Mobile gaming specialist Nektan has issued a pre-close trading update for the year to June 30.
In a statement, the company said: “The directors expect that growth in revenue for the second half of the year to be positive with an expected total net gaming revenue of £4.24m (H1: £1.63m), an increase of 160 per cent over the first half of the year.
“Player numbers are similarly up, with total cash bets increased by 129 per cent to £104.1m in H2 (H1: £45.4m) and the number of first-time depositors increasing by 77 per cent to 30,997 in H2 (H1: 17,512), reflecting the continued progress of the business.”
During the last 12 months, Nektan has launched 29 new partners on its network and migrated all players and partners to its new Evolve 2 platform.
The company has also added more than 100 games from providers including IGT, NetEnt and Scientific Games.
Jim Wilkinson, chairman of Nektan, said: “The progress in the business this year is encouraging.
“Our focus on building the foundations for continued growth has been positive, with the Evolve 2 platform now established internationally and our business operations maturing as we expand. We plan to develop the business further across both Europe and the US as both mobile casino markets expand.”
New CEO Leigh Nissim takes up his new role on Monday, July 25.
