17 Dec 2018 07:00
LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME
GAN Announces Launch of Simulated Gaming Website for Pearl River Resort in Choctaw Mississippi
Represents 14th Simulated Gaming™ Launch Throughout U.S.
London & Dublin | December 17, 2018: 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, today announced the launch of the Simulated Gaming Website for the Pearl River Resorts portfolio, consisting of 3 casinos in Choctaw, Mississippi. Customers can play at https://freeplay.pearlriverresort.com.
GAN previously announced the partnership with Mississippi's Choctaw Indians on April 30, 2018 and can be found here. The Company has since launched the Simulated Gaming Website on schedule and has seen a strong initial response from a new regional US gaming market. Pearl River has also agreed to license GAN's US Patent addressing loyalty awards linking, marking the 14th US client to do so.
Management Commentary
Dermot Smurfit, CEO of GAN commented:
"Pearl River is one of America's largest Native American casino resort properties, and the largest casino resort in Mississippi. This represents a brand new, strategic market for GAN, and we look forward to working with Pearl River to grow their Simulated Gaming business in the coming months. In the first half of 2018, GAN grew gross purchases by players by over 52% due to both new launches and existing expansion. GAN now has successfully launched Simulated Gaming websites for 14 clients across 11 states, and we continue to see incremental opportunity to scale this segment through online/on-property marketing activity and working with our casino partners to expand user interaction and engagement."
About GAN Plc
GAN is a leading business-to-business ("B2B") supplier of internet gambling software-as-a-service solutions ("SaaS") to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.
GAN is listed on the London Stock Exchange (LSE: GAN) and on the Irish Stock Exchange (ISE: GAME).
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 |
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| UK & Ireland Investors: Walbrook PR |
| Paul Cornelius |
| GAN@WalbrookPR.com |
| +44 20 7933 8780 |
| Davy (Nominated Adviser, ESM Adviser and Joint Broker) |
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| John Frain / Barry Murphy |
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| +353 1 679 6363 |
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|
Liberum (Joint Broker) |
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| Neil Patel / Cameron Duncan |
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| +44 (0) 20 3100 2000 |
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GAN.L (GAN)