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Statement re Slot Tournaments capability for Simulated Gaming™

22 Jul 2015 07:00

GameAccount Network launches real-time Slot Tournaments capability for Simulated Gaming™

ISE: GAME LSE: GAME

London & Dublin | 22 July, 2015: GameAccount Network plc (“GameAccount Network” or the “Company”), an award-winning developer and supplier of enterprise-level B2B internet gaming software and online gaming content in the United States, announces the launch of its real-time Slot Tournaments serving as a powerful complement to its existing Simulated Gaming™ solution.

Highlights

Slot tournaments are an established component of the compelling gaming experience offered by land-based casinos in the United States and are proven drivers of patron acquisition and retention GameAccount Network’s real-time Slot Tournaments now available online for Simulated Gaming™ deliver a compelling Internet tournament gaming experience presented in a manner instantly-recognisable to casino patrons Slot Tournament play is currently offered on several carefully-selected slot titles from five different casino equipment manufacturers, demonstrating the wide range of gaming experiences offered by Simulated Gaming and the Company’s underlying GameSTACK™ Internet gaming system. Additional exciting Slot Tournaments will be launched throughout H2 2015 Online Slot Tournaments for patrons and non-patrons alike have quickly proven to be powerful tools for monetisation, player retention and extending lifetime values, with ARPDAU (Average Revenue Per Daily Active User) derived from Slot Tournament participants more than three times the average ARPDAU for Simulated Gaming Developed in a combination of technologies including HTML5, GameAccount Network’s Slot Tournament capability represents a material development in the Company’s offering, building upon the diverse multiplayer synchronous poker, backgammon and gin rummy tournaments already available in the Company’s GameSTACK™ Internet gaming system The majority of GameAccount Network’s operational US casino operator clients have adopted Slot Tournaments, most recently New York’s Empire City Casino which are now available to play online via www.EmpireCityCasino.com Expected deployment of Slot Tournaments for the Company’s regulated real money Internet gaming markets including New Jersey, the United Kingdom and Italy later in H2 2015

Dermot Smurfit, CEO of GameAccount Network commented:

“Senior executives of major land-based US casinos have described the powerful value slot tournaments deliver on-property. Now GameAccount Network’s real-time online Slot Tournaments are delivering equally powerful value online for clients of Simulated Gaming and extends our product leadership in the marketplace. Now we offer land-based US casinos a comprehensively unique and best-in-class service after years of innovation and investment: Simulated Gaming™ complemented by exciting Slot Tournaments ensuring the online slots experience remains authentic to the slot gaming experience enjoyed by millions of American casino patrons on-property.”

www.GameAccountNetwork.com

For further information please contact:

GameAccount Network

FTI Consulting

Dermot Smurfit Mark Kenny/Jonathan Neilan
Chief Executive Officer
+44 (0) 20 7292 6262 +353 1 6633686

dsmurfit@GameAccountNetwork.com

gameaccount@fticonsulting.com

Davy

John Frain / Roland French
+353 1 679 6363

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 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 and Ainsworth.

GameAccount Network has an established business in Europe, licensing gaming content to UK, Spanish and Italian gaming operators including Bet365, Rank, Lottomatica, Sisal MatchPoint and SNAI.

In the United States, GameAccount Network 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, GameAccount Network has launched a Simulated Gaming™ website via www.EmpireCityCasino.com in September 2014 and launched real-time Slot Tournaments in July 2015. In Pennsylvania, GameAccount has launched a Simulated Gaming™ website www.ParxOnline.com with on-property real money mobile gaming anticipated in 2015. In September 2014 an undisclosed multi-State US casino operator chose GameAccount Network’s Simulated Gaming™ launching early in 2015. In March 2015 Maryland Live! Casino in Maryland chose GameAccount Network to upgrade their existing free-to-play website to a monetized Simulated Gaming™ website, launching in 2015. Also in March 2015 an undisclosed material-size US casino operator chose GameAccount Network’s Simulated Gaming™ launching in 2015.

In Australia, GameAccount Network 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/20150721006716/en/

Copyright Business Wire 2015

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