Tag Archives: Respin

Nektan sanctions lower priced offload of Respin US asset

London AIM-listed mobile gaming services provider Nektan Plc has offloaded its US-specific mobile casino property ‘Respin’ to private enterprise Alternative Investment Partners, completing a £300,000 cash transaction. Updating the market, Nektan leadership details that it has sold its 57% equity in the US brand, at a lower price than originally anticipated, stating that the firm wishes to halt its ‘stateside …

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Nektan reports “record growth and revenues” in Q3 trading update

Gaming technology platform and services supplier, Nektan, has reported “record growth and revenues” for its B2B division in its trading update for the third quarter of its financial year ending 30 June 2019 (Q3 FY19). In the trading update, Nektan has reported that its current growth trajectory remains on track to break-even for the financial year, detailing that the Executive …

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Nektan hails 2018 as a “key milestone” as it breaks even

London-listed gaming technology specialist Nektan has reached a major milestone in its move to break-even as announced in its unaudited interim results for the six months ending 31 December 2018. The group announced back in January that it was on-course to breaking even in 2019, having reported  record KPI growth, new commercial partnerships and progress on its US market foundations. …

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