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DATE: May 26 2012
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Poker.co.uk - Poker News Archive

Wednesday 20th February 2008

Online Bingo Licensee For Net Entertainment

Scandinavian software developer Net Entertainment has strengthened its grip on the Swedish online bingo market after signing a license agreement with one of the country’s top games operators.

The operator, who wishes to remain anonymous, is to benefit from Net Entertainment’s vast knowledge and experience in the field of online games software. Net Entertainment develops digitally distributed systems for Internet gaming. This includes its core product, CasinoModule, which is a complete gaming platform comprising a large number of browser-based games as well as a powerful administration tool. CasinoModule is licensed on a royalty format based on the revenues the product generates with customers offered a system solution that is adapted to each user and easily integrated with their existing websites.

“Operators are more careful and thorough when choosing software suppliers nowadays and the fact that we managed to sign this agreement in fierce competition is a proof of the high quality of our product,” said Johan Ohman, Chief Executive Officer for Net Entertainment.

The mystery company is described as having a significant number of registered players and currently in the process of applying for a gaming license in Malta with a planned launch for the new operation early next quarter.

Although the popularity of online bingo in Sweden is growing, the nation’s gambling laws are drawing flack from the European Commission amid concerns they do not comply with European Union principles on the freedom to provide cross-border services.

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Source: OnlineCasinoNews

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