GAN.L Regulatory News (GAN)

16 Jan 2014 07:00

GameAccount Network plc secures partnership with Konami Gaming, Inc.

Leading gaming manufacturer to move online with GameAccount Network

ISE: GAME LSE: GAME

GameAccount Network plc (“GameAccount Network” or the “Company”), a leading developer and supplier of enterprise-level B2B gaming software and online gaming content, announces the formalisation of its strategic partnership with Konami Gaming, Inc. (“KONAMI”) as originally set out in the Company’s Admission Document of November, 2013.

In 2014, the Company will bring KONAMI games online. The Company will also offer its GameSTACK™ Internet Gaming System to land-based casino operators utilising the KONAMI SYNKROS™ gaming enterprise management system.

KONAMI casino slot games locally deployed within the Internet Gaming System will join those available from Ainsworth, Incredible Technologies, Scientific Games, Reel Time Gaming, GamoMAT and Multimedia Games to create one of the widest selections of Class III gaming content available online in Adobe Flash and mobile client applications coupled to the Company’s proprietary range of casino table games and multiplayer skill-based games.

GameSTACK™

GameAccount Network recently deployed its GameSTACK™ Internet Gaming System in New Jersey’s newly-regulated Internet gaming market. GameSTACK™ manages all customer registration, verification and banking and also offers a wide range of Casino Table Games, integrated Poker and diverse Casino Slot Games offered for real money regulated Internet gaming or virtual credits-based Simulated Gaming™ via PC & Mac desktop personal computers and mobile devices.

Compatibility with the exacting regulatory regimes of New Jersey, Spain, Italy and the UK have made the GameSTACK™ Internet Gaming System a world-class regulated, certified and compliant solution for land-based casino operators seeking to move online.

“GameAccount Network is a world-class provider of iGaming solutions. It was critical for us to find a partner who could deliver our game content online in a manner designed to help our casino customers grow their revenues and expand their businesses. Additionally, we selected GameAccount because our views on Internet and mobile gaming strategy align,” explained Steve Sutherland, chief operating officer and executive vice president at Konami Gaming, Inc.

Dermot Smurfit, CEO of GameAccount Network, added: “Working in close collaboration with KONAMI to bring their games online in regulated Internet gaming markets is a unique privilege. Our mobile technology and experience in rendering compelling Class III gaming experiences online secured this long term strategic relationship with a market leading provider of land-based gaming content worldwide.”

www.GameAccountNetwork.com

GameAccount Network | Overview

GameAccount Network is a leading developer and supplier of enterprise-level Business to Business gaming software systems and online gaming content. GameAccount Network 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.

GameAccount Network is also a leading developer of online casino games and converts offline casino slot machines into online equivalents on behalf of third party land-based slot machine manufacturers.

GameAccount Network has an established business in Europe, licensing gaming content to UK, Spanish and Italian gaming operators including, PaddyPower, William Hill, Rank, Lottomatica, Sisal MatchPoint, and SNAI.

In the United States, GameAccount Network has partnered with Betfair Plc to provide Trump Plaza Hotel and Casino with its Internet Gaming System following the introduction of regulated real-money online gaming in New Jersey in November 2013. In Connecticut, GameAccount Network has licensed its Internet Gaming System to the Mashantucket Pequot Tribal Nation (owners and operators of the Foxwoods® Casino Resort) to offer simulated gaming in expectation of intra-state regulation in Connecticut in 2015.

Konami Gaming, Inc. | Overview

Konami Gaming, Inc. is a Las Vegas-based subsidiary of KONAMI CORPORATION (NYSE: KNM). The company is one of the largest providers of slot machines and casino management systems for the global gaming market. For more information about Konami Gaming, Inc., or the SYNKROS gaming enterprise management system, please visit www.KonamiGaming.com.

Copyright Business Wire 2014