GameAccount Network Statement re eGaming Review Magazine Awards

 
TIDMGAME 
 
 

GAN wins 'Casino Platform Supplier' and 'Freeplay Gaming Supplier'

Awards at eGaming Review Magazine's North American Awards Ceremony

.

ISE: GAMELSE: GAN

London & Dublin | 28 April, 2016: GameAccount Network plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, announces the win of two prestigious Internet gaming Industry awards in the United States.

Casino Platform Supplier of the Year Award for 2015 and Freeplay Gaming Supplier of the Year Award for 2015 recognizes the skills, expertise and commitment to developing the leading Internet casino gaming platform for both real money Regulated Gaming and free-to-play Simulated GamingT in the United States to land-based casino operators.

Defeating a wide range of also-nominated suppliers, GAN won the Casino Platform Supplier of the Year Award in recognition of its market-leading GameSTACKT Internet gaming system successfully deployed for Betfair Plc in New Jersey's regulated real money Internet gaming market. This is the second year in a row in which GAN has won the Casino Platform Supplier of the Year Award in the US, reinforcing GAN's market position as the leading Casino Platform for real money Regulated Gaming in the US.

For the first time, GAN also won the Freeplay Gaming Supplier of the Year Award for 2015 in recognition of GAN's diverse Simulated GamingT websites and mobile Apps delivered in 2015 to US land-based casino operators located in Connecticut, New York, Pennsylvania, California, Nevada and Maryland.

Dermot Smurfit, CEO of GAN commented:

"Winning two major US Industry awards is a dream come true and a superb recognition of the titanic efforts invested by so many over so few years in building GAN into a market leader in the United States, starting in New Jersey with BetfairCasino.com in 2013 and by year's end 2015 delivering Simulated Gaming for six major US casino operators with several more to launch in 2016. I would like to thank all our people in London, and Las Vegas for their efforts in securing these two well-deserved awards granted on merit by an independent panel of objective Industry experts."

Highlights

 
 
    -- GAN supplies its Internet Gaming System to Betfair Plc in New Jersey's 

regulated real money Internet gaming market powering www.betfaircasino.com

offering over 170 real money casino slots and casino table games from

major recognizable US casino equipment manufacturers.

 
    -- Simulated GamingT is an innovative Internet gaming service designed by 

GAN specifically for land-based US casinos, offering a

gaming-as-entertainment experience across web, mobile and VR together

offering over 200 casino slot and table games, including poker,

backgammon, gin rummy, poker dice and blackjack tournaments.

FAQ's about GAN's Simulated GamingT

 
 
    -- Launched in the US by GAN in January 2014, Simulated GamingT has 

proven to monetize Internet traffic to existing websites operated by

land-based US casinos with average revenue per daily active user

(ARPDAU) of $2.75 in 2014 and $2.82 in H1 2015, as against an original

estimate of $0.60, greatly exceeding equivalent numbers reported by

Social Casino operators on Facebook.

 
    -- Supported by 74 months of operating data across six (6) major US 

casinos' deployments, Simulated GamingT is now proven to drive

increased visitation on-property and in 2014 delivered on average a

28% uplift in on-property theoretical win from increased visitation by

existing patrons who also engage with Simulated GamingT online.

 
    -- US casino operators report up to 50% of their surveyed casino patrons 

are already engaged in playing Social Casinos on Facebook. Simulated

GamingT enables land-based US casinos access to the Social Casino

market worth $3.3 billion annually worldwide in 2015 (source: Eilers &

Krejcik Gaming, LLC) and is proven to increase property visitation

among existing patrons, reactivate lapsed patrons bringing them back

on-property and drive acquisition of new patrons from outside the

typical drive distance to the property.www.GAN.com

For further information please contact:

GANFTI Consulting

Dermot Smurfit Mark Kenny/Jonathan Neilan/Melanie Farrell

Chief Executive Officer

[phone] [phone]

[e-mail]@fticonsulting.com

Davy

John Frain / Roland French

[phone]

GAN | Overview

GAN is a leading developer and supplier of enterprise-level Business to Business gaming software systems and online gaming content. GAN is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAME

The Company has developed an Internet gaming enterprise software system, GameSTACKT, which it licences to online and land-based gaming operators as a turn-key technology solution for both regulated real-money and simulated online gaming. The Internet Gaming System, developed in London under a UK Gaming Commission licence, is certified to the highest technical standards currently required by gaming regulators.

GAN is also a leading developer of proprietary online games with a complementary business converting offline casino slot machines and table games into online equivalents on behalf of major land-based slot machine manufacturers including Aristocrat, Konami, Multimedia Games, Incredible Technologies, GamoMat, Reel Time Gaming, High Flyer Games, DEQ Systems Corp (EZ BACCARAT®) and Ainsworth.

GAN has an established business in Europe, licensing gaming content to UK, Spanish and Italian gaming operators including Bet365, William Hill, Rank, Lottomatica, Sisal MatchPoint and SNAI.

In the United States, GAN has partnered with Betfair Plc to provide its Internet Gaming System following the introduction of regulated real-money online gaming in New Jersey in November 2013. In New York, GAN has launched a Simulated GamingT website via www.EmpireCityCasino.com in September 2014. In Pennsylvania, GAN launched a Simulated GamingT website www.ParxOnline.com in March 2015 with on-property real money mobile gaming anticipated in 2015. In March 2015 Maryland Live! Casino in Maryland chose GAN to upgrade their existing free-to-play website to a monetized Simulated GamingT website, soft-launched in July 2015 and launched integrated with their casino management system in November 2015. In September 2015 major Californian Tribal casino operator San Manuel chose GAN's Simulated GamingT launched in November 2015. In October 2015 American Casino & Entertainment Properties (ACEP) chose GAN's Simulated GamingT launched in December 2015. In December 2015 Borgata Casino Hotel & Spa chose GAN's Simulated GamingT launching in H1 2016. Also in December 2015 Lady Luck Interactive, a wholly-owned subsidiary of Isle of Capri Corporation, chose GAN's Simulated GamingT launching in H1 2016. In February 2016 Rock Gaming (re-branded as Jack Entertainment) chose GAN's Simulated GamingT to support their Ohio-based casino properties launching online in H1 2016. In March 2016 an undisclosed major casino operator in the North East chose GAN's Simulated GamingT launching in H2 2016. In April 2016 an undisclosed major multi-property casino operator in the Southwest chose GAN's Simulated GamingT launching in H2 2016.

In March 2016 GAN launched its first virtual reality (VR) Simulated Gaming application containing authentic Class III slot machines compatible with Oculus Rift VR headsets and available to download from New York's Empire City Casino Simulated Gaming desktop website located at http://play.EmpireCityCasino.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160428005678/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

April 28, 2016 04:08 ET (08:08 GMT)