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GAN Announces Agreement with JACK Entertainment

18 September, 2019
 
LONDON STOCK EXCHANGE (LSE): GAN
 
GAN Announces Agreement with JACK Entertainment LLC for Real Money Internet Gambling in the State of Ohio
 
Third Client to Expand into Real Money Internet Gambling as a Result of Successful Implementation of Simulated Gaming
 
London & Dublin | September 19, 2019: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B gambling software and services in the United States and Europe, announces a new agreement with JACK Entertainment LLC (“JACK”), which has chosen GAN as their platform to support sports wagering and online casino gaming should enabling legislation and corresponding regulatory approvals come to pass in the jurisdictions where JACK operates.
 
JACK is an existing client of GAN’s Simulated Gaming Enterprise Platform, available online at www.playJACK.com, since October 2016. Today’s announcement once more demonstrates the strategic value to GAN of establishing relationships with U.S. casinos in advance of relevant intra-State U.S. regulation of real money Internet gambling.
 
JACK and its affiliates own and operate gaming properties in Cleveland, Cincinnati, and Baltimore in addition to racing facilities in Ohio and Kentucky. The complete JACK portfolio includes over 4,000 team members, 40 bars and restaurants, 375,000 square feet of gaming space and generates more than $800 million in revenues.
 
Highlights
  • Delivering GAN’s proven Enterprise Platform, including the US-patented iBridge Framework™ linking the GameSTACK™ to JACK Entertainment’s existing casino management system deployed in Ohio
  • The platform is anticipated to be operated from intra-State infrastructure entirely deployed in the State of Ohio
 
Management Commentary
Jeff Berman, COO of GAN commented:
“Following the completion of a formal and highly competitive process, we’re delighted to win this mandate from JACK which encompasses Internet gaming as well as Internet sports betting should enabling legislation come to pass in Ohio. This moves GAN into a new State with an existing client of Simulated Gaming and once again demonstrates the strategic value of GAN’s technology Platform which offers clients the ability to build an online community of Simulated Gaming players well in advance of real money Internet gambling regulation.”
 
Adam Suliman, Vice President of Sports and Digital Gaming at Jack Entertainment, commented:
JACK Entertainment is excited to take this important step with GAN.  Should enabling legislation pass which authorizes sports wagering or online gaming, we feel confident we will be well positioned to deliver best in class products for our guests.”
 
 
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.  The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino (https://casino.winstar.com) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.
 
GAN is listed on the London Stock Exchange (LSE: GAN).
 
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  
  UK & Ireland Investors: Walbrook PR
  Paul Cornelius
  GAN@WalbrookPR.com
  +44 20 7933 8780
 
  Davy (Nominated Adviser and Joint Broker)  
  John Frain / Barry Murphy  
  +353 1 679 6363  
   
Liberum (Joint Broker)
 
  Neil Patel / Cameron Duncan  
  +44 (0) 20 3100 2000  


To download a PDF version of the release, pleae click the link below. 

GAN Announces Partnership with JACK Entertainment for Real Money Gaming in Ohio.pdf
 
 
 
 

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