30 May 2017 07:00
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GAN plc
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LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME
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Appointment of Joint Corporate Broker
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GAN appoints Liberum as Joint Corporate Broker in the UK, effective immediatelyĀ
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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.
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This appointment will provide the Company with another voice within the UK capital markets & investment community.
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GAN | Overview
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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
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The Company has developed an Internet gaming enterprise software system, GameSTACKā¢, 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.
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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).
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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.
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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.
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In the United States for Simulated Gamingā¢, GAN has partnered with an increasing number of major land-based US casinos coast-to-coast. In New York, GAN has launched a Simulated Gamingā¢ website via www.EmpireCityCasino.com in September 2014. In Pennsylvania, GAN launched a Simulated Gamingā¢ 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 Gamingā¢ 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 Gamingā¢ launched in November 2015. In October 2015, American Casino & Entertainment Properties (ACEP) chose GAN's Simulated Gamingā¢ launched in December 2015. In December 2015, Borgata Casino Hotel & Spa chose GAN's Simulated Gamingā¢ launching in H1 2017. Also in December 2015 Lady Luck Interactive, a wholly-owned subsidiary of Isle of Capri Corporation, chose GAN's Simulated Gamingā¢ and launched in July 2016. In February 2016 Rock Gaming (re-branded as JACK Entertainment) chose GAN's Simulated Gamingā¢ 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 Gamingā¢ and launched in November 2016. In April 2016, the owners of major tribal casino WinStar World Casino and Resort chose GAN's Simulated Gamingā¢, which launched in May 2017. In June 2016, Tribal casino operator TurningStone Casino Resort chose GAN's Simulated Gamingā¢ and launched in March 2017. In July 2016 Nevada's Station Casinos chose GAN's Simulated Gamingā¢ 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.
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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.
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For more information please visit www.GAN.com
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For further information please contact:
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GAN | Investors: The Equity Group |
Dermot Smurfit | Adam Prior |
Chief Executive Officer | aprior@equityny.com |
+44 (0) 20 7292 6262 | 212.371.8660 |
dsmurfit@GAN.com | Ā |
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Ā | Davy (Nominated Adviser, ESM Adviser and Joint Broker) | Ā |
Ā | John Frain / Barry Murphy | Ā |
Ā | +353 1 679 6363 | Ā |
Ā | Ā Liberum (Joint Broker) | Ā |
Ā | Neil Patel / Cameron Duncan | Ā |
Ā | +44 (0) 20 3100 2000 | Ā |
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