GAN heralds positive New Jersey and Pennsylvania developments

British online gaming software supplier, GameAccount Network (GAN), has announced the signing of a deal that has given American land-based casino operator, Greenwood Gaming and Entertainment Incorporated, permission to utilize its platform in order to offer a range of iGaming services to players in New Jersey.

Partner provision:

The London-headquartered innovator used an official Monday press release to declare that the agreement will allow Greenwood Gaming 7BALL and Entertainment Incorporated, which is responsible for eastern Pennsylvania’s giant Parx Casino, to exploit its technology so as to bring ‘Internet sportsbetting and casino gaming’ to players in New Jersey subject to the receipt of approvals from the appropriate ‘regulatory authority.’

Parx Casino premiere:

GAN also stated that the new arrangement has extended a contract inked in July that gave the same Bensalem-based firm the ability to use its platform for a Pennsylvania-facing online casino that is due to be launched in the summer. It detailed that this Parx Casino-branded domain is to offer a plethora of iGaming entertainment to aficionados in ‘The Keystone State’ and will help it to achieve ‘mid to high double-digit percentage year-on-year revenue growth’ as well as positive earnings before interest, tax, depreciation and amortization for 2019.

Licensing success:

Finally, London and Dublin-listed GAN proclaimed that it had positively noted the Pennsylvania Gaming Control Board’s awarding a ‘sports wagering operator license’ to Betfair Interactive US in January. This firm is the parent of daily fantasy sports and online sportsbetting operator, FanDuel Group, which it described as ‘a client for Internet gambling services in the state of Pennsylvania.’

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