Hillman expects that there will be a “significant synergy” created, that should drive forward new innovation. NetEnt will pay £197 for shares of Red Tiger with the remaining sum to be paid by 2022, depending on the financial performance in coming years. Reminding that they are licensed in UK, Malta, Gibraltar and Alderney as well as in Italy, Denmark and Sweden, they are also supplying the Swiss market and one of the online sites there.

She went on to talk about the decision of buying Red and remarked that their revenues come from a broad range of customers and they have a very large portfolio of games – an impressive feat for a young company. What is appealing about Red Tiger is their very strong market presence in the UK, as well as in Northern Europe, and we think that they are a very good fit with our current strategy.” We have been very impressed by them over the years. It has quickly established itself as one of the top suppliers in the online gaming market. “ Red Tiger has been very successful since it has started.

She began her lengthy analysis by saying that this buy “fits NetEnt’s growth strategy perfectly” and that it will try to capitalize “on its scalable technology to support future growth” once the acquisition is closed, once Red Tiger’s performance is consolidated with third quarter results of new parent company. NetEnt’s Chief Executive Officer, Therese Hillman, has provided in-depth commentary on her company’s purchase of Red Tiger Gaming – news that spread like wildfire out of the blue a few days ago.

Red tiger gaming ceo