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Mississippi Band of Choctaw Indians selects GAN

30 Apr 2018 07:00

RNS Number : 4727M
GAN PLC
30 April 2018
 

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

 

Mississippi Band of Choctaw Indians selects GAN for Simulated Gaming

 

Three MBCI owned casinos to offer Simulated Gaming in H2 2018

 

London & Dublin | April 30, 2018: 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, today announces the Mississippi Band of Choctaw Indians ("Client") as a new client of Simulated Gaming anticipated to launch in H2 2018.

 

The Mississippi Band of Choctaw Indians owns and operates Pearl River Resort whose portfolio of assets includes Silver Star Hotel & Casino, Golden Moon Hotel & Casino, Dancing Rabbit Golf Club, and Geyser Falls Water Theme Park located in Choctaw Mississippi.

The Mississippi Band of Choctaw Indians also operates the Resort's sister property, Bok Homa Casino located in Sandersville, Mississippi. Pearl River Resort is a major gaming destination for residents of Mississippi and Alabama offering 1,000+ hotel rooms together, with over 2,400 slot machines, 69 table games, 14 table elevated poker room, and bingo room which seats up to 306 players.  Bok Homa Casino provides players with over 720 slot machines, 12 table games, and a bingo room which seats up to 236 players.

 

Highlights

 

· Major client win in a new regional US gaming market reinforces GAN's market position as the leading B2B enterprise software solution provider to 'bricks and mortar' US casino.

 

· Fourteenth US casino operator to license GAN's US Patent to permit patrons to link reward cards to their online Simulated Gaming account and receive reward points automatically triggered by the patrons' diverse online activities.

 

· Fifth major Native American casino operator in the United States to select GAN since the launch of Simulated Gaming.

 

· Optional real money Mobile On-property Gaming, at the Client's election, reinforcing the relevance of GAN's real money Internet gaming capabilities in support of Simulated Gaming.

 

 

Management Commentary

 

Dermot Smurfit, CEO of GAN commented:

 

"We are enormously privileged to bring one of America's largest and most vibrant Native American casino resort properties online with our Simulated Gaming solution. Pearl River Resort is the largest casino resort in the Mississippi gaming region and we anticipate their audience of patrons will engage heavily with Simulated Gaming."

 

William A. Johnson III, Interim President & CEO commented:

 

"We selected GAN for its proven success in helping casino properties to offer online gaming and for its capability to embed our on-property rewards program into an online experience. Equipped with GAN's Simulated Gaming, Pearl River Resort will now introduce our casino properties online to a wider audience of casino enthusiasts located in adjacent regional markets."

 

 

FAQs about GAN's Simulated Gaming™

 

· Launched in the US by GAN in 2014, Simulated Gaming™ has proven to monetize and retain casino patrons at levels substantially greater than those generally reported by social casino operators.

 

· Supported by 306 months of operating data, Simulated Gaming™ is now proven to drive increased visitation on-property among high-value casino patrons.

 

· US casino operators report more than 50% of their surveyed casino patrons are already engaged in playing multiple Social Casinos online. Simulated Gaming™ enables land-based US casinos to increase their 'share of wallet' among existing patrons as well as reactivate long-term lapsed patrons to return on-property.

 

 

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™, which it licenses principally to land-based US casino operators as a turnkey technology solution for both regulated real-money and/or virtual Simulated Gaming. GAN has fourteen (14) casino operators as clients of Simulated Gaming coast-to-coast across the US and Internationally; two (2) clients of real money Regulated Gaming in New Jersey; one (1) client of real money Regulated Gaming in Pennsylvania and ten (10) clients of real money Regulated Gaming in Europe.

