This gaming share is also belonging to a Swedish game manufacturer that has done well. NetEnt (Ticker: NET-B) is today one of the world’s most famous and appreciated game makers of games for online casinos and land-based businesses. Their head office is located on Vasagatan in Stockholm and they have over 700 employees worldwide. Much of their business is located in Malta, which is Europe’s gaming paradise for all virtual gaming activities. Svenska Netent is also investing heavily in the virtual and land-based US gaming market.
When you look at the development of NetEnt and their gaming shares, this can be seen as a relatively good result over the last three years. Here, the value of this share has increased by approximately 10% during this period. Most recently, the value was SEK 75 per share. Lucky are those who went into with their investments in NetEnt. At the time, the value was down to the bottom by just SEK 17 per share. In other words, more than 400% in return on their investment.
Is NetEnt something to keep betting on when things have gone up so much lately? Yes, we think so. This is based on the fact that they are a large and stable company in the gaming industry where their gaming shares have managed to increase in headwinds. Let’s see what happens after the virus pandemic and when the Swedish and international gaming market gets air under its wings again. Then there is great potential for NetEnt to increase even more.