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GAN inks deal with US gambling operator Jack Entertainment
19th Sep 2019 08:33
(Sharecast News) - Gambling software provider GAN announced a new agreement with JACK Entertainment on Thursday, which it said had chosen it 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 it operates.
The AIM-traded firm described JACK as an existing client of GAN's Simulated Gaming Enterprise Platform, since October 2016.
It said the announcement demonstrated the strategic value to GAN of establishing relationships with United States casinos in advance of relevant intra-State US 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 included more than 4,000 team members, 40 bars and restaurants, 375,000 square feet of gaming space, and generated more than $800m in revenues.
GAN said the deal would see it deliver its enterprise platform, including the US-patented 'iBridge Framework' linking the 'GameSTACK', to JACK Entertainment's existing casino management system deployed in Ohio.
The platform was expected to be operated from intra-state infrastructure, entirely deployed in the state of Ohio
"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," said GAN chief operating officer Jeff Berman.
"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."
The AIM-traded firm described JACK as an existing client of GAN's Simulated Gaming Enterprise Platform, since October 2016.
It said the announcement demonstrated the strategic value to GAN of establishing relationships with United States casinos in advance of relevant intra-State US 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 included more than 4,000 team members, 40 bars and restaurants, 375,000 square feet of gaming space, and generated more than $800m in revenues.
GAN said the deal would see it deliver its enterprise platform, including the US-patented 'iBridge Framework' linking the 'GameSTACK', to JACK Entertainment's existing casino management system deployed in Ohio.
The platform was expected to be operated from intra-state infrastructure, entirely deployed in the state of Ohio
"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," said GAN chief operating officer Jeff Berman.
"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."