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Posted in Industry February 21, 2017

NetEnt: 2016 Revenues Report and a Look into the VR Gambling

Net Entertainment, usually referred to as just NetEnt, is one of the biggest players in the online gambling industry. This software developer provides games for the overwhelming majority of top online casinos, and it keeps growing and getting better with every year. The company recently released the official numbers of its revenues in 2016 and they are nothing short of incredible as the final total shows a growth of 35%.

The history of NetEnt started in 1996, although the first casino based on their software was launched only in 2002. Since then, the company has shown constant progress and this trend definitely isn’t going to change anytime soon. What started as a relatively small branch of a Swedish major off-line casino operator has turned into the #1 developer in the online gambling world. Today having games from NetEnt is a must-have requirement for any casino that wants to succeed.

The secrets of NetEnt success are their willingness to go global and a firm focus on progress. Today the company offers games in 21 languages with new added regularly. This enables online gambling providers in different countries to engage a larger number of people. It’s definitely this approach that resulted in NetEnt gaming systems to go through over 21 billion transactions in 2014, and the number has grown since then.

Note that this developer offers 200+ games that can be found in 100+ online casinos. This rate of success is unmatched by any other, and NetEnt doesn’t seem to stop in their quest to keep the leader’s title in the online gambling industry.

NetEnt Report of 2016: The Growth to Impress

All fans of NetEnt games can expect new fantastic accomplishments from the developer in the future as their current success provides them with extensive resources to improve. In the last year alone the overall profit of the company has increased by 35%. It’s astounding to see that the last three months of the 2016 resulted in a revenue rise of 24%, which for Net Entertainment translates into over $45 million. The operating profit of the enterprise during this time has increased by 28%.

These impressive results are mostly caused by NetEnt’s never-ending expansion. Despite the fact that they are already providing their games to all top gambling portals on the Internet, the company never ceases to seek out new clients. In 2016, they’ve signed up forty five new casinos. The NetEnt platform is considered to be the best in the industry for a reason. It’s stable, secure, and infinitely enjoyable for the players who appreciate creativity and great quality of graphics.

Today, Net Entertainment caters to businesses from all over the world. Surprisingly, their biggest regional market last year was the UK.

NetEnt VR Slots: A Glimpse of the Future

Net Entertainment has been regularly beating its revenue records over the few last consecutive years. The company managed to achieve this because it embraces progress at its finest. No matter what the trend is in the world of online gambling, you’ll definitely see NetEnt’s products at the very top. In fact, in many cases this company’s products are trendsetters in the industry. The latest example of their progressive thinking is the announcement that NetEnt would soon be releasing the first revolutionary VR (virtual reality) slot.

It seems that this developer would never cease being the pioneer in everything that has to do with online gambling. Embracing the virtual reality technology is a bold move for this industry, but if anyone can face this challenge, it would be NetEnt.

According to their latest announcement, the first taste of VR online gambling would be the upgrade of the company’s leading game, the Gonzo’s Quest slot. Revolutionary is the right word for this project as an online VR gambling game of any kind has yet to be launched. However, this technology interests quite a number of modern developers. We will surely see more creations in this field at the specialized VR/AR Gambling Conference hosted by Smile-Expo that would take place on the 3rd of April in Prague.

The potential of this technology is immense, and it’s great to see that developers of online gambling platforms are using it actively. As this trend is only starting, the players are sure to enjoy quite a few original developments.

With no limits and traditions of any kind, VR online gambling is a clean slate that invites creative professionals to develop something new and fantastic. NetEnt has been doing this for years, using every available too. Therefore, one thing you can be sure of is that whatever they come up with would be great.

What’s Virtual Reality, and Why Does it Matter in Slots Gaming?

Virtual reality is a relatively new technology, wherein a person can perceive an almost-real environment, but in a three-dimensional and computer-generated environment. In a virtual world that is created by a computer, the person becomes immersed in it, and the operator or individual is given a chance to manipulate the objects in the virtual environment or complete certain actions, as if in the real world. This technology has been used for a number of applications, including engineering, business and entertainment. But today, this technology is being explored in the realm of casino gaming.

To expand its global footprint and add new titles, NetEnt has also announced its agreement with the owners of the ‘Planet of the Apes’ franchise, 20th Century Fox. If the plan and agreement between the two companies will push through, NetEnt will release a new slot title, based on the franchise, which will become a first in slot gaming.

With the abundance of NetEnt casinos online, you can enjoy discovering the wonders of their games at dozens of websites. However, if you want to get the ultimate online gambling experience, you should go for the very best, such as Cashimo Casino, BitStarz Casino, Chanz Casino, and PlayGrand Casino.

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Financial Report, Financials, Gonzo's Quest, Net Entertainment, NetEnt, Virtual Reality, VR Gambling