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A Mobile-First Bingo Product to be launched

July 21, 2019 by Admin

A brand new mobile-first bingo has been launched by Nektan, the multi-focused iGaming platform and service, and you can now access the game across the developer’s network’s white label casino sites and play for real money.

Provided by the team at Pragmatic Play, this new product has served to further expand Nektan’s vast product portfolio for online and multiple players. The game, especially for mobile play offers a responsive in-game lobby. You will also find a broad selection of mini-games you can have fun with.

Greater Variety for Casino Players

Nektan has been working to expand its portfolio and has announced this new development in order to demonstrate its readiness to invest in its products. This, in order to support the ‘commercial ambitions of its white label operating partners’. The firm has said that the new games will appeal to all players in all markets around the world, as well as across all sectors of players and levels of preference.

Nektan chief operating officer, Jane Ryan, further noted that the launch of bingo games allows her company’s partners to gain and maintain a brand new player segment. She elaborated on this by stating that it also adds to the player’s gaming session new levels of choice and variety.

Ryan said she is confident that the mobile-first user interface and in-game lobby of the new bingo product will drive mobile traffic rates even higher as the majority of the firms’ players are mobile-based. The company is looking toward increasing its incremental gaming revenues for its partners as well as aligning itself with new bingo-focussed companies.

Reports of Slow Q3/Q4 Growth

Nektan recently issued another pre-close trading update, which revealed significant revenue growth. Even so, for this summer, the firm fell slightly short of its profit projections. In its announcement, the company stated its expectancy to deliver double-digit year on year revenue growth in the period ended June 30, 2019.  In addition to this, they hope to see a significant reduction of loss in terms of EBITDA compared to 2018’s results.

Nektan noted that due to slower trends in its Q3 & Q4 periods, the goal of EBITDA to break-even this year would not be achievable. Ongoing effects of strict UK regulations when it comes to player verification and gambling marketing tactics are reported to have been among the factors to have impacted its first-time deposit results.​

Filed Under: Articles, Australian Casino News, Uncategorized Tagged With: bingo, Mobile gaming

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