Legal Gambling USA
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In July of this year, West Virginia's legislature finally opened the door for its residents to start enjoying online casino gambling. It took more than two months, but Netent has finally signed a deal that will allow the company to offer its world-class portfolio of online casino games to West Virginia online gamblers.
Netent, founded in the late 1990s under the name Net Entertainment Inc., has long held a place as one of the top online casino content software developers in the world. The company's portfolio includes dozens of table games (blackjack, craps, roulette, baccarat, etc.) and hundreds of top video slots, including games like Gonzo's Quest, Jack Hammer I & II, Jack and the Beanstalk, Dead or Alive, Steam Tower, Starburst, and the world-renowned progressive slot Mega Fortune.
Last week, Netent signed an agreement to provide its content to West Virginia online casino gamblers through the fast-growing iGaming group BetMGM. BetMGM will be launching its online casino platform in the coming weeks with the backing of the GVC Group and MGM Resorts.
In a press release, Matthew Sunderland, VP Gaming at BetMGM, told reporters: “We have already seen great success with NetEnt content in New Jersey. Their team really understands what appeals to gaming customers and I am positive this will serve as a major advantage as we strengthen our existing casino offering in West Virginia.”
In the coming weeks, months, and years, Netent figures to be a major player in the U.S. online casino market. The company's iGaming platform is already available in New Jersey and Pennsylvania. As more U.S. states step forward to legalize online casino gambling, Netent figures to become one of the top software platforms in the country.
Netent operates out of Stockholm, Sweden under licensing provided by the Malta Gaming Authority. The company was founded in 1996 and is currently traded on the NASDAQ OMX Stockholm under the symbol NTABF. The stock is currently trading at $8.77 a share.
Here are some interesting facts about Netent. In 2019, the company's games recorded over 58 million gaming transactions. The company's software platform is available through more than 200 online casino operators located all over the world. The company offers over 200 gaming titles and employs over 1,000 people worldwide. All Netent games have been tested for fairness by the elite statistical data auditing eCOGRA.
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