Time to sell NetEnt shares?

Nicola

Closed Account
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Jan 22, 2013
Location
Malta
I've been investing in NetEnt since September 2013 and have enjoyed steady growth (+127% at close of business on Friday) but have noticed signs that a heavy fall is on the way and discussing with other shareholders this week, many are considering selling before the annual results in mid-February.

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Several posters here at CM have reported they don't play NetEnt anymore and we've all experienced the 'egg-timer' effect and the recent closure of Australia and some Eastern European countries also must affect NetEnt's profit.

Last week there was a shareholder conference call with the CEO and CFO - to be honest it didn't sound good at all. The latest quarter (Q4 2017) had operating profit below market expectations along with underlying revenue growth in key markets (UK, Norway, Sweden etc) lower than expected.

Is this a short-term Big Time Gaming effect or a longer term issue with lack of ideas of new games?
 

greylady

A greyhound loves you more than you love yourself!
Joined
Jan 30, 2017
Location
Scotland
All there games are the same, small wins followed by bigger claw backs, people have become wise to them -obviously too confident in their own growth and profits, they missed the ball and ignored the complaints of the players, it has been on the cards for a while.
 

slotmaster

Paleo Meister (means really, really old)
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Apr 2, 2011
Location
Ontario
They should not have banned Canada and I told them this many times. So idiotic decisions once again is the cause of another company's fall.
 

goatwack

I’ll have the cleavage, I mean the special
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Aug 29, 2012
Location
Londonia
They're still amongst the 'Big 3' companies, so let's not be too hasty. They can still knock it out of the park if they feel like it :cool:

They're creatively in a slump, but don't expect BTG to wow us forever. Once you get used to their games and get over the hype you soon realize their games are kind of all the same...

That graph though bears striking similarities to my withdrawal activity over the last five years! :laugh::oops:
 

BrianGhattas

Where's My Handpay?!?
Joined
Mar 8, 2016
Location
Ottawa, Ontario
Net Entertainment can die for all I care. Even if they didn’t block Canada they have tightened their good slots and released a ton of mediocre games the last year. I wager those big wins I got in Dead or Alive, Jack & The Beanstalk, Drive: Multiplayer Mayhem and others in 2016 are much harder to achieve.
 

Deeplay

New World Order
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The biG Eu
They're still amongst the 'Big 3' companies, so let's not be too hasty. They can still knock it out of the park if they feel like it :cool:

They're creatively in a slump, but don't expect BTG to wow us forever. Once you get used to their games and get over the hype you soon realize their games are kind of all the same...

That graph though bears striking similarities to my withdrawal activity over the last five years! :laugh::oops:

Your right in the end they all much the same - no matter taking our coin or giving us coin - its just how we get to those points that is different. Netent are no worse nor better that others when looking at the end results. My play has dropped dramatically the last 3 months since coming back into the "game" . i think what we are seeing with Netent is not down to players falling away , its just so many providers now out there...
 

theapple

Dormant account
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Dec 5, 2013
Location
far far away
cant say im surprised to hear that, as cant remember when was the last time i willingly played netent slot. DoA and netent free spins offers are my only connections with netent at the moment :)
 

trancemonkey

Ueber Meister
Joined
Mar 29, 2013
Location
United Kingdom
One of the guys I work with is moving to NetEnt as Director of Games Product. I told him he has his work cut out. I know what's wrong with NetEnt - it's obvious but whether they can fix it I don't know...
 

slotmaster

Paleo Meister (means really, really old)
Joined
Apr 2, 2011
Location
Ontario
One of the guys I work with is moving to NetEnt as Director of Games Product. I told him he has his work cut out. I know what's wrong with NetEnt - it's obvious but whether they can fix it I don't know...


Another job opening?;) Please make a game like creature of the black lagoon, or flowers or the good net ent games without the risk of getting sued of course.:)
 

goatwack

I’ll have the cleavage, I mean the special
CAG
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Location
Londonia
So Trancemonkey, any news on the slot tester job? I've been sat by the phone for weeks now :mad:
 

Lincolnuk

Senior Member
MM
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Dec 9, 2012
Location
Lincolnshire
Netent issue is more than its games. The Casino world is made up of 2 types of people. Low rollers and high rollers. High rollers are serious and are more vocal around the net. Forums/youtube etc. But high rollers want that one thing...... Bigger wins. So Netent provide this but to achieve it the maths have to be in such a way its going to create a lot more losers. But Netent have failed to research the fact that for every highroller theres 1000,s of low Rollers. And because of this them low rollers who dont have the 1000,s of pounds have moved to other platforms as all they have done is seen wins move further apart. Kind of a larger % of the RTP is coming in less wins and im affraid its not fitting in with the largest area of the market
 

trancemonkey

Ueber Meister
Joined
Mar 29, 2013
Location
United Kingdom
So Trancemonkey, any news on the slot tester job? I've been sat by the phone for weeks now :mad:

Well, two issues... 1. It wasn't a tester job and 2. You didn't apply. Both are bigger drawbacks than an elephants foreskin.
 

