NetEnt Content to be Launched On buzz Bingo’s Website
NetEnt, an established supplier of online casino gaming systems that are digitally distributed, has recently entered a partnership with Buzz Bingo. NetEnt would therefore launch the mobile casino slot games it offers on the biggest bingo operator platform in the UK.
Players will now be able to gain access to popular casino games such as Gonzo's Quest and Stardust, which are two popular titles of the company. The two titles mentioned are the two best-performing titles released by the company since 2013. They also hold the reputation of being the first video slot to have replaced conventional reels with symbols.
The agreement reached also involves a variety of slots, which are among the top performers in European countries.
Reach In The United Kingdom
Buzz Bingo can now leverage the position of NetEnt in the online gaming sphere to sustain diversification of its products.
Stevie shaves, buzz bingo's Chief Commercial Officer has made his comments regarding the agreement. He states that it was a great feat development to have NetEnt's content on the buzz bingo website. He says that the nature of the game resonates with the company's audience. He expresses his eagerness and anticipation of the fruit of the collaboration between the two companies.
Focus on the US
For a while, NetEnt has been focused on the United States' audience. But with this development, there has been a slight drift off from America. The company had previously struck a chain of deals and partnerships with operators in North America. Some of these operators are:
- Scientific Games
- The Cordish companies
After the gaming control Board of Pennsylvania had licensed the group in March 2019, they launched new titles. It launched this array of Red Tiger titles in the US through Rush Street interactive.
Andy Whitworth, NetEnt's Chief Commercial Officer, made comments about the merger. He describes it as a significant achievement to partner with Buzz Bingo and supplies its customers with the games they love. He expresses confidence because the content it offers matches the market demand and believes it would rank high on Buzz Bingo.
Ninety-four percent of NetEnt's total shares are controlled by Evolution Gaming Group AB. The firm started to control this percentage of stock shares, following the announcement made by the group in June 2020.
The board of directors at NetEnt applied to delist the B-shares of the company from the Nasdaq Stockholm. They also held a general meeting with the singular purpose of choosing a new NetEnt board amid a pool of other businesses.
Evolution also announced the offer and stated it as unconditional, declaring its intention to begin a mandatory redemption of about 6% of remaining shares.