It’s likely that the prevalence of Net Entertainment games at online casinos is due to the company’s status as a pioneer in the development of video slots and table games. NetEnt is the Scandinavian skippers on the industry’s high seas due to their continuous great financial performance, growth into the United Kingdom (the largest online gambling market in Europe and currently the company’s major market), and presence in more than half of online casinos.
History of NetEnt
NetEnt was founded in 1968 when two Swedish gambling institutions, AB Restaurang Rouletter and Roulett Konsult & Spelautomater, joined together. They pooled their resources, and the business swiftly became a household name in the offline gaming industry across the country. They became known as Cherry in 1972.
However, the Swedish government’s decision to outlaw slot machines necessitated a restructuring of the business. In 1984, it used share-based funding to acquire a cluster of gaming firms. Cherry began producing mechanical slot machines for use in Eastern European nations two years after they first went into production. These activities lasted until 1992, when the business, facing financial difficulties, was compelled to scale back its operations.
Despite this, the introduction of the internet provided fresh prospects. Pontus Lindwall, the son of Restaurang Rouletter’s inventor, Bill Lindwall, saw its potential right away, especially in the rapidly growing iGaming industry. He launched Net Entertainment in 1996 and quickly attracted investors including Cherry and Kinnevik AB. Collectively, they put more than 70 million Swedish kronor (SEK) into the nascent online gaming startup.
In spite of the influx of capital, it took seven years for Netent to begin turning an annual profit. Slowly but surely, the firm expanded, eventually opening a second office in the gambling stronghold of Malta in 2006. New Jersey, Kiev, Krakow, and Gothenburg followed as additional locations.
NetEnt quickly established themselves as industry leaders. The company’s achievement was recognized when it was given a main listing on the Stockholm Stock Exchange.
There are currently approximately a thousand people working for the organization, and they’ve created over 200 different kinds of online casino games. Netent has also forged relationships with other online casinos so that their innovative games may be made available to a large and expanding audience of online gamblers.
Slot Machines and Other Games from NetEnt Casinos
Gonzo’s Quest, a popular video slot game developed by NetEnt, was released in 2010. The game spawned a remarkable offspring of sleekly designed, inventive, and transcendent games, and it is still one of the most popular and advertised slot on casino homepages today. Even now, their library of 200 titles isn’t necessarily the largest. However, a NetEnt game can usually be distinguished from other slot games by its attention to detail and general high quality.
The UI, music, and visuals are all significantly improved with NetEnt. A NetEnt-powered casino does not suffer from the dated user interface of the dial-up World Wide Web of the early 2000s.
Strong and generous RTPs are another hallmark of NetEnt games. The average payout for its games is above 95%, and a few of them go as high as 98%. The firm claims that this is why its customers have such a high LTV.
Progressive Jackpots at NetEnt-Powered Casinos
Microgaming’s renowned Mega Moolah slot machine could have been responsible for the earliest payouts of unprecedented size. However, the popular slot machine Mega Fortune from a NetEnt casino now holds the records for the greatest online slot payment (€17.86 million) and the largest mobile payout (€8.6 million). In addition to Mega Fortune and its spinoff, Mega Fortune Dreams, Netent’s library of progressive slots now includes games like Arabian Nights and Hall of Gods.
A Guide to the Progressive Jackpots at NetEnt Casinos.
Progressive slots from any provider work the same way, with a little portion of each wager going toward a growing pot. Prize pools are often substantial since they are aggregated from all NetEnt-powered slot machines. The gamer may rest assured with such a setup in place. There are literally hundreds of NetEnt casinos available, some of which are more successful than others. It’s comforting to know that one of the most trusted and prosperous behemoths in the business is solely in charge of distributing massive rewards in the style of national lotteries. This should put to rest any concerns you may have had regarding the casino’s financial stability and your ability to withdraw any wins.
Casinos powered by NetEnt are recognized for their innovative branded content, such as the thrilling slot machines based on the legendary bands Guns n’ Roses, Motorhead, and Jimi Hendrix. Released throughout 2016, they received universal acclaim from critics and fans alike for their high production values, innovative supplementary content, and adrenaline-pumping soundtracks, which featured several of the bands’ most well-known songs.
The relatively diverse brands in their portfolio include those from 20th Century Fox, South Park Digital Studios, and Universal. Dracula, The Invisible Man, South Park, Scarface, Aliens, and Frankenstein are just a few of the pop culture icons featured in online slots.
Online Casinos vs. Live Dealers
NetEnt has also made an attempt to be competitive with Evolution in terms of their live casino offering, which is no small task given Evolution’s status as an industry leader in live gaming suite development. Despite this, things seem to be going well for Netent.
They’ve developed a clean, fluid, and extremely accomplished live dealer offering with a few nice improvements, all thanks to their use of chroma key technology and laser focus on the mobile gaming experience.
To begin, they have top-notch production values for their live games, including crystal-clear streaming and perfectly timed music and pictures. The player may also choose between portrait and landscape orientations, a feature that NetEnt casinos believe will grow in significance for mobile players in the future.
In addition, similar to traditional casinos, players can put bets during the rotation of the wheel in live roulette.
And if you’re a numbers nerd, live blackjack should satisfy you in all the right ways. It displays the dealer’s previous 10 hands and current table data in real time. In the end, this improves the player’s experience by allowing them to make better strategic judgments.
Reasons to play at a live dealer casino powered by NetEnt are listed below.
Easy to navigate interface
Excellent visuals and audio
Continually available in both landscape and portrait orientations
Seventy-five thousand hours of monthly live broadcasting, translated into twenty-five tongues
Multiple player interviews totaling hundreds of hours were done for this study.
Professional, personable, and well-versed salespeople
The roulette wheel gets around 10 million spins a year.