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Time to sell NetEnt shares?

Discussion in 'Online Casinos' started by Nicola, Jan 27, 2018.

    Jan 27, 2018
  1. Nicola

    Nicola Casino Affiliate MM mm1 webmeister

    Occupation:
    Web Developer
    Location:
    Green Park, London
    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.

    [​IMG]

    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?
     
  2. Jan 27, 2018
  3. dunover

    dunover Unofficial T&C's Editor Staff Member CAG PABnononaccred PABnonaccred PABinit mm3 webmeister

    Occupation:
    International Money Launderer
    Location:
    the bus shelter, opposite GCHQ Benhall
    It's the shit slots they keep releasing.
     
  4. Jan 27, 2018
  5. greylady

    greylady The more I learn, the less I know

    Occupation:
    Little Minx :-)
    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.
     
  6. Jan 27, 2018
  7. slotmaster

    slotmaster NOT Slotting it up!

    Occupation:
    Being great and stressed
    Location:
    stressville
    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.
     
    Valhalla likes this.
  8. Jan 27, 2018
  9. Valhalla

    Valhalla The Professional MM

    Occupation:
    Poker Player
    Location:
    Northern Ireland
    They peaked with Dead Or Alive, and even that slot is shit 99.9% of the time.
     
    Nicola, KasinoKing and theapple like this.
  10. Jan 27, 2018
  11. goatwack

    goatwack Calendar Time for Buddy CAG

    Occupation:
    Stuntman
    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:
     
    zellie, Nicola, Deeplay and 1 other person like this.
  12. Jan 28, 2018
  13. brianmon

    brianmon Meister Member webby mm4

    Location:
    uk
    They got too greedy and it backfired on them.

    The more they perfected 'NetEnt variance'. The less people played
     
  14. Jan 28, 2018
  15. BrianGhattas

    BrianGhattas Where's My Handpay?!?

    Occupation:
    Freelancer
    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.
     
  16. Jan 28, 2018
  17. Deeplay

    Deeplay New World Order CAG mm1 webmeister

    Occupation:
    Works For Self
    Location:
    The biG Eu
    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...
     
    Nicola and goatwack like this.
  18. Jan 28, 2018
  19. KasinoKing

    KasinoKing WebMeister & Slotaholic.. CAG MM PABnonaccred webmeister

    Occupation:
    House-Husband and Casino Advisor
    Location:
    Bexhill on sea, England
    Sell!
    Neteller weer once "gods" - but now bend over to all UK government "regulations". :mad:

    KK
     
    Nicola likes this.
  20. Jan 28, 2018
  21. plasticnote

    plasticnote Senior Member

    Occupation:
    trader
    Location:
    Australia
    Industry research that Tighter slots actually hurting casino revenue. Might be the case for netent.
     
    Nicola likes this.
  22. Jan 28, 2018
  23. Mr Wild

    Mr Wild Experienced Member

    Occupation:
    Online Casino
    Location:
    Malta
    I have recommended people to sell for the last 10 months.
     
    Nicola and ed skull murphy like this.
  24. Jan 28, 2018
  25. theapple

    theapple Senior Member

    Occupation:
    eh
    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 :)
     
    Nicola likes this.
  26. Jan 28, 2018
  27. trancemonkey

    trancemonkey Meister Member

    Occupation:
    Games Producer
    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...
     
  28. Jan 28, 2018
  29. slotmaster

    slotmaster NOT Slotting it up!

    Occupation:
    Being great and stressed
    Location:
    stressville

    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.:)
     
    trancemonkey likes this.
  30. Jan 28, 2018
  31. goatwack

    goatwack Calendar Time for Buddy CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    So Trancemonkey, any news on the slot tester job? I've been sat by the phone for weeks now :mad:
     
    slotmaster likes this.
  32. Jan 28, 2018
  33. Lincolnuk

    Lincolnuk Senior Member MM

    Occupation:
    Company owner
    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
     
  34. Jan 28, 2018
  35. trancemonkey

    trancemonkey Meister Member

    Occupation:
    Games Producer
    Location:
    United Kingdom
    Well, two issues... 1. It wasn't a tester job and 2. You didn't apply. Both are bigger drawbacks than an elephants foreskin.
     
    zellie, mcgameboy, Gaz237 and 3 others like this.
  36. Jan 28, 2018
  37. trancemonkey

    trancemonkey Meister Member

    Occupation:
    Games Producer
    Location:
    United Kingdom
    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.
     
    Last edited: Jan 28, 2018
  38. Jan 28, 2018
  39. goatwack

    goatwack Calendar Time for Buddy CAG

    Occupation:
    Stuntman
    Location:
    Londonia
    You must register/login in order to see the link.

    That'll take a while to mentally erase
     

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