Magnet live in Gibraltar thanks to Nektan sheltering deal

Online slots developer Magnet Gaming is now live with Gibraltar-based operators thanks to a sheltering deal with Nektan.

The sheltering deal, provided by the white label gaming software and services company, offers Denmark-based Magnet access to all available online casinos operating under a Gibraltar licence.

Thomas Nielsen, head of gaming licensing at Magnet, said: “We’ve seen great demand from Gibraltar-based operators to bring our portfolio live, and we’re thrilled that through this sheltering deal with Nektan, we’re now able to.

“Over the coming months we will be announcing several operators who will be launching our games through direct integrations or through our integration partners.”

Nektan is headquartered in Gibraltar, with offices in London, Reno and Hyderabad. It is regulated by the Gibraltar Licensing Authority and the UK Gambling Commission, as well as in the Irish market.

Claire Osborne, commercial director at Nektan, said: “We’re delighted to be able to assist Magnet Gaming’s expansion into Gibraltar.

“Its slot machines are renowned for delivering a rich gaming experience over extended periods, creating significant demand among operators. This licence sheltering agreement will help support Magnet Gaming’s journey to ongoing commercial success.”

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