TIDMNKTN

Nektan PLC

27 June 2019

27 JUNE 2019

NEKTAN PLC

("Nektan", the "Company" or the "Group")

NEKTAN LAUNCHES BINGO ACROSS B2C WHITE LABEL CASINO NETWORK

Nektan plc (AIM: NKTN), the fast-growing international gaming technology platform and services provider, has further expanded its product offering with the launch of a new mobile-first bingo product, which is now available across its white label network of casino sites.

The new bingo product, supplied by Pragmatic Play, has been built specifically for mobile players and is unique in providing an in-game lobby on mobile, which features a wide range of mini games to enjoy alongside the community bingo games.

Nektan works with the industry's leading games studios to deliver cutting-edge content to its growing network of over 160 casino sites and is continually adding new game formats to keep players entertained. The launch of bingo further enhances Nektan's growing portfolio of premium casino gaming content, which includes top-performing slots and live dealer games. This development demonstrates the Company's investment in its products to support the commercial ambitions of all its operators and white label partners, by appealing to all player segments and preferences across the globe.

Jane Ryan, Chief Operating Officer, Nektan, said:

"The launch of bingo allows our partners to attract and acquire new player segments, as well as giving our current players more content choice. The large majority of our players are on smartphones and we're confident that the mobile-specific UX and in-game lobby will drive increased mobile traffic. We look forward to delivering incremental gaming revenue to existing white label casino partners as well as working with new bingo-focused partners."

For further information, please contact:

 
 Nektan 
  Lucy Buckley, Chief Executive Officer 
  Gary Shaw, Executive Officer                                          +44 20 3463 8735 
 
   Stockdale Securities Limited (Nominated Adviser and Joint Broker) 
   Tom Griffiths / David Coaten                                           +44 20 7601 6100 
 
   Smaller Company Capital Limited (Joint Broker) 
   Rupert Williams / Jeremy Woodgate                                      +44 20 3651 2911 
 
   Nominis Advisory (PR Adviser)                                          +44 7 881 625 098 
   Angus Campbell                                                         Email: angus@nominis.co 
 
 

Further information on Nektan can be found at www.nektan.com.

About Nektan:

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.

Nektan plc was admitted to the AIM market of the London Stock Exchange in November 2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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(END) Dow Jones Newswires

June 27, 2019 02:01 ET (06:01 GMT)

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