LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME
GAN launches Simulated Gaming™ for Twin River
Experience fully integrated with Rhode Island properties’ Rewards Program
London & Dublin | December 2, 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, announced that it has launched online Simulated Gaming™ for Twin River Management Group, Inc. (“Twin River” or “the Client”) in Rhode Island.
Twin River Casino in Lincoln, Rhode Island offers over 4,200 slots, 113 table games, more than 162,000 square feet of gaming space, a major event venue and several bars and restaurants.
Phil Juliano, SVP & Chief Marketing Officer of Twin River Management Group, Inc. commented:
“GAN has worked closely with our marketing team, as well as our regulators, in order to strike a pragmatic balance between social casino gaming and regulated player protection features, ensuring our Simulated Gaming™ website and mobile apps were launched with a competitive market offering. We are finally in the digital space, allowing our guests another way to play.”
Dermot Smurfit, CEO of GAN commented:
“Twin River brings GAN’s market-leading Simulated Gaming experience back online in the lucrative regional New England gaming market. Twin River guests have already warmly received the online experience delivered by GAN, which is strengthening Twin River’s guest relationships on-property.”
FAQ’s about GAN’s Simulated Gaming™
About Twin River Management Group, Inc.
Twin River Management Group owns and manages two casinos in Rhode Island and one in Mississippi, as well as a Colorado horse racetrack that possesses 13 OTB licenses. Properties include Twin River Casino in Lincoln, RI, Newport Grand Casino in Newport, RI, Hard Rock Hotel and Casino in Biloxi, Mississippi and Arapahoe Park in Aurora, Colorado. TRMG is a wholly-owned subsidiary of Twin River Worldwide Holdings, Inc. For more information, visit www.twinrivermanagementgroup.com
About Twin River Casino
Twin River Casino is a world-class gaming, dining and entertainment destination with over 4,200 slot machines, 113 Table Games, Simulcasting, an Event Center, a Comedy Club and a host of dining options. For more information, visit www.twinriver.com.
For further information please contact:
Chief Executive Officer
+44 (0) 20 7292 6262
Investors: The Equity Group NY
Senior Vice President
+1 212 836 9606
John Frain / Roland French
+353 1 679 6363
GAN | Overview
GAN is a leading developer and supplier of enterprise-level Business to Business gaming software systems and online gaming content. GAN is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAN
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.
GAN 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 (EZ BACCARAT®) and Ainsworth.
GAN has an established business in Europe, licensing gaming content to UK, Spanish and Italian gaming operators including Bet365, William Hill, Rank, Lottomatica, Sisal MatchPoint and SNAI.
In the United States, GAN 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, GAN has launched a Simulated Gaming™ website via www.EmpireCityCasino.com in September 2014. In Pennsylvania, GAN launched a Simulated Gaming™ website www.ParxOnline.com in March 2015 with on-property real money mobile gaming anticipated in 2015. In March 2015 Maryland Live! Casino in Maryland chose GAN to upgrade their existing free-to-play website to a monetized Simulated Gaming™ website, soft-launched in July 2015 and launched integrated with their casino management system in November 2015. In September 2015 major Californian Tribal casino operator San Manuel chose GAN’s Simulated Gaming™ launched in November 2015. In October 2015 American Casino & Entertainment Properties (ACEP) chose GAN’s Simulated Gaming™ launched in December 2015. In December 2015 Borgata Casino Hotel & Spa chose GAN’s Simulated Gaming™ launching in H1 2016. Also in December 2015 Lady Luck Interactive, a wholly-owned subsidiary of Isle of Capri Corporation, chose GAN’s Simulated Gaming™ launching in H1 2016. In February 2016 Rock Gaming (re-branded as Jack Entertainment) chose GAN’s Simulated Gaming™ to support their Ohio-based casino properties launching online in H2 2016. In March 2016 an undisclosed major casino operator in the North East chose GAN’s Simulated Gaming™ launching in H2 2016. In April 2016 major Tribal casino operator Chickasaw Nation chose GAN’s Simulated Gaming™ launching in late 2016. In June 2016 Tribal casino operator TurningStone Casino Resort chose GAN’s Simulated Gaming™ launching in early 2017. In July 2016 Nevada’s Station Casinos chose GAN’s Simulated Gaming™ launching early 2017. In September 2016 a major existing US casino client nominated GAN to launch real money Internet casino gaming in Europe and other Rest of World regulated markets commencing in H1 2017.
In March 2016 GAN launched its first virtual reality (VR) Simulated Gaming application containing authentic Class III slot machines compatible with Oculus Rift VR headsets and is available to download from New York’s Empire City Casino Simulated Gaming desktop website located at http://play.EmpireCityCasino.com.
London & Dublin – September 17, 2019: 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 September 16, 2019, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of August 2019 in Pennsylvania.Read Full Article
London | 13 September 2019: GAN plc (“GAN” or the “Group”), a leading B2B supplier of Internet gambling enterprise software-as-a-service solutions to the land-based casino industry, announces its operating and financial results for the six months ended 30 June 2019.
· Group Net Revenue of £11.3m (H1 2018: £4.6m), an increase of +145%
· Clean EBITDA1 profit of £3.0m (H1 2018: clean EBITDA loss of £0.3m)
· Profit after tax of £0.7m (H1 2018: loss after tax of £3.0m)
· Basic earnings per share of £0.01 (H1 2018: loss per share £0.04)
· Cash and cash equivalents at 30 June 2019 of £9.1m (£5.5m at 31 December 2018)
· United States accounted for 78% of Net Revenue including £3m derived from patent licensing