Net Holdings AS engages in the provision of tourism and real estate development services. It operates through the following sectors: Gaming & Lottery, Hotel Management, Real Estate Development and Financial Services. The Gaming & Lottery sector owns Merit Casinos, which owns and operates casinos located in Turkish Republic of Northern Cyprus and Balkan region. The Hotel Management sector operates hotels under Merit International Hotels & Resorts brand, which operate as a hotel chain in Northern Cyprus. The Real Estate Development sector includes business place, office, Shopping Mall, residence, villa, mass housing, hotel and holiday village facility construction. The Financial Services sector include Ekspres Menkul Degerler A.S., which offers brokerage in forex, equities, fixed income, derivatives and mutual funds, as well as services in investment advisory and research. The company was founded on January 5, 1981 and is headquartered in Istanbul, Turkey.