NEKTAN TO POWER ‘KERCHING CASINO’ BRAND

Published by Nektan on 16/03/2015

GIBRALTAR – NEKTAN PLC, an international, B2B, gaming platform provider, today announces a real money gaming agreement with established casino brand ‘Kerching’. The partnership will see Kerching utilise Nektan’s multi-channel platform, which is compatible across all screens, to provide end-to-end, real money, gaming content and services to Kerching’s loyal customer base. The deal will see Kerching migrating their existing desktop customers to Nektan’s platform, followed by their mobile customers in Q2. In addition, Kerching will be investing a marketing budget in excess of £5m for continued customer acquisition over the next 48 months.

NEKTAN’s CEO, David Gosen, commented: “We are delighted that the team at Kerching selected Nektan as their gaming partner of choice. It is also excellent to see a well established gaming operatorendorse our gaming platform. Our core competency of delivering end-to-end, real money, gaming solutions is clearly resonating strongly with operators and brand owners alike, as they look to generate revenues and deeper engagement with their customers.”

Warren Jacobs, Managing Director of Active Win Media who manage all of Kerching’s marketing commented: “Combining our proven acquisition expertise with Nektan’s market leading real money gaming content and platform will undoubtedly lead to a highly productive partnership with Kerching and its customers. Nektan has already displayed excellent partnership qualities and remarkable agility in getting Kerching to market ahead of schedule on its gaming platform”.

This is the fourth white label gaming partnership to be announced by Nektan this year, following:

  • Nektan’s agreement with City A.M to launch a real money, gaming casino.
  • A partnership with News UK to launch Sun Play, which combines free-to-play skill games with a suite of real money games that are designed to be played on the go by the readers of The Sun newspaper’s print and online formats.
  • A partnership with Channel 4 to launch a freemium bingo game branded with the popular award-winning television programme Come Dine With Me. The game will be available as an innovative freemium, non-gambling app. The app will be available to download and play for free with extra game credits and special features available for in-game purchase.

During the past 24 months, Nektan has invested heavily in its Evolve gaming platform and proprietary games to create a best-in-class, white label, real money gaming product. The Evolve platform can be customised to suit the specific needs of Nektan’s partners to deliver a complete end-to-end gaming experience on smartphone, tablet and desktop.

Enquiries:

Nektan 
Gary Shaw, Executive Chairman
David Gosen, Chief Executive Officer
Tel: Via Hudson Sandler
+44 (0)20 7796 4133
Panmure Gordon (Nominated Adviser and Corporate Broker)
Corporate Finance:
Andrew Godber / Atholl Tweedie / Duncan Monteith
Corporate Broking:
Charles Leigh-Pemberton
Tel: +44 (0)20 7886 2500
Hudson Sandler (Financial PR)
Nick Lyon / Alex Brennan
Tel: +44 (0)20 7796 4133

ABOUT NEKTAN:

Nektan is an international, B2B, gaming platform provider. It is a developer and operator of games in the regulated, interactive RMG and freemium gaming space, delivering white label implementations to large commercial organisations that have established online audiences.

Formed in 2011, Nektan operates under a full Remote Gambling Licence issued by the Gibraltar Licensing Authority and maintains sales and customer support operations in its two primary geographical targets, Europe and North America, from offices in Gibraltar, London, Las Vegas and Reno.

The Group has developed a full end-to-end platform, Evolve, which is focussed on supporting mobile and desktop gaming. Nektan’s white label platform simplifies the route to gaming revenues for its target commercial entities: managing the full customer experience and back-office operations, allowing the partner solely to focus on marketing the product to its consumers.

ABOUT KERCHING GIBRALTAR LIMITED:

Launched in 2007, Kerching was acquired by International Gaming Technology (IGT) in 2008.

In November 2014, backed by private equity, the brand was acquired and Kerching Gibraltar Limited was established with 30 full time employees. Kerching remains true to the pure play user experience and in this new chapter is intending to grow its business tenfold with its solid infrastructure based on the Nektan platform offering.