GameAccount Network signs up Capri Casinos subsidiary

News on 23 Dec 2015

Gaming software developer GameAccount Network (now rebranded as GAN), has announced a new US deal with a subsidiary of one of the largest regional casino operating groups in America, Capri Casinos.

The Lady Luck Interactive subsidiary has signed up for GAN’s Simulated Gaming software system, which makes available over 200 online casino games, including slot, table and skill-based games like poker, backgammon, gin rummy, poker dice and blackjack.

Headquartered in St Louis, Isle of Capri owns or operates 14 casinos in Colorado, Florida, Iowa, Louisiana, Mississippi, Missouri, and Pennsylvania. These properties serve nearly 2 million visitors every year.

Lady Luck’s Simulated Gaming offering is expected to go live across web and mobile in the first half of 2016, Dublin-listed GAN said in a statement Wednesday.

GAN has reported further Simulated Gaming success with Atlantic City’s Borgata Hotel Casino and Spa in New Jersey, with a plan to launch a free-to-play online casino for the company in the first half of next year.

The online casino will be integrated with a loyalty rewards program operated under the My Borgata Rewards brand.

GAN CEO Dermot Smurfit, who recently re-located to the States, said in a statement:

“Our exclusive social casino partnership with Borgata is another step in expanding our Simulated Gaming offering in the United States. We’re privileged to bring Borgata, a leading and highly regarded US casino brand, online nationwide in the United States.

“We believe that our Simulated Gaming online experience will positively contribute to Borgata’s real money gaming experience both on-property and online in New Jersey and, in particular, provide an opportunity for delivering a compelling Simulated Gaming experience to the majority of their patrons who live outside of New Jersey.”

The latest corporate reportage for GAN show pre-tax losses rose to GBP 2.6 million in the first six months of 2015 from GBP 908,000 a year earlier, but news of the fresh US deals gave the share price a boost Wednesday morning.

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