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    NetEnt replacing their CEO

    ValDes

    By ValDes
    in Online Slot Discussions

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    ValDes Premium Member

    ValDes

    Posted
    Posted

    Heya :)

     

    Guess some of you have already been alerted about, but in case you missed this one, NetEnt have officially replaced their CEO Per Eirksson on March 25th. 

     

    Here's the official link - https://www.netent.com/en/per-eriksson-leaves-netent-therese-hillman-appointed-acting-ceo/

     

    Considering the immense influence which NetEnt has over the modern online casino industry, I believe this act would bring some serious consequences in both short and long term perspective. Consequences which each and every one of the fellow online gamblers could feel somehow in the upcoming months IF the acting and then new CEO decide to declare a new and hopefully more players-oriented course of development.  :unknw: 

     

    Your thoughts?   

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    Afi4wins Premium Member

    Afi4wins

    Posted
    Posted

    Well mate...at first glance...that may look like a good and inspiring turnaround...  :p

     

    The same thing happened with Playtech a few years ago...when a new management team took over Playtech...but look at Playtech now...has it become better?...has the games become better? Has anything become better at all???!!! Nope...everything got worse for players!!!  :p

     

    With NetEnt...I sincerely hope the new CEO knows exactly what is expected of him from us players! But where business is concern, players are not even in the big picture!!! That new guy may be more interested in how to get more money for NetEnt...from us players!!!  :p

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    pinnit2015 Premium Member

    pinnit2015

    Posted
    Posted

    I may have mentioned my disdain for Netent in recent times but to be honest it's mainly been their releases over the last few years. They still have some hidden gems. Have they lost key people to other software providers? Heard so. Are they producing games that people like or even want? No.

     

    There is something seriously wrong with their releases. Most gamblers don't want to be playing that low variance dross. Once you're down in their games you rarely come back up - compare that to PNG/BTG that can switch you from 500 down to 2k up in one spin. 

     

    When they released Jungle Spirit i thought they'd turned the corner. A game that could rip you apart but equally had great potential. But no...back to godawful releases like Hotline.

     

    Sacking the CEO won't change it overnight. Even the interim CEO is an accountant  :o What they need is to start making games that pay - forget all these cartoon esque games that are nice and shiny. People want games that will pay. I can only see it getting worse for them. They need to really get in touch with what people want. 

     

    And Microgaming aren't far behind Netent in the above. All become lazy. Fat and Bloated. 

     

    Not all new providers are great - I really don't see the appeal of playing Yggdrasils - their games seem to be getting worse an all. 

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    pinnit2015 Premium Member

    pinnit2015

    Posted
    Posted

    Well mate...at first glance...that may look like a good and inspiring turnaround...  :p

     

    The same thing happened with Playtech a few years ago...when a new management team took over Playtech...but look at Playtech now...has it become better?...has the games become better? Has anything become better at all???!!! Nope...everything got worse for players!!!  :p

     

    With NetEnt...I sincerely hope the new CEO knows exactly what is expected of him from us players! But where business is concern, players are not even in the big picture!!! That new guy may be more interested in how to get more money for NetEnt...from us players!!!  :p

     

    I think they've operated under 'they'll buy it if we churn it up'. And now it's come back to bite them.

     

    What they need to do is hire BTG's Team - this is a company that actively markets a game with a 1 in 600 bonus trigger, that's probably closer to 1000. Do people shy away? No. Now whether that's clever marketing or game design I'll you decide. 

     

    Changing top management more often than not doesn't yield results in many cases. It's more a statement to the Shareholders who were probably going off their nut at the AGM. 

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    LeoDubbed Gambling is my Life

    LeoDubbed

    Posted
    Posted

    It's all about money. Profits profits and more profits, greed, greed and more greed. NetEnt is running on rubbles of rocks and it's a matter of time they will trip and fall. Hotline is their latest release and I haven't play the game with my own money simply because I do not have interest in their games because the low payouts. I really hope the new CEO will make the right turn and makes NetEnt great again but I strongly believe this would not be the case. To me, NetEnt is another lost cause, just like Microgaming and Play'N Go is heading to the top followed by BTG, Thunderkick and GameArt.

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    Afi4wins Premium Member

    Afi4wins

    Posted
    Posted

    Any business-orientated decision is never easy to make! WIth game providers, company's interests always clash with players interests - the two can never go hand-in-hand!

     

    Players demand games that can pay good and huge - providers aim to avoid such disastrous money-draining payouts for survival, so providers may make games that can pay big...but players may need to lose even bigger first to get those big wins...like Bonanza for example.

     

    Is that a good thing to do? Certainly not to me!  :p

     

    Getting the right balance between revenue in and money out is a huge headache for game designers. The equations must be correct and balanced...needing lots and lots of trial runs and corrections to get a nice balance...but game companies don't have time to wait!!! And there lies one of the main problems...  :p

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    • 4 weeks later...
    pinnit2015 Premium Member

    pinnit2015

    Posted
    Posted

    Couldn’t find the previous Netent topic... but after their CEO got hoofed, their Chairman is going. Personal reasons.apparently.

     

    Don’t know if that’s good or bad news for their share price. Looks like a company shuffling its feet uncomfortably.

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    ValDes Premium Member

    ValDes

    Posted
    • Author
    Posted

    Couldn’t find the previous Netent topic... but after their CEO got hoofed, their Chairman is going. Personal reasons.apparently.

     

    Don’t know if that’s good or bad news for their share price. Looks like a company shuffling its feet uncomfortably.

     

     

    Or getting their feet out of the quicksand...for the CEO and Chairman I mean.  :p

     

    New topics referring to changes across NetEnt management merged. ;)

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