GAN Extends Simulated Gaming & Patent Licensing Agreement with WinStar World Casino and Resort
Leading tribal operator extends existing contract for an additional two years
Irvine, California | August 17, 2021: GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced the two-year extension of a pre-existing agreement with Chickasaw Nation’s WinStar World Casino and Resort (“WinStar”), a major US operator of simulated gaming available at WinStarOnlingGaming.com.
Chickasaw Nation owns and operates 20 regional casino properties in Oklahoma. WinStar, Chickasaw Nation’s largest gaming property, is a major gaming destination for residents of Oklahoma and Northern Texas, offering nearly 7,500 electronic games and 145 table games, making WinStar’s property one of the largest casinos in the world.
Dermot Smurfit, CEO of GAN, commented:
“We are pleased to further our long-standing relationship with WinStar and the Chickasaw Nation tribe. As anticipated, our simulated gaming offering has enhanced WinStar’s engagement with its patrons, growing both digital and on-property visitation. We look forward to continuing to support WinStar in its ability to capture significant digital market share through our simulated gaming offering which accompanies its well served, land-based gaming enterprise.”
Jack Parkinson, General Manager of WinStar World Casino and Resort, commented:
“GAN has been our social online gaming partner since 2017 and we are excited to expand upon that partnership. GAN’s full service online social casino offering, integrated with our leading rewards program, represents a strategic online experiential product that fosters increased patron engagement outside our traditional retail channels.”
About GAN Limited
GAN is a leading business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the U.S. land-based casino industry. Coolbet, a division of GAN, is a market-leading operator of proprietary online sports betting technology with market leadership positions in selected European and Latin American markets. GAN has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses to land-based casino operators as a turnkey technology solution for regulated real money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.
About WinStar World Casino and Resort
With more games than any other casino in the world, WinStar World Casino and Resort offers more than 8,600 electronic games, 100 tables games including craps and roulette, 55 poker tables, the 3,500-seat Global Event Center, the nearly 1,400-room WinStar World Casino Hotel and two 18-hole championship golf courses. Located just north of the Oklahoma/Texas border along Interstate 35, WinStar World Casino and Resort presents unrivaled gaming action 24 hours a day, seven days a week, world-class entertainers and a wide range of restaurants. For more information visit our website at www.winstar.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding future business opportunities as well as statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason, except as required by law.
Investor Contacts:
GAN
Robert Shore
Vice President, IR and Capital Markets
(610) 812-3519
[email protected]
Alpha IR Group
Ashley Gruenberg or Ryan Coleman
(312) 445-2870
[email protected]