GAN.L Regulatory News (GAN)

12 Aug 2016 07:00

GAN Partners with Chickasaw Nation to Launch Simulated Gaming™, marking GAN’s largest multi-property US client win to date

ISE: GAME LSE: GAN

London & Dublin | August 12, 2016: GAN 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 it has partnered with the Chickasaw Nation to launch a social casino experience developed on GAN’s proprietary Simulated Gaming™ platform designed specifically for US land-based casino operators.

Chickasaw Nation owns and operates 20 regional casinos properties in Oklahoma and is GAN’s largest US client win to date. Chickasaw Nation’s largest gaming property, WinStar World Casino and Resort, principally serves the Oklahoma and Texas markets together with the broader Southwestern United States region. This partnership was previously announced by GAN on April 22, 2016 without disclosing the identity of the client. The Chickasaw Nation’s identity can now be disclosed following preliminary licensing of GAN plc by the Chickasaw Nation’s Office of the Gaming Commissioner.

Dermot Smurfit, CEO of GAN commented:

“Later this year we will be truly privileged to bring online the Native American tribal nation in the US operating one of the largest Native American gaming enterprises. Chickasaw Nation’s casino properties serve the Dallas and north Texas metropolitan areas ranked by Facebook among the Top10 highest-revenue cities worldwide for social casino gaming. By combining traditional casino marketing with a multi-million dollar digital marketing commitment, we believe the Chickasaw Nation will quickly secure significant market share online in the region already well served by their land-based gaming enterprise.”

Bill Lance, Secretary of Commerce, the Chickasaw Nation commented:

“GAN is a specialist B2B Internet gaming solution provider. We were particularly interested in this partnership because, unlike many casino equipment manufacturers that also operate competing social casinos online, GAN does not operate its own B2C social casino. The Simulated Gaming model integrates with our on-property rewards program and will serve as a vehicle to explore the fast-growing US social casino market. The GAN model will also introduce our brands and gaming opportunities to a nationwide audience of casino game players.”

Highlights

The Chickasaw Nation is the largest multi-property operation to contract with GAN to-date. With nearly 20,000 electronic gaming machines across their 20-property casino enterprise, the Chickasaw Nation engages with well over a million patrons per year; and will bring to their highly-engaged patrons the Simulated Gaming experience in late 2016. The GAN platform allows the casino properties to create new and unique experiences online, such as utilizing GAN’s established skill-based casual mobile gaming capability and emerging virtual reality gaming offering in order to address a broader consumer demographic beyond that of a traditional social casino. GameSTACK™ Internet gaming platform will be installed on-property at WinStar World Casino and Resort in Summer 2016. GAN’s Simulated Gaming delivers a highly relevant Internet gaming-as-entertainment experience reflective of the authentic casino gaming experience and designed to increase brand awareness of Chickasaw Nation casino properties and increase patron visitation. Simulated Gaming™ 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.

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					GAN@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: GAN

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, 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™ launched in November 2015. In October 2015 American Casino & Entertainment Properties (ACEP) chose GAN’s Simulated Gaming™ launched in December 2015. In December 2015 Borgata Casino Hotel & Spa chose GAN’s Simulated Gaming™ launching in H1 2016. Also in December 2015 Lady Luck Interactive, a wholly-owned subsidiary of Isle of Capri Corporation, chose GAN’s Simulated Gaming™ launching in H1 2016. In February 2016 Rock Gaming (re-branded as Jack Entertainment) chose GAN’s Simulated Gaming™ 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 Gaming™ launching in H2 2016. In April 2016 Chickasaw Nation in the Southwest chose GAN’s Simulated Gaming™ launching in H2 2016. In June 2016 an anonymous Tribal casino operator in the North East chose GAN’s Simulated Gaming™ 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.

Chickasaw Nation | Overview

With more than 60,000 citizens, the Chickasaw Nation is the 12th largest federally-recognized Indian tribe in the United States. The Chickasaw Nation has an annual economic impact of more than $2.4 billion in Oklahoma. The tribe has nearly 14,000 employees. A democratic republic with executive, legislative and judicial departments, the tribe's jurisdictional territory includes all or part of 13 counties in south-central Oklahoma.

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