Reports of Slow Q3\/Q4 Growth<\/strong><\/h3>\nNektan 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. \u00a0In addition to this, they hope to see a significant reduction of loss in terms of EBITDA compared to 2018\u2019s results.<\/p>\n
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.\u200b<\/p>\n","protected":false},"excerpt":{"rendered":"
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\u2019s network\u2019s 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\u2019s vast product portfolio […]<\/p>\n","protected":false},"author":2,"featured_media":1398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[4,69,1],"tags":[417,416],"class_list":{"0":"post-1397","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-casino-slots-news","8":"category-australian-casino-news","9":"category-uncategorized","10":"tag-bingo","11":"tag-mobile-gaming","12":"entry"},"yoast_head":"\n
A Mobile-First Bingo Product to be launched - BestCasinos.co.nz<\/title>\n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n\t \n\t \n\t \n