Pennsylvania

Casino content developer NetEnt has entered the newly regulated Pennsylvania igaming market through its NetEnt Americas subsidiary, after the state made its long awaiting online debut earlier this week.

First to enter its soft launch phase was the Penn National Gaming’s International Game Technology powered Hollywood Casino, which was quickly followed by Greenwood Gaming and Entertainment’s Parx Casino, whose igaming platform has been supplied by Gan, before SugarHouse Casino made its move.

After being granted an interactive gaming manufacturers conditional licence by the Pennsylvania Gaming Control Board earlier this year, NetEnt has now taken its games live in the Keystone State following a number of successful integrations.

The organisation stresses that more is set to come in the second largest US state to regulate online casino, with a number of customer agreements signed alongside operators in Pennsylvania.

Erik Nyman, managing director NetEnt Americas, commented: “I am very pleased that the market in Pennsylvania has now opened. We are one of the few online casino suppliers offering our games right from the start, and I am convinced that our award-winning online casino games will be much appreciated by players in Pennsylvania.”

Earlier this month weakness in the Nordic countries, and primarily Sweden, resulted in NetEnt reporting declining revenues for the second quarter on the year.

Also issuing a H1 update, the report shows that 4.1 revenue decline in Q2 from SEK 437m (£37.1m) to SEK 419m (£35.6m) contributed to a 3.4 percent drop during the year’s first half, with figures falling from SEK 867m (£73.7m) to SEK 837m (£71.2m).

Driven by fewer players and lower ARPU since the new regulation was introduced at the beginning of the year, outside of the Swedish market, in the 23 jurisdictions that the firm has a presence, revenue grew 1.7 per cent, primarily due to a strong performance in New Jersey, Eastern Europe, Spain and Portugal.