NetEnt Secures Red Tiger In 200m Deal
It has been announced and now confirmed Netent has acquired Red Tiger Gaming. Red Tiger Gaming was firstly established in 2014 and been rapidly growing ever since. They now have over 100 games. Most known for games such as ‘Dragon’s Fire‘, ‘Pirates Plenty‘ and many more. There is a lot of hype over the announcement for ‘Dragon’s Fire Megaways‘, which is coming soon. Now the provider is owned by Netent the casino industry giant. Netent will pay a sum of £200m for 100% of the shares. What will this mean for the future of Red Tiger Gaming? Only time will tell.
Therese Hillman, Group CEO of NetEnt: “I am very pleased to welcome Red Tiger into the NetEnt Group.
“I am very pleased to welcome Red Tiger into the NetEnt Group. The acquisition combines two of the leading and most innovative companies in the online gaming industry. We look forward to working with Red Tiger’s fantastic team to enhance our combined global reach and to offer further value to operators and players. The transaction will provide significant revenue synergies across our markets worldwide” says Therese Hillman, Group CEO of NetEnt.
Gavin Hamilton, CEO of Red Tiger: “This is an exciting new stage of the Red Tiger story and we are delighted to become part of the NetEnt group. Accessing NetEnt’s unparalleled distribution network and geographic footprint will unlock new opportunities for Red Tiger, and will further accelerate our growth.
“At Red Tiger, we’ll remain focused as always on driving further innovation, and we are looking forward to working with NetEnt on how to leverage our combined capabilities to create new products that wow our customers.”