Nektan signs first global platform deal
Nektan (DI)
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15:54 15/05/20
Nektan announced on Monday the signing of its first global platform deal for its Evolve Lite gaming system with Tyche Digital Malta Limited, a Malta based company, boosting its global presence.
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Terms of the agreement, according to the international B2B gaming solutions and services provider, stipulated Tyche's role in merging Nektan's games aggregation platform into the multiple global markets in which it operates, as well as responsibility for localised licensing.
Nektan's current games partners will contract through Nektan into the aggregation platform, the company added, with "the solution" expected to be live while generating income this year, the board said.
Gary Shaw, interim chief executive officer of Nektan, said the company anticipated growth and revenue.
"We anticipate significant growth potential in these new markets with new revenue flows expected to commence before the end of this calendar year."
While Vyacheslav Grzhybovsky, chief Technology Officer of Tyche, commented on Nektan's "speed of delivery and integration".
"Our decision to work with Nektan was determined by the Evolve platform which allows for quick integration into existing operators who require high quality content. Nektan has both the platform and the content, but the determining factor was its speed of delivery and integration, something which sets Nektan apart from the majority of current gaming platforms."