Nektan Plc (LON:NKTN) acting CEO Gary Shaw talks to DirectorsTalk about the performance of US joint venture Respin, how its performing, progress and grow rates in European gaming, how the one large contract has impacted the business and how the company have taken steps to reduce costs.
Nektan Plc is a leading international B2B mobile gaming content developer and platform provider. The Group designs, builds and operates mobile games in the regulated, interactive real money gaming space delivering original and innovative content to large commercial organisations that have established online audiences. The company’s full end-to-end technology platform, Evolve, simplifies and supports the route to mobile and desktop gaming revenues, managing the full customer experience and back-office operations, allowing commercial partners to focus solely on marketing the product to their consumers. The company also operates a joint venture, Respin LLC, with Spin Games LLC that provides US land-based casinos with in-venue mobile technology and an innovative way of increasing revenue from end-of-life cabinets whilst providing players new and innovative content to play, which includes functionality on mobile devices. Nektan is regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market, and has offices in Gibraltar, London and Las Vegas with Respin based in Reno, Nevada.