 

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. 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

US 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

 

 

UK & Ireland Investors: Walbrook PR

 

Paul Cornelius

 

GAN@WalbrookPR.com

 

+44 20 7933 8780

 

 

Davy (Nominated Adviser, ESM Adviser and Joint Broker)

 

 

John Frain / Barry Murphy

 

 

+353 1 679 6363

 

 

 

Liberum (Joint Broker)

 

 

Neil Patel / Cameron Duncan

 

 

+44 (0) 20 3100 2000

 

 

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFILSLITFIT
Date   Source Headline
22nd Mar 20161:00 pmRNSPosting of Circular
21st Mar 20165:34 pmRNSResult of Placing
21st Mar 20162:17 pmRNSProposed Placing
19th Feb 20167:00 amBUSStatement re GAN to provide Regulated Gaming for Leading New Jersey Casino
12th Feb 20165:53 pmBUSStatement re GAN to provide Simulated Gaming™ for Leading Midwestern Casino Group
23rd Dec 20157:00 amBUSStatement re GAN to launch Isle of Capri Simulated Gaming
22nd Dec 20154:35 pmBUSStatement re GAN to launch Borgata Simulated Gaming
1st Dec 20157:00 amBUSStatement re GAN Launches Maryland Live Social Casino
20th Nov 20157:00 amBUSStatement re Major Client launch for GAN in California
9th Nov 20157:00 amBUSStatement re Appointment of Michael Daly
19th Oct 20157:00 amBUSStatement re Major award win in Italy
16th Oct 20159:54 amRNSBlocklisting Interim Review
12th Oct 20155:15 pmBUSDirector/PDMR Shareholding
9th Oct 20153:37 pmBUSStatement re partnership with American Casino & Entertainment Properties LLC to launch a Simulated Gaming™ website in the US
1st Oct 20153:44 pmBUSStatement re Foxwoods Resort Casino Announcement
28th Sep 20157:00 amBUSHalf-yearly Report
16th Sep 20157:00 amBUSStatement re Half Year Results Announcement Date
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8th Sep 201512:00 pmBUSStatement re Re-Branding to GAN
2nd Sep 20157:00 amBUSStatement re Opening of new North American Office
26th Aug 20152:00 pmBUSStatement re GameAccount and Incredible Technologies launch MEDUSA
12th Aug 20157:00 amBUSStatement re Partnership with San Manuel Digital
22nd Jul 20157:00 amBUSStatement re Slot Tournaments capability for Simulated Gaming™
30th Jun 20151:12 pmBUSAGM Statement
23rd Jun 20157:00 amBUSStatement re Goodbody Gaming Conference
22nd Jun 20156:00 pmBUSStatement re Successful Launch of Casual Mobile Gaming Platform Complementing Simulated Gaming™
9th Jun 20157:00 amBUSNotice of AGM
13th May 20157:00 amBUSChange of Registered Office
21st Apr 20158:38 amBUSStatement re ‘Casino Platform Supplier’ Award
17th Apr 20152:25 pmRNSDirector/PDMR Shareholding
17th Apr 20159:05 amRNSDirector/PDMR Shareholding
16th Apr 201512:17 pmRNSDirector/PDMR Shareholding
16th Apr 20157:00 amBUSFinal Results
8th Apr 20157:00 amBUSStatement re 2014 Full Year Results Conference Call
27th Mar 20154:40 pmRNSSecond Price Monitoring Extn
27th Mar 20154:35 pmRNSPrice Monitoring Extension
27th Mar 20157:00 amBUSStatement re Launch of EZ Baccarat® online
23rd Mar 20157:00 amBUSStatement re Participation in Morgan Stanley US Online Gambling Forum
9th Mar 20157:00 amBUSStatement re Maryland Live! Casino
27th Jan 20156:10 pmRNSBlocklisting Interim Review
23rd Jan 20154:35 pmRNSPrice Monitoring Extension
20th Jan 201511:03 amBUSHolding(s) in Company
11th Dec 20147:00 amBUSStatement re Deal with Spin Games
19th Nov 20147:00 amBUSStatement re Deal with Parx Casino
20th Oct 20144:58 pmRNSDirector/PDMR Shareholding
6th Oct 201412:09 pmRNSDirector/PDMR Shareholding
30th Sep 20147:00 amBUSStatement re Launch of Simulated Gaming™ Website with Empire City Casino
29th Sep 20147:00 amBUSHalf-yearly Report
29th Sep 20147:00 amBUSStatement re Extension of Simulated Gaming in Australia
22nd Sep 20147:00 amBUSStatement re First On-property Mobile Gaming Client

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