Stockholm 2009-01-26
PRESS RELEASE
Net Entertainment signs two breakthrough contracts for CasinoCafé
Net Entertainment has signed two contracts for delivery of CasinoCafé™ with
Delta Invest Ltd in Russia and PCP Electronics Ltd in Cyprus.
Delta Invest Ltd has extensive experience from the land based gambling industry
and will roll out CasinoCafé™ through a network of over 500 shops in Russia.
“We are very pleased to have reached an agreement with Net Entertainment.
Through CasinoCafé™ our customers are able to experience and access top class
gambling content by the click of a button” says Vjaceslavs Volkovs, Director at
Delta Invest Ltd.
PCP Electronics Ltd has extensive experience in land based gambling and is
operating gambling halls throughout Cyprus. The intention is to roll-out
CasinoCafé™ in 20 shops in Cyprus over a 12 month period.
Roll-out and launch will commence during the second quarter 2009. CasinoCafé™
is a new product line for Net Entertainment and it is possible that Delta
Invest will become one of the largest licensees of Net Entertainment if the
projections given holds true.
“I am very pleased to be able to announce these two agreements for CasinoCafé™.
One of the benefits of CasinoCafé™ is that it combines the cost efficiency of
electronically distributed gaming with the business volumes of land based
casino operations” says Johan Öhman, CEO at Net Entertainment and continues;
“It is estimated that well over 90% of all gaming still is conducted in
physical environments, a market we hence tap into with CasinoCafé™.”
Net Entertainment develops digitally distributed systems for Internet gaming.
CasinoCafé™ is set up similar to an Internet café, where an operator can set up
a local casino operation using standard PC´s. The solution comes complete with
a wide range of casino games and a powerful administration tool capable of
handling cash payments and issuing one-time accounts to players. CasinoCafé™
merges the virtual and the physical world reaping the maximum rewards of both.
Net Entertainment licenses CasinoCafé™ on a royalty basis based on the revenues
the product generates. Net Entertainment is listed on NASDAQ OMX Stockholm
(NET-B). More information about Net Entertainment is available at
www.netent.com.
For more information please contact;
Johan Öhman, President and CEO Net Entertainment; Phone +46 70 486 77 15
johan.ohman@netent.com
Bertil Jungmar, CFO Net Entertainment; Phone +46 8 50 59 67 96
bertil.jungmar@netnet.com
