobile devices, they are available in multiple languages, and can be accessed for free or real money on the websites of over 150 online casinos.
Along with the slot games, however, the developer also offers operators a full suite of virtual table games, including roulette, blackjack, craps, and poker plus different variations of video poker. Players can also enjoy a nice selection of live dealer games through NetEnt Live. The games follow the standard rules and are hosted by professional, friendly dealers. Compared to the live options from other gaming studios, NetEnt’s live games come with fantastic graphics, no lagging, and a good overview of all tables and their betting limits.