NetEnt signs contract with CODERE in Spain
NetEnt, Net Entertainment, leading provider of online gaming solutions, has
signed a license agreement with CODERE, one of the largest gaming operators in
Spain.
Under the terms of the agreement, NetEnt will deliver a wide range of casino
games to CODERE’s online casino in Spain. CODERE is a leading Spanish gaming
company with a significant presence in Spain, Italy and Latin America. As
previously communicated, NetEnt is currently in the licensing process in Spain
with the ambition to deliver its products and services to the Spanish market in
2015.
“We are excited to partner with CODERE and for the opportunity to provide their
online players with our world-class thrilling games. CODERE is a market leader
in Spain, which is one of our prioritized countries when it comes to new
regulated markets with strong growth potential”, says Enrico Bradamante, MD of
NetEnt Malta Ltd and Chief of European Market Operations.
Mr. Ángel Fernández, Marketing Manager for CODERE Apuestas, comments: “The
agreement reinforces CODERE’s customer-centric strategy focused on maximizing
the so-called CODERE Experience and is boosting the convergence of channels
(Brick & Click). After having successfully relocated the sports betting
experience from an offline environment to online, we are convinced that our
offer of new casino games (slots, black jack and roulette) will be highly
appreciated among customers”.
This partnership will bring a strong complement to CODERE’s current gaming and
entertainment offer. NetEnt, leading provider of gaming solutions in Europe, is
especially acknowledged for its Touch ™ products adapted to all types of mobile
devices as well as its innovative and exciting games, e.g. branded games from
the likes of Universal ™, 20th Century Fox ™ and South Park.
Since its launch in Madrid at the end of 2014, CODERE Apuestas online betting
via mobile phones (codere.es) has experienced a very positive development. In
this regard, the Company will keep providing its gaming platform with new
products, features and content to expand its entertainment offer to the Spanish
market.
For additional information please contact:
Enrico Bradamante, MD of NetEnt Malta Ltd and Chief of European Market
Operations, Phone: +356 79 676 868, enrico.bradamante@netent.com
Roland Glasfors, Investor Relations, Net Entertainment NE AB (publ),
Phone: +46 760 024 863, roland.glasfors@netent.com
Angel Fernandez, Marketing Manager, CODERE Apuestas, Phone: +34 913 542 800,
angel.fernandez@codere.com
About CODERE
Founded in 1980, CODERE is a leading Spanish multinational company in the
private gaming sector in Spain, Italy and Latin America. In 2014, the company
managed 52,172 gaming machines, 176 gaming halls, 1,709 betting locations, two
racetracks as well as online gaming. Total group revenue in 2014 amounted to
EUR 1,386 million with EUR 150 million coming from Spain. The company has been
listed on the Madrid stock exchange since 2007 (ticker CDR).
About NetEnt
NetEnt, Net Entertainment NE AB (publ) is a leading digital entertainment
company, providing premium gaming solutions to the world’s most successful
online casino operators. Since its inception in 1996, NetEnt has been a true
pioneer in driving the market with thrilling games powered by their
cutting-edge platform. With innovation at its core, NetEnt is committed to
helping customers stay ahead of the competition. NetEnt is listed on Nasdaq
Stockholm (NET-B), employs more than 600 people and has offices in Stockholm,
Malta, Kiev, Gothenburg and Gibraltar. www.netent.com