Is it Possible to Profit from the iGaming Industry without Gambling? Yes, it’s possible when you’re the CEO of a major iGaming company. Eric Persson, the founder and former CEO of NetEnt, exemplifies this reality with his experience. While Persson doesn’t fully disclose his income, experts estimate it to be around $560 million.
This substantial sum is unsurprising given NetEnt’s status as an iGaming powerhouse and Persson’s prominence in the industry. Intrigued by success stories in business, particularly those that resonate with users, I’ve decided to delve deeper into Persson’s personal background, education, and current net worth, with aspirations to further enhance this figure.
Eric Persson’s Current Net Worth
Eric Persson’s current net worth is estimated to be around $560 million. He served as the CEO of NetEnt for several years, and upon the company’s acquisition by Evolution Gaming, he received a substantial share as a co-founder.
In addition to his role at NetEnt, Persson’s wealth can be attributed to holding senior positions at major iGaming companies, his involvement in Maverick Gaming, and significant victories in poker tournaments. His success exemplifies the adage that wealth begets wealth.
The Journey of Eric Persson
Eric’s background is intriguing, showcasing the power of education and ambition in achieving significant success.
Family & Childhood
Born in 1975 in Hoquiam, Washington, Eric Hans Persson is the son of Fridolph Hilman Persson. His grandfather, Hilman J. Persson, immigrated to the United States from Sweden in the late 1800s. Although Eric’s family has ties to European pioneer families and Ashkenazi Jewish ancestry, they do not have Native American roots.
Education
Eric attended local schools before earning a Bachelor’s degree in Sociology, Criminal Justice, and Psychology from the University of Nevada Las Vegas. He furthered his education by studying Communications from 1992 to 1998. Surprisingly, Eric was a member of the Shoalwater Bay Tribe for two years. He completed his Doctorate at Georgetown University Law Center from 1998 to 2001.
Eric’s Dominance: The NetEnt Legacy
In the early 1990s, Eric ventured into computer programming, focusing on slot machines primarily found in brick-and-mortar casinos. Among his notable endeavors during this period was the establishment of NetEnt in 1996, where he served as a co-founder.
NetEnt made its debut on the Stockholm Stock Exchange in 2009. By 2015, the company made a significant stride by entering the lucrative US market, substantially bolstering its value. Eric held the CEO position until 2018, and in 2019, NetEnt was acquired by Evolution Gaming for an unprecedented sum exceeding $2 billion.
Eric’s Diverse Ventures
Eric Persson’s professional journey is captivating, particularly for those intrigued by tales of corporate triumphs. Here are some key highlights:
Eric commenced his career in collaboration with Michael Gaughan, the founder of Coast Casinos. From 2001 to 2003, he served as the Director of Table Games at Prairie Band Casino & Resort. In subsequent years, he held prominent roles, including Senior Vice President and Assistant General Manager at Wheeling Island Casino (2003-2005) and President of Tioga Downs (2005-2006). In 2017, Eric assumed the position of General Manager at Aruze Gaming, later being appointed as President and COO of the same company. Concurrently, he launched Maverick Gaming, his brainchild, which presently oversees 31 casinos boasting 2700 slots, 1300 hotel rooms, 360 table games, and 50 restaurants.
Eric Persson: A Poker Pro and Business Mogul
It’s intriguing to discover that Eric Persson, a seasoned businessman, also excels in the game of poker. Eric honed his poker skills during his time at the University of Nevada-Las Vegas, starting at the age of 18. His interest in the game intensified after completing his studies at Georgetown University Law Center.
With over three decades dedicated to the game, Eric has accumulated more than 30,000 hours of poker gameplay. In a remarkable event in February 2023, Eric made headlines by engaging in a historic $1.9 million pot battle against Patrik Antonius on PokerGo.
Insight into Eric Persson’s Life
Eric Persson’s social media now primarily focuses on his poker career, providing limited insight into his personal interests. However, a post congratulating his daughter on her birthday, celebrated in Miami, hints at his role as a devoted father. Judging from Eric’s appearance, he appears to prioritize a healthy lifestyle and sports.
Eric Persson’s Impact on the Gambling Sector
NetEnt stands as one of the most renowned gambling brands globally, marking Eric’s initial success in the industry. Players worldwide now enjoy acclaimed slots like Gonzo’s Quest and Starburst, thanks to his contributions.
Moreover, Eric’s prowess in poker adds an element of excitement and unpredictability to the industry. Overall, Eric exemplifies how a businessperson can immerse themselves in every facet of their field, fostering innovation and expansion.
