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History of
Netentertainment |
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Net Entertainment is
one of the most popular gaming developers in the online gambling industry. It
was technically established in the year 1996, but has a history that goes
almost 50 years back.
It goes back to the 70s when Cherry, which was a
very famous offline casino in Scandinavia, had to modify the whole business and
restructure it into a new organisation. This happened because the slot machines
there were banned due to changing rules and regulations.
In 1984, Cherry
acquired many great casino companies of Sweden and their shares. Later from
1986 to 1991, Cherry got success in delivering slot machines to many East
European country casinos. Unfortunately for Cherry, after this short term
success, in 1992 there were orders to shut all such activities in those
countries.
Pontus Lindwall, who was the founder of Net Entertainment,
thought about the possibilities of starting online casino slots, with the
introduction of the internet. Although, majority of people didnt own a
personal computer, they were adapting to it rapidly.
At that time,
people didnt think of internet as such a powerful communicating source,
and hence, became the reason for Cherrys transformation into Net
Entertainment in 1996 and its success.
Net Entertainment started when
Pontus convinced one of the biggest venture companies of Europe- Cherry and
Kinnevik, to invest money in it.
They invested around 8.5 million,
which resulted in a successful company-and the rest as they say is history-it
went on to become a pioneer in the online gaming
industry!
Difficulties Faced and Overcoming Them With its
initiation in the online world, Net Entertainment also had to face some
difficulties. Although people started using internet extensively, they were
still hesitant in making any kind of online purchases or transactions because
they thought it was not entirely safe.
Due to a sudden increase in
online gaming companies, some of which were also fake, governments started
banning them.
Malta was one of the first countries, which understood the
importance in the balance between online gaming companies and their customers.
It kept a close supervision and command, which resulted in other countries
following the lead. Today, there are numerous trustworthy gaming companies
providing a wide range of online games with safe payment options and tools for
personal data security.
About Net Entertainment Net
Entertainment has been one of the first companies to start the trend of online
gaming and also a very reliable one. It has since then provided an extensive
variety of video slots and poker games to lure the players and give as many
exciting features as possible.
It keeps on renovating and modernising
the online slot games to tempt its customers and provide ample opportunities
for them to win. The NetEnt Jackpot Network offers wins as great as
millions.
Its offices are majorly situated in Malta and Sweden. It is
also registered on NASDAQ OMX Stockholm and has experienced a constant progress
in its share prices.
The Future Net Entertainment is
considered the primary developer of live casino games, online casino games as
well as mobile casino games. The numerous NetEnt casino operators are giving
their best in providing the finest online games, answering all the hows
and whys of the customers, providing safe payment options, stating the
risks of gambling addiction and securing players personal data like card
numbers and passwords.
Future ventures of Net Entertainment include more
of mobile games with a focus on constantly bringing pleasant changes to the
live games category. Check out PlayerX
for the latest Net Entertainment bonuses.
It has always won hearts with
beautiful graphics, interesting features and fun games. Believing that
innovation is the key to success, Net Entertainment feels pride in developing
some of the best games and distributing them to the online casino
industry. |
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