Nektan Expands into Africa
23 JULY 2019
("Nektan", the "Company" or the "Group")
NEKTAN EXPANDS GLOBAL FOOTPRINT INTO AFRICA
Nektan plc (AIM: NKTN), the fast-growing international gaming technology platform and services provider, is pleased to announce its entry into Africa using E-Lite, the Company's B2B content distribution platform. Africa is an emerging, rapidly growing market and is one of a number of regions that Nektan is targeting as part of its global expansion strategy.
Following a quick and seamless integration of Nektan's B2B platform E-Lite, two of Africa's leading gaming companies, Betika and BetLion, have complemented their sports offering with the integration of hundreds of HTML5 developed slots and table games, now available via Nektan's E-Lite platform across all desktop and mobile devices. Both operators have significant presence in Africa and are amongst the seven Kenyan operators who had their licenses renewed by the Kenyan Betting Control and Licensing Board (BCLB).
The launch into Africa marks another important landmark for Nektan's fast-expanding and higher margin B2B division, which is attracting operators from across the globe with its leading proprietary technology platform and cutting-edge casino content. Nektan's B2B division maintains an extensive pipeline of partners across multiple jurisdictions and emerging markets such as Africa.
Gary Shaw, Founder and Executive Director at Nektan, said: "Africa is an emerging market that is rich with possibilities and presents us with opportunities to build our international expansion. As we continue to grow Nektan's B2B software division, deals such as this highlight how our proprietary technology is fit for purpose in emerging markets all over the world."
Jaydeep Chakravartty, VP Commercials, at Nektan, said: "We're thrilled to launch our E-Lite platform in Africa. As a nimble technology provider, we are able to efficiently integrate our content into large scale operator networks across the globe. Betika and BetLion will now be able to offer their customers a wide range of increasingly popular casino games."
For further information, please contact:
Lucy Buckley, Chief Executive Officer
Gary Shaw, Executive Officer
+44 20 3463 8735
Shore Capital (Nominated Adviser and Joint Broker)
Tom Griffiths / David Coaten
+44 20 7408 4050
Smaller Company Capital Limited (Joint Broker)
Rupert Williams / Jeremy Woodgate
+44 20 3651 2911
Nominis Advisory (PR Adviser)
+44 7 881 625 098
Email: [email protected]
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Further information on Nektan can be found at www.nektan.com.
Nektan is a fast growing, international gaming technology and services provider, specialising in mobile casino. It licenses its proprietary technology to leading operators including BetVictor and provides end-to-end technology and white label casino services for leading brands including News International's, The Sun Play.
Nektan's full end-to-end technology platform, Evolve, enables the management of the full customer experience and back-office operations, allowing partners to focus on marketing the product to their consumers.
The E-Lite platform is Nektan's B2B gaming content aggregator and bonusing platform that delivers a wide range of premium content from the world's leading game studios. It is an easily-integrated add on module for operators, giving them an array of options and flexibility on how they manage and distribute a breadth of premium gaming content across their networks.
Nektan has a material stake in US-based interactive gaming operator Rapid Games, which provides US land-based casinos with an in-venue mobile gaming solution. It allows operators to add mobile technology and content making products accessible to players across both cabinets and mobile devices inside casinos.
Headquartered in Gibraltar, Nektan is regulated by the Gibraltar Licensing Authority, the UK Gambling Commission and the Information Commissioners Office. As a socially responsible license holder, Nektan endeavours to deliver a safe, secure and robust player gaming experience.
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Quick facts: Nektan PLC
Market Cap: £6.43 m
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