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Zeus Capital has advised Nektan ( NKTN.L ) on its recent £1.36m placing

29th January 2016


Zeus Capital has advised Nektan ( NKTN.L ) the leading mobile gaming content developer and platform provider on its recent £1.36m placing.

Nektan 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 (“RMG”) and freemium gaming space, delivering original and innovative content to large commercial organisations that have established online audiences.

Nektan’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.

Nektan 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.

Adam Pollock, Co-Head of Corporate Broking at Zeus Capital commented :

“We are delighted to assist Nektan in its growth plans and look forward to a strong and continuing relationship”