We‘re recently received great news from Nektan, the online gaming company and service provider behind GoWin Casino. According to their latest business report, the company has continued to increase revenue and the recent financial year of 2017 is an absolute stunner. A 130% year-on-year revenue increase in internet gambling brought in £13.1m during the last 12 months.
Compared to the £5.7m revenue of the period during the previous year, this is something the company can boast of. No doubt, the increase was mainly affected by the rise of first-time deposits and the number and size of online transactions. While there were 49,176 first-time depositors last year, this year the number jumped to 130,105 – a 165% increase.
As for transactions (including bets on casino table games and spins on slots), the improvement is just as outstanding. While the company saw 176.9m transactions during the financial year of 2016, it ended up with 423.5m online transactions and an 139% increase in the same period of 2017. The players at GoWin and other Nektan-powered casinos raised their wagering amounts as well, as cash wagering increased by 157% since last year. The number leapt from £151.9 to £390.3 million.
The increased budget encouraged the company to strive for more and plan new projects. One of the most important news is that Nektan made an agreement with their joint venture partner ActiveWin Media Limited to buy out NMS (Nektan Marketing Services) for £500,000. Dedicated to digital marketing, this subsidiary is now going to be in full control of Nektan, which is an achievement that made their interim chief executive Gary Shaw really happy.
According to the executive office, this transaction will allow the company to take greater control of its players. This is likely a good news to every gambler here at GoWin. With increased control, Nektan will also become more responsible for providing the best gaming experience possible. Aside from that, the company will also get more control over marketing on behalf of its partners. If all goes well, online casinos like GoWin will continue getting more and more new players every day.
What‘s especially surprising is that Nektan achieved such success despite the exit of chief executive Leigh Nissim last month. Of course, Nissim continued to work for Nektan to make the transition as steady as possible. So, these changes didn‘t seem to do much harm for the company — quite the contrary, in fact.
As for now, Sagi Lahav, who just replaced Gary Shaw last week, serves his first days as interim chief executive. As a former CEO of Mansion Group, Lahav is not a newbie in the remote gambling industry and should ensure the bright future of our casino provider.
The success that Nektan has been enjoying in the recent years shows no sign of dwindling. The big question here is how are they going to use it to their best advantage? The strategy for the future will, no doubt, involve both expansion and development of the current services, including adding more games, bonuses, promotions and other exciting features to the GoWin Casino. So, if you‘re a player at GoWin, you should definitely stick around for what will come in the future!