GAN PLC Appointment of Joint Corporate Broker (4708G)

TIDMGAN

RNS Number : 4708G

GAN PLC

30 May 2017

GAN plc

LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME

Appointment of Joint Corporate Broker

GAN appoints Liberum as Joint Corporate Broker in the UK, effective immediately

London & Dublin | May 30, 2017: GAN plc ("GAN" or the "Company") a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, is pleased to announce the appointment of Liberum as its joint corporate broker, with immediate effect.

This appointment will provide the Company with another voice within the UK capital markets & investment community.

GAN | Overview

GAN is a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry. GAN is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAN

The Company has developed an Internet gaming enterprise software system, GameSTACK(TM), which it licenses 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 Gambling Commission license, 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, Ainsworth, KONAMI, Everi (formerly Multimedia Games), Incredible Technologies, GamoMat, Reel Time Gaming, High Flyer Games and Scientific Games (via DEQ Systems Corp).

GAN has an established business in Europe, licensing gaming content to major European gaming operators including Bet365, Betfair PaddyPower, William Hill, Rank, Lottomatica, Sisal and SNAI.

In the United States for real money Internet gaming, 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 the United States for Simulated Gaming(TM), GAN has partnered with an increasing number of major land-based US casinos coast-to-coast. In New York, GAN has launched a Simulated Gaming(TM) website via www.EmpireCityCasino.com in September 2014. In Pennsylvania, GAN launched a Simulated Gaming(TM) website www.ParxOnline.com in March 2015. In March 2015, Maryland Live! Casino in Maryland chose GAN to upgrade their existing free-to-play website to a monetized Simulated Gaming(TM) 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 Gaming(TM) launched in November 2015. In October 2015, American Casino & Entertainment Properties (ACEP) chose GAN's Simulated Gaming(TM) launched in December 2015. In December 2015, Borgata Casino Hotel & Spa chose GAN's Simulated Gaming(TM) launching in H1 2017. Also in December 2015 Lady Luck Interactive, a wholly-owned subsidiary of Isle of Capri Corporation, chose GAN's Simulated Gaming(TM) and launched in July 2016. In February 2016 Rock Gaming (re-branded as JACK Entertainment) chose GAN's Simulated Gaming(TM) to support their Ohio-based casino properties launched online in October 2016. In March 2016 Twin River in the North East chose GAN's Simulated Gaming(TM) and launched in November 2016. In April 2016, the owners of major tribal casino WinStar World Casino and Resort chose GAN's Simulated Gaming(TM), which launched in May 2017. In June 2016, Tribal casino operator TurningStone Casino Resort chose GAN's Simulated Gaming(TM) and launched in March 2017. In July 2016 Nevada's Station Casinos chose GAN's Simulated Gaming(TM) launching in H1 2017. In September 2016, a major existing US casino client nominated GAN to launch real money Internet casino gaming in Europe and other Rest of World regulated markets commencing in 2017.

In April 2017 GAN was granted a Casino Service Industry Enterprise license by the New Jersey Division of Gaming Enforcement being GAN's first privileged gaming license in the United States.

For more information please visit www.GAN.com

For further information please contact:

 
           GAN             Investors: The Equity 
                                   Group 
     Dermot Smurfit             Adam Prior 
 Chief Executive Officer    [e-mail] 
  [phone]         212.371.8660 
    [e-mail] 
 
 
     Davy (Nominated 
   Adviser, ESM Adviser 
    and Joint Broker) 
   John Frain / Barry 
          Murphy 
     [phone] 
      Liberum (Joint 
          Broker) 
  Neil Patel / Cameron 
          Duncan 
     [phone] 
           2000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 30, 2017 02:01 ET (06:01 GMT)