GAN extends content development and distribution agreement with Everi Holdings
Multi-year deal to develop & distribute 10 Everi slot titles on-board GAN market leading enterprise software platform
London & Dublin | June 27, 2018: 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 that casino technology solutions supplier, Everi Holdings Inc. (NYSE: EVRI), has entered into a multi-year extension with GAN for the development and distribution of ten (10) online slot games based on original Everi game themes. The games will be deployed locally on the GAN Platform for distribution by GAN to its diverse operator clients of Simulated Gaming coast-to-coast in the US and real money Internet gaming in New Jersey and Pennsylvania and in Europe.
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.
Dermot Smurfit, CEO of GAN commented:
"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 New Jersey, Pennsylvania, Italy, and other European markets as well as for Simulated Gaming coast-to-coast across the US."
David Lucchese, Executive Vice President of Digital and Interactive at Everi commented:
"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."