NetEnt has signed an agreement to provide online casino games to the new PokerStars New Jersey online gambling site. The company will be applying for a transactional waiver from the New Jersey Division of Gaming Enforcement to launch operations with Amaya Inc.’s online poker brand.
The state DGE has issued transitional waiver to online companies while their full license application in the state i9s under review.
NetEnt has previously announced partnerships in New Jersey with Borgata/bwin.party, Golden Nugget, Resorts Casino, Tropicana/Gamesys and Caesars Interactive Entertainment. PokerStars recently announced that PokerStarsNJ.com will be open to the New Jersey public for real money action from March 21.
“I am very pleased that we have been able to extend our successful partnership with Amaya’s extremely popular gaming brand PokerStars to also include the regulated online casino market in New Jersey,” said Björn Krantz, managing director of NetEnt Americas LLC. in a press release. “PokerStars is one of the biggest online gaming power houses in the world, and the agreement is yet more proof of the trust and confidence that exists in NetEnt’s operational and portfolio capabilities. I am confident that PokerStars’ U.S. player community will enjoy the enhanced player experience offered through our game portfolio.”
In another matter for the company, NetEnt AB announced it has received a ruling from Sweden’s Administrative Court of Appeal in a dispute with the Swedish Tax Agency.
The court approved NetEnt’s appeal and NetEnt will receive 1.8 MSEK in compensation for legal costs in relation to the dispute but apart from this, the ruling will not have any impact on the Company’s reported earnings or financial position, the company said in a press release.
The ruling by the Administrative Court of Appeal concerns the Swedish Tax Agency’s decision to impose additional taxes on NetEnt in the amount of approximately SEK 94.4 million with regards to the financial years 2007–2010, which is the amount that NetEnt has reported as a contingent liability during the course of the dispute, the release said.
And last week NetEnt held its “Innovation Week 2016,” an employee-centered event it bills as “five days of ideas and inspiration.”
The week’s purpose is to reveal new products and platform developments, as well as give NetEnt employees the chance to broaden their workplace horizons through seminars and workshops, along with health and fitness initiatives.
Following previous years’ successes, the doors to the “NetEnt Den” will be reopened, giving employees a chance to pitch their product ideas at senior executives including CEO Per Eriksson and board member Pontus Lindwall.
As part of the innovation drive, NetEnt invited eminent Stockholm School of Economics Professor Micael Dahlén to their offices to give a presentation on creativity and the importance of having fun at work.
“It’s important for innovative companies such as ours to take a step back from our projects and look at the overall picture of the company,” said Simon Hammon, chief product officer of NetEnt . “NetEnt encourages its employees to be creative, and this week we’ll be looking to bring those exciting new ideas to the fore, as well as having some fun along the way.”
