Net Group has started its successful story in 1974. In 1974, the founder of Net Group –Besim Tibuk - started the first company - Net Turizm A.Ş. with the aim of delivering a more widespread service to Turkish tourism with a capital of 500 liras with 100 tour guides. During the first decade the company expanded its activities in different fields. As a result of this expansion, Net Holding A.Ş. was founded with a capital of 60 million TL in 1981.
Over this period a lot of changes and establishments were made. The company expanded in different business sectors – tourism, hotels, publishing and etc. Net Holding and Net Turizm started to be traded at Istanbul Stock Exchange.
Net Group started its operations in Northern Cyprus with Merit Cyprus Gardens and Merit Crystal Cove openings. Duty Free Shop was opened in the arrival and departure sections of Antalya Airport International Terminal. Hotel activities continued to expand – 6 hotels were opened.
Merit Lefkoşa Hotel & Casino was opened in Northern Cyprus. Over these years Net Group transformed the casinos into luxury class casinos. The first international Texas Hold’em Poker Tournament was held in cooperation with World Poker Tour in T.R.N.C.
Net Group expanded its Gaming business to Montenegro, Croatia and Bulgaria. Two casinos were opened in Montenegro, one in Croatia and one in Bulgaria. Furthermore, Merit Royal Hotel & Casino, Merit Royal Premium Hotel & Casino and Merit Park Hotel & Casino were opened in Northern Cyprus. Since 2011, Net Group has increased the number of casinos from 3 to 9. In 2014, Net Holding participated in Turkey’s National Lottery Tender.