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Statement re Appointment of Michael Daly

9 Nov 2015 07:00

GAN announces the appointment of Michael Daly as EVP Systems, North America

ISE: GAME LSE: GAME

London & Dublin | November 9, 2015: 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 appointment of Michael Daly as Executive Vice President of Systems, North America. A 13-year veteran of the industry, Michael most recently worked with GAN on a consultancy basis for several months and will now join the team on a full time basis.

Background

CEO of Automated Cash Systems, a Reno based banking technology start-up, where he oversaw the build out of the engineering team and successful approval and deployment of a handheld debit banking system for casino table games; the company's first product Vice President of Online Gaming at SHFL entertainment where he headed the worldwide execution of SHFL's Online Business to Business strategy and managed over 70 people globally Senior Director of Interactive Division Operations at Bally Technologies where he oversaw the creation of their mobile, internet and social division Degree in engineering from the Massachusetts Institute of Technology and an MBA from the University of Utah

New Role

As Executive Vice President of Systems, North America, Michael will be responsible for managing the growing number of relationships with casino equipment manufacturers who work with GAN to bring their machine-based games to life online across desktop and mobile devices. Today GAN has developed and distributes major US casino equipment manufacturers’ online games, which together represent in excess of 25% of a typical US casino gaming floor. Michael will support US manufacturers in achieving their strategic goals in the interactive space, a key knowledge service provided by GAN. Manufacturers are faced with a wide range of considerations and Michael will offer a clear path for delivering a typical manufacturers’ machine-based gaming library online through reliance on the GAN technical infrastructure or through the setup and sale of a proprietary Internet gaming system wholly-owned by the manufacturer and technically supported by GAN. Michael will also work closely with GAN’s Sales, Marketing, and Operations teams on the signing, launch and support of new North American Simulated Gaming and real money Regulated Gaming clients.

Dermot Smurfit, CEO of GAN commented:

“Michael brings a wealth of experience in the emerging US Internet gaming industry combined with a solid background working in the land-based casino sector. His versatility and Industry savvy make him an integral part of GAN expansion in the US market. GAN has a strong history and reputation as the industry leader in the US Internet gaming space, and bringing in consummate professionals such as Michael will ensure that we maintain our position at the forefront of the US casino industry as it continues to move online.”

Michael Daly, Executive Vice President of Systems for GAN commented:

“I'm very excited to be joining the GAN team. GAN's growing portfolio of partnerships with top tier US casino operators and casino equipment manufacturers puts the Company in an exciting market position. I look forward to working with the high calibre of GAN professionals to push the business to new heights.”

www.GAN.com

For further information please contact:

GAN FTI Consulting

Dermot Smurfit Mark Kenny/Jonathan Neilan/Melanie Farrell

Chief Executive Officer

+44 (0) 20 7292 6262 +353 1 6633686

dsmurfit@GAN.com gameaccount@fticonsulting.com

Davy

John Frain / Roland French

+353 1 679 6363

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, GameSTACK™, 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 Gaming™ website via www.EmpireCityCasino.com in September 2014. In Pennsylvania, GAN launched a Simulated Gaming™ 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 Gaming™ website, launched in July 2015. In September 2015 major Californian Tribal casino operator San Manuel chose GAN’s Simulated Gaming™ launching in fall of 2015.

In Australia, GAN has partnered with and launched for a consortium of land-based gaming venue operators the www.Club8Casino.com.au Simulated Gaming™ website.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151108005071/en/

Copyright Business Wire 2015

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