Net Entertainment Purchases Red Tiger Gaming for £197 Million
Category : Slots news
Net Entertainment (NetEnt) has entered into an agreement to buy Red Tiger Gaming for £200 million – it’s a cash deal that could rise of £220 million.
NetEnt’s vision of creating the future of gaming has seen purchase the up and coming Red Tiger Gaming – the latter has achieved great success in the last 2 years with their slots now available at most online casinos. Their slots are innovative, boast superb design and a variety of jackpots. The acquisition from NetEnt sees them with an opportunity to capitalize on their scalable technology for future growth.
Speaking of the acquisition, NetEnt’s CEO (Therese Hillman) commented:
“I am very pleased to welcome Red Tiger into the NetEnt Group. The acquisition combines two of the leading and most innovative companies in the online gaming industry. We look forward to working with Red Tiger’s fantastic team to enhance our combined global reach and to offer further value to operators and players. The transaction will provide significant revenue synergies across our markets worldwide.”
Red Tiger Gaming’s CEO (Gavin Hamilton) said:
“This is an exciting new stage of the Red Tiger story and we are delighted to become part of the NetEnt group. Accessing NetEnt’s unparalleled distribution network and geographic footprint will unlock new opportunities for Red Tiger and will further accelerate our growth. At Red Tiger we’ll remain focused as always on driving further innovation and we are looking forward to working with NetEnt on how to leverage our combined capabilities to create new products that wow our customers.”
What does this mean for slots players?
Well, I would say that NetEnt and Red Tiger Gaming will both continue to develop slots as usual – however, synergies will be created with bonus features and game mechanics shared meaning new and enhanced slots that combine the best elements from both providers. Other providers like Playtech have purchased Quickspin and they run as separate companies – it’s not quite what this new acquisition will mean for Red Tiger Gaming and NetEnt.
In the meantime
You can play all Red Tiger Gaming and NetEnt slots here at Online-Slot.co.uk – there are detailed reviews as well as the ability to play for free. Slots we recommend include:
Dead or Alive II from NetEnt
Pirates’ Plenty: Battle for Gold from Red Tiger Gaming