Nektan and Spin Games inks joint venture deal

Nektan will facilitate existing operators’ entry into in-venue mobile gaming for a daily fee per slot machine.

The joint solution will allow casino operators to offer specialized in-venue mobile technology and content on a significant portion of gaming cabinets on casino floors.

The service also enables such operators to introduce new gaming content that can be accessed by patrons via machines and mobile devices in the venue.

Nektan and Spin Games have already entered into agreements with both tribal and commercial operators in the states of California and Nevada, with such contracts expected to generate material revenue for the joint venture from the outset.

Gary Shaw, executive chairman of Nektan, said: “This joint venture and the announcement of our first contracts with US land-based operators is a significant step in the execution of our US growth strategy.

“With our joint mobile technology solution including the Evolve platform and Spin Games's gaming machine expertise we are offering a solution to introduce mobile gaming to land based casino operators across up to 32 states.

"The joint venture’s pipeline of contracts continues to develop and we will update the market as appropriate and also provides Nektan an entry into the key US market without reliance on state-by-state interactive gaming regulation, which remains a longer-term opportunity for the group," he concluded.