NetEnt

Founding and Ownership

NetEnt's owner dates the brand's activity to 1996. NetEnt is now part of Evolution: Evolution's own announcement records the result of its public offer to NetEnt shareholders and states that as of 1 December 2020 Evolution and NetEnt operate as a group under the name Evolution, continuing to offer products under four brands as at that date — Evolution, Ezugi, NetEnt and Red Tiger. Evolution's corporate timeline records the acquisition of NetEnt together with NetEnt Casino and Red Tiger, which is the detail that matters for ownership: Red Tiger was already NetEnt's, so it transferred in the same transaction rather than being bought separately.

What It Makes

NetEnt is a slot studio, and its catalogue is the part of it a player is likely to recognise. Evolution's NetEnt page describes Starburst, Gonzo's Quest, Divine Fortune and Finn and the Swirly Spin as long-standing favourites, shows Twin Spin and Fruit Shop alongside them, and calls the catalogue a collection of some of the most recognisable titles and characters in online gaming. Its owner also states that NetEnt introduced some of the first modern slot mechanics, including two-way paylines, respins and expanding wilds, which then became standard, and that it later added Avalanche, in which new symbols cascade onto the reels once a payline completes. It describes the studio today as offering an extensive portfolio of online slots on a scalable gaming platform, with a selection of classic random-number table games alongside them.

Where It Is Licensed

NetEnt does not appear on a public register in its own name. Its own site states that Evolution Gaming Malta Limited, a Maltese company with registration number C 44213, is licensed and regulated by the Malta Gaming Authority under licence MGA/CRP/187/2010, issued on 8 April 2022, and it is under that licence that the content is supplied.