Even though NetEnt was founded in 1996, the company’s history goes way back, back to a time when they were known as Cherry. Cherry had to change its complete business model as there was a ban on slots during the ’70s. it was in 1984 that acquired many of the Swedish gaming companies. And from 1986 to 1991, they were providing slot machines to a lot of East European countries.
During the time that the internet was gaining momentum in its development, Cherry made a move into the world of the iGaming Industry, and the Cherry group was able to grow.
in May 2015, NetEnt was created, having been called Net Entertainment previously. Lindwall managed to get some of the biggest companies to invest in NetEnt, these companies invested 75 million SEK into NetEnt, this was in the region of 8.5 million euros. The result of this was a very successful gaming provider been created named NetEnt. They turned out to be one of the fastest-growing, leaders in the software provider business in all the history of the online gambling industry.
Out of all the various gaming software provided by NetEnt, Live games, Table games and not forgetting their huge range of online slots. It is the slot genre that allowed NetEnt to make a name for themselves. The reason for this is that they have produced some outstanding slots, with superior graphics as well as animations, plus there are a host of unique features that are incorporated into their slots that keep there players wanting to keep returning to play again. Apart from the greatly designed and innovative slots, the winning potential was something every player is looking for and this also boosted their popularity in the iGaming industry. The company is among one of the oldest providers to deliver premium slots and casino games. A few years ago Netent Live was introduced which provided players with tables and live casino games such as Roulette and Blackjack.
One of the first Platinum and most popular games released by NetEnt was called Gonzo’s Quest. This was followed closely by Starburst, this was a futuristic game, that had some excellent quality 3D graphics. There were also quite a few other favorites that were network-based Jackpot slots such as Mega Fortune and the Hall of Gods. The Creature from the Black Lagoon was a highly volatile slot that was immensely popular due to its massive potential pay-outs.
NetEnt has also done well with releasing titles based on popular movies, this was made possible by them having a very good partnership with 20th Century Studios as well as Universal Studios. They also released NetEnt Rocks, this was in celebration of their 20 years of innovating, and they presented three rock legend bands in their slot machine offerings. The band’s names were Guns ‘n Roses, Jimmy Hendricks, and Motorhead. These three slots became known as the “NetEnt Rocks Trilogy”, and now they are used in combination with Ted Tiger Gaming’s Megaways engine.
NetEnt has spent many years building a good reputation, their ability to offer excellent quality in all their games has given them a name for being one of the leading developers of online games. Having produced some of the best slots across the globe, and even some of their slots have been names best produced. Players will be remembering NetEnt for a very long time to come.