NNetEnt
Headquarters: Stockholm, SE · Founded 1996
Overview
NetEnt (Net Entertainment) was founded in Stockholm in 1996 by Pontus Lindwall, emerging from Cherryforetagen, one of Sweden's oldest gambling companies. It was acquired by Evolution AB in December 2020 for approximately 1.9 billion EUR. The studio now operates as an independent brand within the Evolution group.
Key innovations
NetEnt was among the first developers to build a fully HTML5-based game delivery platform, launching NetEnt Touch in 2011. Gonzo's Quest (2011) introduced the Avalanche mechanic, replacing traditional spinning reels with cascading symbols.
Notable titles
Starburst (2012), a low-volatility slot with expanding wilds and 96.09% RTP, became the most widely distributed online slot in history. Dead or Alive II (2019) offers 96.82% RTP with a maximum win of 100,000x.
RTP and licensing
NetEnt titles typically ship with a headline RTP between 95% and 97%. The studio holds licences covering Malta, the United Kingdom, Gibraltar, Belgium, Romania, Spain, and several US states.
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