18+ only. These are free demo games and no real money is involved. Gambling can be harmful, so please play responsibly. Free support is available at BeGambleAware.org.
At a glance
| Founded | 1996, Stockholm, spun out of the Swedish casino operator Cherryföretagen |
|---|---|
| Listed | Stockholm stock exchange, 2009 (until the Evolution acquisition) |
| Ownership | Part of the Evolution group since late 2020 |
| Known for | Starburst, Gonzo’s Quest and Blood Suckers, and a back catalogue that remains in distribution |
Company history
NetEnt was founded in 1996 in Stockholm, spun out of the Swedish casino operator Cherryföretagen, and listed on the Stockholm stock exchange in 2009. In September 2019 it announced the purchase of Red Tiger for £220 million.
Evolution announced its offer for NetEnt in June 2020 and completed the acquisition in late 2020, in a deal valued at about SEK 19.6 billion. NetEnt has continued to publish slots under its own brand within the Evolution group, and its older titles remain in distribution. Its sister studios in the group include Big Time Gaming.
Game history and notable releases
Mega Fortune, the studio’s progressive jackpot slot, dates from 2009. Gonzo’s Quest followed in 2011 and Starburst in 2012. Our reviews cover Starburst, Gonzo’s Quest and Blood Suckers, which sits at the low-volatility end of the catalogue.
Financials
NetEnt no longer reports as a listed company. The public figure is the value of the Evolution deal.
| Figure | Amount | Period | Source |
|---|---|---|---|
| Evolution acquisition of NetEnt | About SEK 19.6 billion | Announced June 2020, completed late 2020 | Gambling Insider, timeline of Evolution acquisitions |
| NetEnt acquisition of Red Tiger | £220 million | Announced 5 September 2019 | Gambling Insider, timeline of Evolution acquisitions |
Figures retrieved 4 October 2026. We publish reported figures only, never estimates.
Our NetEnt slot reviews
Sources
Read on 4 October 2026.
18+ only. These are free demo games and no real money is involved. Gambling can be harmful, so please play responsibly. Free support is available at BeGambleAware.org.