Two major industry entities are expanding in the Canadian gaming Market. NetEnt and Red Tiger have announced major plans to grow their operator base. The premium iGaming solutions and casino software provider and the company’s slots specialist, Red Tiger, are ser to provide more high-quality content to enthusiasts.
NetEnt is behind some of the most popular online slots around the world with top titles like Jack and the Beanstalk, Starburst, Dracula, and Twin Spin. Red Tiger is an acclaimed and award-winner slot developer and the creative force responsible for Treasure Mine, Piggy Riches Megaways, and Dragons Luck Stacks, among others.
On an historical note, Red Tiger was acquired by NetEnt in Q3 of last year in a deal worth US$287 million. It was a good deal given that the company is not only sports a portfolio laden with amazing online slot titles, but it’s also behind several fully integrated engagement and player-retention tools, among them Smart Spins gamification.
Red Tiger additionally offers superb range of online slot tournaments, jackpots boosted by “must drop” bonus features, and hourly as well as daily bonus evens. The acquisition was a perfect match for NetEnt.
NetEnt has recently engaged in other important partnership deals in the U.S, including one with BetMGM, a Pennsylvania-focused deal with Wind Creek Casino. It also agreed to huge content supply deal with German sports betting operator, Tipico.
Meanwhile, big-gaming players continue to follow suit and form partnerships like DraftKings with the Cordish group.
For those who want proof of success, a financial report covering the period January to September 2020 shows that NetEnt posted a 17 percent hike in year-on-year revenue.
CEO Theresa Hillman is pleased with this powerful performance. NetEnt continues to focus on its growth strategy. Now with the integration of Red Tiger, it can work on the expansion of Live Casino, and a higher presence in the U.S. and across Canada.