London-listed Nektan has agreed its first global platform deal for its Evolve Lite gaming system with Malta-based Tyche Digital Malta.

Tyche will integrate Nektan's games aggregation platform into the markets in which it operates, and will be responsible for localised licensing. The platform is expected to be live and starting to generate revenue for Nektan this year.

"We are very pleased that our platform has been chosen by Tyche, which further confirms Nektan's evolution into an international B2B business,” said Nektan’s interim CEO Gary Shaw. “Our platform has been built to be applied quickly with no dependence on geographic location, which was a primary driver in Tyche's decision to partner with us. 

“We anticipate significant growth potential in these new markets with new revenue flows expected to commence before the end of this calendar year."

Tyche’s chief technology officer Vyacheslav Grzhybovsky said: "Our decision to work with Nektan was determined by the Evolve platform which allows for quick integration into existing operators who require high quality content. 

“Nektan has both the platform and the content, but the determining factor was its speed of delivery and integration, something which sets Nektan apart from the majority of current gaming platforms."

The Malta-based provider already has deals in place with the likes of Pragmatic Play, Booming Games and Pocket Games Soft.

Shares in Nektan plc (Co. Data) (AIM:NKTN) were trading down marginally by 0.68 per cent at 24.33 pence per share in London earlier Monday.


GIQ Magazine Digital Edition