GAN launches online gaming in New Jersey
The company launched its services for Ocean Resort Casino in New Jersey.
US.- GAN plc has announced that the company has simultaneously launched both real money Online Gaming and Simulated Gaming for Ocean Resort Casino in New Jersey supported by its US-patented technology.
GAN’s Patent, now licensed to Ocean Resort Casino, will enable the client’s guests enrolled in Ocean Resort Casino’s loyalty program to sign up online and instantly link their rewards card to their online account, permitting those guests to trade in their reward points earned from on-property gaming for cash online and/or to earn rewards points from Internet gaming, to be subsequently redeemed on-property.
The launch of the casino’s branded internet sports betting is expected in the fourth quarter of the year. The facility is the second one to license GAN’s US patent for delivering converged online-to-retail real money Internet gaming.
Dermot Smurfit, CEO of GAN commented: “Ocean Resort Casino is a fabulous casino property, unarguably offering the best quality gaming and hotel in Atlantic City, which has now been optimized for success by the new ownership and leadership. We’re privileged to bring this immense property to life online, just as it relaunches in the traditional retail casino market.
“We’re excited to deliver not just another ‘me too’ Internet casino, but to also bring online for the first time the capabilities unlocked only by GAN’s convergence Patent which may give casino patrons in New Jersey a compelling economic rationale to play online with Ocean Resort Casino rather than established incumbent casino operators already online in this fast-growing market. Ocean Resort Casino is anticipated to be material to GAN’s revenue and earnings in H2 2018.”
Frank Leone, CEO of Ocean Resort Casino commented: “GAN delivered efficiently and cost-effectively for Ocean Resort Casino and possesses a strategic patent which will give Ocean Resort Casino a competitive advantage with casino guests in Atlantic City who also choose to gamble online. Furthermore, GAN’s proven platform, ‘dual-mode’ Simulated Gaming, as well as real-money Internet gaming and track record of client success in the New Jersey market, are among the many reasons we chose GAN to bring Ocean Resort Casino online in 2018.”