One of the biggest names in slot games, NetEnt is set to sell up to Evolution Gaming for a whopping £1.9bn! NetEnt, known for popular slot games like Starburst and Gonzo’s Quest, has received the bid for 90% of its shares - and the board are recommending that shareholders take the deal.
If you don’t know Evolution gaming, they are a giant in the live casino games space, with a huge portfolio of live card games and live roulette under their belt. Adding NetEnts library of 200 slot games to this partnership will put both companies in a strong position to move into new markets and expand their reach in existing ones.
The Chairman of Evolution Gaming, Jens Von Bahr, said the following: “This strategic deal marks a significant step towards Evolution’s long-term vision of becoming the global market leader in the online casino industry.”
He continues, “Furthermore, NetEnt’s established US positioning combined with Evolution’s existing US studios and first-to-regulated-market strategy will put us in a favourable position to capitalise on the on-going regulation in North America.”
It’s clear that this synergetic relationship will be beneficial for both parties, which is why the NetEnt board are so keen for shareholders to allow the takeover to happen. What does this mean for your favourite NetEnt casino sites though?
Well, for us in the UK, nothing really! Both NetEnt and Evolution games are available at most of your favourite online casino sites, and you will be able to continue enjoying what they offer. If by some chance you’re in a market where these providers don’t have a big presence, get ready to find out why everyone’s talking about the Street Fighter II slot game!