GAN Launches Ocean Online Casino in New Jersey

GAN plc (“GAN” or the “Company”), an award-winning developer and
supplier of enterprise-level B2B Internet gaming software, services and
online gaming content in the United States, today announces the Company
has simultaneously launched both real money Online Gaming and Simulated
Gaming for Ocean Resort Casino in New Jersey supported by GAN’s Turnkey
Managed Services comprising technical operations management, software
development, customer services & payments management together with
associated regulatory consultancy.

GAN’s Patent, now licensed to Ocean Resort Casino, will enable the
client’s guests enrolled in Ocean Premier, 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 Internet casino is now available on www.OceanOnlineCasino.com
offering residents of, and visitors to, New Jersey a market-leading
mobile-first Internet casino website/app design with Internet sports
betting expected to be launched as an integrated extension in Fall of
2018 subject to customary commercial and regulatory approvals.

Highlights

This is the fourteenth time GAN has licensed its US Patent to a major US
casino and the second New Jersey land-based casino operator to license
the Patent for both real money Online Gaming and virtual Simulated
Gaming following the licensing & services agreement between GAN and MDDC
(The Borgata) announced December 2016.

Company’s second client of real money Internet gaming in New Jersey
following PaddyPower Betfair plc launch in November 2013 also reliant on
GAN’s enterprise software platform and supporting services.

Management Commentary

Dermot Smurfit, CEO of GAN commented:

“Ocean Resort Casino is a fabulous casino property, unarguably
offering the best quality gaming & 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.”

FAQ’s about New Jersey Internet Casino, GAN’s Patent & US sports
betting regulation

Notes:

1

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 Irish Stock Exchange and the AIM
Market of the London Stock Exchange under the ticker: GAN

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 New
Jersey; one (1) client of real money Regulated Gaming in Pennsylvania
and ten (10) clients of real money Regulated Gaming in Europe.

The Internet Gaming System, developed in London under a UK Gambling
Commission license, is certified to the highest technical standards
currently required by gaming regulators. In January 2018 GAN announced a
strategic partnership with SBTECH, a leading European B2B sports betting
technology provider. In April 2017 GAN was granted a Casino Service
Industry Enterprise license by the New Jersey Division of Gaming
Enforcement being GAN’s first privileged gaming license in the United
States. In May 2018, the US Supreme Court repealed PASPA and GAN
confirmed the H2 launch of sports betting for US clients integrated into
GAN’s enterprise software platform.

For more information please visit www.GAN.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005138/en/

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