trancemonkey

Ueber Meister
Joined
Mar 29, 2013
Location
United Kingdom
Netent issue is more than its games. The Casino world is made up of 2 types of people. Low rollers and high rollers. High rollers are serious and are more vocal around the net. Forums/youtube etc. But high rollers want that one thing...... Bigger wins. So Netent provide this but to achieve it the maths have to be in such a way its going to create a lot more losers. But Netent have failed to research the fact that for every highroller theres 1000,s of low Rollers. And because of this them low rollers who dont have the 1000,s of pounds have moved to other platforms as all they have done is seen wins move further apart. Kind of a larger % of the RTP is coming in less wins and im affraid its not fitting in with the largest area of the market

I'd actually argue that with the exception of Jungle Spirit, it's the other way around. Given they run their own casinos I'm pretty sure they know what games work and what don't so you would think that they would know how to stay safe mathematically and how to try the odd risky game.

Now for all I know that's what they are doing statistically... but I doubt it. I mean Twin Spin Deluxe was a travesty... it would have been Queen of Riches that BTG did, but they took a great brand and ruined it... although my guess is they thought Twin Spin mixed with Aloha would work well.
 
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goatwack

I’ll have the cleavage, I mean the special
CAG
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Location
Londonia

slot_zombie

Senior Member
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Jul 25, 2014
Location
UK
I played that new Phantom In The Opera slot yesterday. £150 on 60p stakes vanished in 90 minutes with zero scatters and, yes, the usual "lose £30 win £12 as a "Big Win" rinse and repeat egg timer. Zero fun. I've had more fun at the dentist. Won't be returning to it or any other new netents.
 

theapple

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Dec 5, 2013
Location
far far away
I'd actually argue that with the exception of Jungle Spirit, it's the other way around. Given they run their own casinos I'm pretty sure they know what games work and what don't so you would think that they would know how to stay safe mathematically and how to try the odd risky game.

Now for all I know that's what they are doing statistically... but I doubt it. I mean Twin Spin Deluxe was a travesty... it would have been Queen of Riches that BTG did, but they took a great brand and ruined it... although my guess is they thought Twin Spin mixed with Aloha would work well.

and thats my main gripe with their slots. They ALL play like Jungle spirit, even those that have 1/10th of its potential. Today i had 29 dead spins in a row on Red riding hood... i know its possible and id expect it from merkur slots but on low variance, low pays slot that %$(# shouldnt be able to happen.

i also think nowadays too much rtp goes into those non*winning wins, stuff like getting 1/10th to 1/2 of your bet back. While it contributes to rtp and casinos earnings its off putting for players because getting 10 dead spins followed by 0.1x win is just demoralizing and doesnt really make you want to keep on playing that slot. Heck today ive played nyx game that paid 1/25th of my bet size... i mean seriously just get rid of that crap.
 

SpinUk

Meister Member
PABnonaccred
MM
Joined
Oct 10, 2012
Location
London
“Plays high variance, pays low variance”.

They think they are being clever by diluting the variance and using up the rtp on micro wins but the game playing public are not stupid.

They have seriously lost their way. And I hate to be smug but I did predict this on here a few months ago. Their games dont pay or have the potential to pay anything anymore and their html5 reskins have all had their varianced flattened too. Great for the casinos, not great for the player.

At the same time look how companies like Merker have come up. A vacuum always gets filled with with something.

They were smashing it for a whole though, but unless they have a big re-think on their future releases I expect a further decline....
 
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SlotGrinder

Senior Member
Joined
Jan 8, 2016
Location
England
Yes , when I hear there is a new netent release I don't feel any curiosity/excitement to play it because you know exactly what to expect . 3 scatters bring a mediocre bonus . Ingame features which pay 2x or 5x etc Nothing much of interest . And the graphics are nothing special either
Compare it to a blueprint game with far superior graphics and way bigger variety of features such as king kong cash or jungle jackpots . These games also pay fairly low variance like netent but they are far more interesting to play . Then you have BTG of course with the insane potential and innovative concepts . Merkurs are simple games but they can pay massive so that ensures their popularity . Novos and microgaming have their followers although a lot of their new releases are a bit samey also . But I can't imagine anyone saying Netent is their favourite provider ? Even quickspin games are more fun and better produced these days !

Netent's last big release was Planet of The Apes I believe and that is a real dud imo . Boring basegame , boring random features that don't pay and scatter bonuses that give you a disappointing 10-50x pretty much always
 

electronictonic

Senior Member
Joined
Jun 23, 2013
Location
UK
“Plays high variance, pays low variance”.

They think they are being clever by diluting the variance and using up the rtp on micro wins but the game playing public are not stupid.

They have seriously lost their way. And I hate to be smug but I did predict this on here a few months ago. Their games dont pay or have the potential to pay anything anymore and their html5 reskins have all had their varianced flattened too. Great for the casinos, not great for the player.

At the same time look how companies like Merker have come up. A vacuum always gets filled with with something.

They were smashing it for a whole though, but unless they have a big re-think on their future releases I expect a further decline....

I agree I have spun in NetNet for years hundreds and thousands of spins and we all see the same thing, massively high variance balance massacre, on low variance games, people have had enough, those of us that have spun them for a long time have had enough of it.
 
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