Respin LLC signs first major contract with Tier-1 US casino operator to launch into the US market

Nektan PLC (AIM: NKTN), a leading international B2B gaming solutions and services provider, announces that Respin Games LLC (“Respin”), Nektan’s US operating subsidiary, has signed its first major contract with a Tier-1 US casino operator to launch its real money in-venue mobile games solution into the US casino market.

Rapid Games™, the casino gaming industry’s first and only independently certified Class II (Protected Tribal Gaming Category) in-resort Bring Your Own Device (“BYOD”) mobile platform, is being launched into a marquee casino in California by a Tier-1 US casino operator with a large footprint in both commercial and tribal markets in the US. Tribal gaming in North America is over a $30 billion annual revenue market (source: NIGC released data for June 2015).

Respin currently has a further five signed Letters of Intent to launch into multiple states in the US, with a strong pipeline of additional interested parties wishing to go live after the platform enters the market.

The Rapid Games™ platform will be completing third party certification in the coming weeks to also offer Class III games (Traditional Casino Slots), with unique machine count tracking technology, to manage numbers of games in-play by game class.