GAN Extends Content Development and Distribution Agreement with Everi Holdings
June 27, 2018
Multi-year deal to develop & distribute 10 Everi slot titles on-board GAN market leading enterprise software platform
Three (3) of Everi’s most popular slot themes, Total Meltdown®, Carnival in Rio®, and Starry Night®, will receive upgrades from previously released online games to HTML5 client applications to be developed by GAN in H2 2018. An additional seven (7) Everi titles will be developed by GAN in HTML5 including marquee slot themes Zoltar™, Peking Fantasy®, Red Carpet®, Mystical Tarot®, Dragons Wild®, Ragtime Riches®, and Wild A Go-Go®.
Development fees received by GAN under the operation of this Agreement will generate a positive contribution to GAN revenues in H2 2018 and H1 2019.
Management Commentary
"We’ve been working closely with Everi since 2013 and are
delighted to extend and enhance our working partnership, to the direct
benefit of all GAN’s operator clients of both Simulated Gaming and real
money Internet gaming in regulated markets. We’re proud to continue
serving as a trusted custodian of Everi’s valuable intellectual property
to be distributed online by GAN for real money Internet gaming into
"Extending our agreement with GAN is a reflection of their commitment to developing quality online high-value slot machine content on their mature technology platform. GAN’s extensive distribution network enables us to deliver our content rapidly into complex real money Internet gaming markets and for Simulated Gaming which has been adopted by an increasing number of major US casino operators who are all valued clients of Everi.”
FAQ’s about GAN’s content aggregation strategy
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GAN develops, hosts and distributes an increasingly diverse range of
Internet casino games implemented on-board GAN’s enterprise software
platform and therefore made available to any and all client operators
of GAN’s enterprise software platform in every jurisdiction in which
GAN’s technology has been deployed including
New Jersey ,Italy , theUnited Kingdom and broader European & RoW Regulated Gaming markets. - GAN has developed and distributed Internet casino games for a wide range of major US & Australian casino slot machine manufacturers. The original gaming ‘math engines’ of the casino games are implemented once within GAN’s enterprise software platform and published together with one or more client applications developed to the manufacturer client’s order in either HTML5 or other native application formats.
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Casino equipment manufacturers rely on GAN for high-quality game
development services as well as access to GAN’s increasing content
distribution network in order to generate gaming content licensing
revenues online by publishing their games online onto websites or apps
delivered to and managed by GAN on behalf of its increasing number of
operator clients in the US and
Europe . - Real money online Regulated Gaming for GAN comprises wholly-regulated and US-compliant Internet gaming where end user players resident in wholly-legal jurisdictions deposit & wager real money while playing casino games online.
Zoltar TM and ©
GAN | Overview
GAN is a leading B2B supplier of Internet gaming enterprise
software-as-a-service solutions to the US land-based casino Industry.
GAN is listed on the ESM Market of the
The Company has developed an Internet gaming enterprise software system,
GameSTACK™, which it licenses principally to land-based US casino
operators as a turnkey technology solution for both regulated real-money
and/or virtual Simulated Gaming. GAN has fourteen (14) casino operators
as clients of Simulated Gaming coast-to-coast across the US and
Internationally; two (2) clients of real money Regulated Gaming in
The Internet Gaming System, developed in
For more information please visit www.GAN.com
About Everi
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company provides casino operators with a diverse portfolio of products including innovative gaming machines that Powers the Casino Floor®, and casino operational and management systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180627005932/en/
GAN
Chief
Executive Officer
[email protected]
or
US
Investors: The Equity Group
[email protected]
or
[email protected]
or
Davy
(Nominated Adviser, ESM Adviser and Joint Broker)
or
Liberum (Joint Broker)
or
For Everi:
Media
Relations
Marketing Communications
Specialist
[email protected]
or
Investor
Relations
JCIR
[email protected]
Source:
