Nektan was founded by Gary Shaw to exploit the white label mobile gaming opportunity.
In July 2013 Nektan acquired Mfuse Limited, a mobile technology and services business. The acquisition of Mfuse allowed the Company to inherit Mfuse’s gaming platform, which following development the Group launched in April 2014 as a fully functional mobile gaming platform to capitalise on a rapidly increasing number of commercial opportunities in the sector.
The first launch was of the Company’s own-brand RMG casino, Chomp Casino, and the first white label partner went live in May 2014.
In November 2014, Nektan signed a joint venture agreement with Spin Games LLC to target the opportunity in the US land based casino market through in-venue mobile technology. The joint venture, ‘Respin’, offers casino operators an innovative and capital efficient way of refreshing their customer offer and increasing revenue from unsupported end-of-life slot machines whilst providing players new and innovative content to play which includes functionality on mobile devices.
Nektan’s admission to AIM in November 2014 helped to enhance our profile and credibility with major partners, whilst also providing access to capital as commercial opportunities arise, all of which continues to support our growth plans.