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GAN PLC

GameAccount signs flagship deal with US casino operator

"We are truly privileged to bring online one of the largest Native American casino operators in the US," said CEO Dermot Smurfit

Casino
GAN believes the client will quickly secure significant Social Casino market share in the south-west

Simulated gaming specialist GameAccount Network PLC (LON:GAME) has partnered with one of the largest Native American casino operators in the US.

GameAccount Network (GAN) is being coy about the identity of the casino operator, at least until all the regulatory consents and paperwork have been received, but it did reveal the plan is to to launch GAN’s proprietary enterprise-grade social gaming solution, Simulated Gaming, in the south-west of the USA.

Following an extensive diligence process, GAN was selected for its deep capabilities in providing real money and social gaming experiences from a singular technology platform: the GameSTACK Internet Gaming System, GAN said.

“This is a landmark deal for GAN which reinforces the commercial appeal of our unique patented Simulated Gaming model to major US casino operators,” claimed Dermot Smurfit, chief executive of GAN.

“This flagship US casino operator client represents material revenue in 2016 for GAN and is anticipated to generate significant earnings for GAN over the multi-year term of the agreement,” he added.

Quick facts: GAN PLC

Price: £0.67

Market: AIM
Market Cap: £57.09 m
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