NETENT SECURES JAXX ONLINE CASINO DEAL
28th December, 2010 at 01:48:55
Swedish company will provide its successful CasinoModule product
The Swedish online gambling software provider Net Entertainment has signed up another customer for its popular CasinoModule product, agreeing to supply an online casino and regular instant-play and download game additions to the German listed firm JAXX SE.
JAXX SE is an investment group with a strong presence in several online gambling operators. Founded in 1998, the JAXX Group is one of the pioneers in online gaming and has through its gaming sites Jaxx.com and Mybet.com, established a significant presence in Europe. JAXX SE has been listed on the German Stock Exchange since 1999, and has over a million registered players, generating revenues in 2009 of Euros 114,5 million.
Edward Mifsud, a director of P.E. I. Ltd., a Malta-based member of the JAXX Group and operator of Mybet.com, said that Net Entertainment had been selected after a careful study of available products and online gambler preferences.
"In order for us to achieve our aggressive casino growth plans, we need to work with a serious and professional player, who understands the importance of maximizing player experience by offering portfolio excellence and stability," he said. "Together with Net Entertainment we are confident our plans will be realized."
Johan Öhman, CEO of Net Entertainment, revealed that his company is investing heavily in its operations in order to "...push the limits in gaming entertainment without compromising quality."
"This will support JAXX's growth going forward," he said.
Related News Tags: Netentertainment, Germany, Net Entertainment, Sweden