NetEnt slots are variations of slot machines that are played online and were developed by NetEntertainment. At the present time, the business is known as NetEnt, and it is a Swedish game design company that began its existence as a land-based game creator before transitioning into the internet industry.
The software developed by NetEnt is accessible in twenty different languages throughout the globe, and the firm has been publicly listed on the Swedish market since the year 2007. As a producer of high-quality, graphics-intensive slots that are packed with bonuses and strongly plot-driven, NetEnt has garnered a reputation for being synonymous with these characteristics. As of right now, their gaming collection consists of little more than 200 casino games, the most of which are slot machines and video poker games.
NetEnt, which has operations in both Sweden and Malta, has both a foot in the traditional world and a foot in the innovative world. The fact that they are situated in Malta puts them in a position of strength in a region of the globe that is deeply rooted in the realm of online gaming. The company’s forward-thinking approaches are shown by the presence of its headquarters in Stockholm.
American Players and NetEnt
The bad news for players from the United States is that If you are a resident of the United States, you will not be able to access any of the highly regarded slot machines, table games, or video poker games offered by NetEnt. This occurs as a result of the Unlawful Internet gaming Enforcement Act (UIGEA) statute that was passed in 2006 and is still in effect today. This bill restricts the capacity of well-known gaming enterprises to collaborate with American citizens. Additionally, if you are a resident of the United States, you are unable to try out the games in a “free play” style.
You have been physically prevented from accessing their gaming servers.
On this front, there is some encouraging news. NetEnt has made a minimal contribution to the gambling industry in the United States. By entering into a contract with a virtual gaming provider that is currently operating under a grandfather clause, the firm was able to get the authorization to conduct “simulated gaming” in the United States.
Individuals from the United States are unable to gamble real money on these games; rather, they must acquire virtual currency. In essence, NetEnt is targeting the rapidly expanding social gaming business in the United States in an effort to penetrate the market there. The future of NetEnt and its relationships with players in the United States is brightened by this development.
A History of NetEnt
The history of NetEnt in the gaming industry dates back more than forty years. Cherry was the name of the land-based casino chain under which the firm was first established in 1974. 1976 was the year when Sweden outlawed slot machines. Since slot machines were Cherry’s major product, this presented a significant challenge for the company.
The company’s choices were restricted at the time due to technological limitations; thus, they relocated to casinos located in Eastern Europe for around twenty years, maintaining their concentration on the development of land-based slot machines for legal markets.
As part of their efforts to establish an internet gambling firm, Lindwall and the other executives at Cherry reached an agreement with a number of European investment banks and gathered 8.5 million Euros in order to execute the plan. In 1996, that firm, which later became known as Net Entertainment, was established.
The first casino powered by NetEnt did not open its doors until the year 2002. In the case of NetEnt, this is a trend that occurs often; they do not act too rapidly on anything. Patientness has always been a trait of the firm. Although it took them more than a decade to be listed on the NASDAQ, they were finally successful in 2009 and were publicly traded. A mobile game was not released by NetEnt until 2011, which was around one or two years behind their competitors. Their live casino game portion was published in 2013, which was a significant amount of time after other businesses had released theirs.
We have come to the conclusion that the reason NetEnt is considered to be “under the radar” is because of their philosophy of advancing slowly and waiting to watch how its next competitors perform. Regardless of the motivation behind it, it seems that NetEnt is in no way bothered by the role of the boutique game creator.