Legal & Regulatory News

Stockholm-listed casino games developer NetEnt has confirmed receipt of a conditional iGaming license from the Pennsylvania Gaming Control Board (PGCB).

NetEnt subsidiary NetEnt Americas has been granted an Interactive Gaming Manufacturer Conditional License, allowing the supplier to deliver its online casino games in the newly regulated market in Pennsylvania.

NetEnt has already signed customer agreements with several licensed operators in the state, including Greenwood Gaming and Entertainment’s Parx Casino and Penn National Gaming.

It is preparing to launch its games as soon as the market opens, although a formal market opening date has yet to be announced by the PGCB.

“We are very pleased to be in the first round of approved vendors to conduct online gaming in Pennsylvania,” said NetEnt Americas managing director Erik Nyman. “This fits well with our strategy to be live with our products at the first day of market opening.”

Shares in NetEnt AB (STO:NET_B) rose 2.36 per cent to SEK34.99 per share in Stockholm Thursday morning.