Early last week news broke about a £200m purchase of Red Tiger Gaming, the game developer, by rival NetEnt, the Swedish Entrepreneur. Founded in 2014 Red Tiger having its HQ in Isle of Man has been able to establish its foothold as a global entity in the online casino content producing business in the last five years.
NetEnt Slot games are accessible on 400 plus online casinos and are a favorite amongst gamers. This fact was keenly observed by NetEnt management who didn’t waste time announcing their acquirement of Red Tiger early part of this week.
Therese Hillman, NetEnt Group CEO said at a press release on 5 September (Thursday) that “The NetEnt Group warmly welcomes Red Tiger into their fold. The gaming business sees two of the foremost leading tech houses in the world of online gaming come together.”
“We believe we will be able to add value to players and operators alike and increase our mutual global network in association with Red Tiger’s superlative team. This business deal is bound to enhance our worldwide profit.”