GAN Partners with Chickasaw Nation to Launch Simulated Gaming™, marking GAN’s largest multi-property US client win to date
London & Dublin | August 12, 2016: 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, announces it has partnered with the Chickasaw Nation to launch a social casino experience developed on GAN’s proprietary Simulated Gaming™ platform designed specifically for US land-based casino operators.
Chickasaw Nation owns and operates 20 regional casinos properties in Oklahoma and is GAN’s largest US client win to date. Chickasaw Nation’s largest gaming property, WinStar World Casino and Resort, principally serves the Oklahoma and Texas markets together with the broader Southwestern United States region. This partnership was previously announced by GAN on April 22, 2016 without disclosing the identity of the client. The Chickasaw Nation’s identity can now be disclosed following preliminary licensing of GAN plc by the Chickasaw Nation’s Office of the Gaming Commissioner.
Dermot Smurfit, CEO of GAN commented:
“Later this year we will be truly privileged to bring online the Native American tribal nation in the US operating one of the largest Native American gaming enterprises. Chickasaw Nation’s casino properties serve the Dallas and north Texas metropolitan areas ranked by Facebook among the Top10 highest-revenue cities worldwide for social casino gaming. By combining traditional casino marketing with a multi-million dollar digital marketing commitment, we believe the Chickasaw Nation will quickly secure significant market share online in the region already well served by their land-based gaming enterprise.”
Bill Lance, Secretary of Commerce, the Chickasaw Nation commented:
“GAN is a specialist B2B Internet gaming solution provider. We were particularly interested in this partnership because, unlike many casino equipment manufacturers that also operate competing social casinos online, GAN does not operate its own B2C social casino. The Simulated Gaming model integrates with our on-property rewards program and will serve as a vehicle to explore the fast-growing US social casino market. The GAN model will also introduce our brands and gaming opportunities to a nationwide audience of casino game players.”
London | January 31, 2020: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, has agreed to supply its Simulated Gaming software to the Snoqualmie Indian Tribe (the “Client”), with new services anticipated to launch to customers in H1 2020.
The Snoqualmie Indian Tribe owns and operates the Snoqualmie Casino located in Snoqualmie, Washington, about 25 miles east of Seattle. The casino features a 51,000-square-foot gaming floor, offering 54 classic table games and 1,700 slot machines, and is a sponsor and branding partner of the Seattle Seahawks, its local NFL team. The agreement with GAN will enable the Client to provide an expanded suite of online gaming and services throughout the region and beyond.
London | January 31, 2020: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today provided a trading update ahead of its preliminary results for the year ended December 31, 2019 (FY 2019).
2019 Financial Highlights
Trading for FY 2019 is expected to be ahead of market expectations with year-over-year revenue growth in the range of between 115% and 120% and year-over-year EBITDA1 margin in the range of between 30% and 35%, which compares to prior-year EBITDA1 margin of -14%. GAN ended FY 2019 with a strong, debt-free balance sheet and positive cash flow for the year.
London | January 17, 2020: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on January 16, 2020, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of December 2019 in Pennsylvania.