The term “NetEnt slots” refers to the many online slot machine games that were developed by Net Entertainment. After starting its existence as a creator of land-based games, the business eventually made the shift into the online industry and came to be recognized by its current name, NetEnt. The company is situated in Scandinavia.
The software developed by NetEnt is accessible in twenty different languages throughout the globe, and the firm has been listed publically on the Swedish market since 2007. As a producer of high-quality, graphics-intensive, bonus-packed, and primarily story-driven slot games, NetEnt has built a solid name for themselves in the industry. To this day, they provide a little more than 200 different casino games, the most of them are slot machines and video poker variants.
NetEnt has its headquarters in Sweden as well as in Malta, therefore the company has both one foot in the past and one in the future. Their presence in Malta establishes a strong foundation for them in a region of the globe that is deeply ingrained in Internet-based gaming. The forward-thinking nature of the organization is reflected in the location of their headquarters in Stockholm.
Both NetEnt and American Players
A piece of unfavorable news for US players — If you are a resident of the United States, you will not have access to any of the best slots, table games, or video poker titles offered by NetEnt. This is because of a regulation that went into effect in 2006 called the Unlawful Internet gaming Enforcement Act (UIGEA), which restricts the capacity of well-known gaming companies to collaborate with American customers. You won’t even be able to try out the “free play” demo version of the game if you reside in the United States.
You are unable to access any of their gaming servers in any way.
On this front, there is some positive news to report. The online gaming business in the United States has been partially invaded by NetEnt. The firm struck a contract with a supplier of virtual gaming that is allowed to do business thanks to a grandfather clause, and as a result, it now has the legal authority to provide “simulated gaming” in the United States.
In order to participate in these games, Americans must first acquire virtual currency before they can risk real money. In essence, NetEnt is attempting to break into the United States market by capitalizing on the rapidly expanding social gaming business. This is wonderful news for the development of NetEnt’s relationships with players in the United States.
The Origins of NetEnt
The company NetEnt has been involved in the gaming industry for more than forty years. In 1974, the firm was first established as Cherry, which was a series of traditional land-based casinos. In 1976, slot machines were made illegal in Sweden. Given that slot machines were Cherry’s principal offering, this presented a significant challenge for the company.
At the time, the company’s choices were restricted due to technological constraints; as a result, they relocated to casinos in Eastern Europe for around twenty years and continued to concentrate on developing land-based slot machines for use in legal markets.
Lindwall and the other executives at Cherry came to an agreement with many European investment banks and gathered 8.5 million Euros in order to begin operations as an online gaming firm. This corporation, which would later become known as Net Entertainment, began operations in 1996.
It wasn’t until 2002 that the first casino to be powered by NetEnt opened its doors. This is a tendency that keeps occurring at NetEnt; they don’t move too swiftly on any of their projects. The organization has never lacked for perseverance. They had to wait for more than a decade, but ultimately (in 2009), they were able to get themselves listed on the NASDAQ. It wasn’t until 2011, more than a year and a half after their rivals, that NetEnt finally released a mobile game. They did not reveal its live casino games area until 2013, which was a significant amount of time after other organizations had done so.
We believe that NetEnt’s “under the radar” position is due to the company’s strategy of growing slowly and waiting to observe how their competitors perform before making any significant decisions. No matter what the rationale may be, it seems that NetEnt does not mind taking on the role of a boutique game creator.