Net Entertainment Signs Two New Partnership Deals - 05-15-08

May 15 - Net Entertainment's award-winning Casino Module will be integrated into the systems of two new licensees, according to an announcement by the Swedish company.

The new deals involve two highly popular European gambling companies, namely HappyBet and Simbat Entertainment.

HappyBet is one of Europe's most successful betting shop operators, with hundreds of sites. The company is seeking to incorporate all its online activities through Net Entertainment's user-friendly Casino Module.

The other new licensee, Simbat Entertainment Systems Limited has been part of the online gambling market since 2002 and boasts over 500,000 registered European players.

Johan Ohman, Chief Executive Officer for Net Entertainment, said: "Our continued success in closing new deals shows yet again the strength of our product and service offering. With mounting competition, it is imperative for operators to offer the latest in gaming technology to attract and retain players. The Net Entertainment Casino Module provides the competitive edge operators require."

Simbat Entertainment, which will launch the new product as DRGambler.com and TeleCazino.com later in the year, said about the deal: "The agreement with Net Entertainment will substantially strengthen our offering and further increase our revenues. Our need for a scalable and reliable platform which can cater for our growing business volumes was a key decision criteria in our systems selection."

The award-winning Casino Module has been specially designed to integrate seamlessly and easily into the licensee's existing program infrastructure. The huge advantage of this feature is that operational costs are kept to a minimum and the process is kept as hassle-free as possible.