LAS VEGAS (March 8, 2018) – Aristocrat has filed a suit in the United States District Court in Nevada against AGS, LLC and PlayAGS, Inc. alleging federal trademark and trade dress infringement, as well as unfair competition.

Aristocrat is defending its proprietary Buffalo™ brand, franchise, and intellectual property.

Aristocrat’s Buffalo is one of the most popular and recognized brands in the gaming industry. The Buffalo series includes the original Buffalo game, as well as many subsequent versions, such as Buffalo Stampede™ and Buffalo Grand™.

“We will aggressively protect our market-leading brands and intellectual property in every jurisdiction. Buffalo is an iconic game franchise and an enduring player favorite. With this suit, Aristocrat is defending the brand and standing up against trademark and trade dress infringement, consistent with the best interests of customers and our company,” said Matt Wilson, Managing Director of the Americas.

Aristocrat filed the complaint on March 6, 2018 and has requested a jury trial. Aristocrat is seeking that AGS be preliminarily and permanently enjoined from all trademark infringement, false designation of origin, and unfair competition. Aristocrat is also seeking damages and other relief.

 

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LAS VEGAS, NV (March 8, 2018) – More than 225 attendees from across the country and around the world converged at the iconic Luxor Las Vegas on March 7th for the first day of Gaming Laboratories International’s (GLI®) 18th Annual Regulators Roundtable.

PHOTOS: Download high res images at this link: http://bit.ly/2DaGSHj

Among the attendees were some of the most recognizable and influential Tribal gaming and state government leaders.

Presented by GLI University® and billed as the largest educational and networking event of its kind for gaming and lottery industry regulators, the two-day conclave is a mix of informative workshops and inspiring general sessions covering a wide range of mission-critical topics, such as advanced game concepts, blockchain technology, skill-based gaming, sports betting, eSports, and technical standards.

A packed general session heard Kerry Bubolz, president of the Vegas Golden Knights NHL hockey team, for an enthusiastically received keynote address highlighting the impact the Vegas Golden Knights have had on both Las Vegas and the sport of hockey in their inaugural year.

Then, GLI President and CEO James Maida took the stage with an address focused on the theme, “Everything we do, we do for you.” He said GLI is expanding its already world-class capabilities with four independent organizations – GLI, Bulletproof, Kobetron™, and SLI Compliance™ – united by the common purpose of continually serving clients better. Maida emphasized that GLI’s nearly 30 years of experience, more than 1,100 global employees, and 21 laboratories are unmatched in the industry.

Maida also stressed that because “bad guys are getting better,” it’s more imperative than ever for regulators to stay ahead of the game, “because the risks are too high for anything else.” He noted that, based on client feedback, GLI is focused on continuous improvement of people, products, and processes; adding that GLI will be expanding its education through free industry leading webinars, creating a technical point of contact for every regulator, and increasing the number of regional seminars.

Attendees also enjoyed a thought-provoking discussion by Maida and Chad Kornett, GLI’s Director of Technical Compliance, on the future of gaming innovation. Maida and Kornett engaged in a lively interchange covering such hot-button issues as cryptocurrency, sports betting, virtual reality, and the emergence of eSports and skill-based gaming.

A highlight of the opening day’s activities was the Innovation Room, where a large crowd of attendees got a glimpse into the future of gaming technology. GLI “brought the lab to you” with up-close-and-personal presentations from Bulletproof and Kobetron. Additionally, students from UNLV’s Center for Gaming Innovation showcased new and emerging technologies.

The exciting opening day of the 2018 North American Regulators Roundtable concluded with an exclusive VIP cocktail reception overlooking the glittering Las Vegas Strip at the top of the Mandalay Bay Resort & Casino. The chic House of Blues Foundation Room was the perfect setting for regulator attendees to meet and mingle directly with more than 160 gaming and lottery suppliers from around the world who joined the event, enjoying this rare opportunity to directly interact with such a large number of regulators.

Maida said, “We thank everyone for coming to support this conference.”

The North American Regulators Roundtable concludes on Thursday, March 8, 2018. More information about the Roundtable can be found at www.gaminglabs.com/roundtable2018.

LAS VEGAS, February 28, 2018 – PlayAGS, Inc. (“AGS” or the “Company”), a leading designer and supplier of electronic gaming machines (“EGMs”) and other products and services for the gaming industry, today announced that the underwriters of the Company’s recent initial public offering (“IPO”) consummated the exercise of the over-allotment option in full and purchased an additional 1,537,500 shares at the IPO price of $16 per share, less underwriting discounts and commissions.  After deducting underwriting discounts and commissions, net proceeds from the over-allotment option totaled approximately $23 million. 

Following the issuance of the over-allotment, AGS has 35,166,288 shares outstanding.

Credit Suisse, Deutsche Bank Securities, Jefferies and Macquarie Capital acted as joint book-running managers and as representatives of the underwriters for the offering.  BofA Merrill Lynch, Citigroup, Nomura, Stifel and SunTrust Robinson Humphrey acted as joint book-running managers for the offering. Roth Capital Partners, Union Gaming, The Williams Capital Group, L.P. and Apollo Global Securities acted as co-managers for the offering.

 

LAS VEGAS, February 20, 2018 – PlayAGS, Inc. (“AGS” or the “Company”) (NYSE: AGS) today announced  it will host an investor conference call and live webcast to discuss its fourth quarter and fiscal year 2017 results on Wednesday, March 14, 2018 at 4:00 p.m. EST. The Company encourages participants to pre-register for the conference call by using the following link: AGS Q4 2017 Earnings Call. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to the call start time. 

To pre-register, click here: AGS Q4 2017 Earnings Call

Investor Conference Call
Wednesday, March 14, 2018
4:00 p.m. EST/ 1:00 p.m. PST

Those unable to pre-register may dial in by calling: 
All participants:  +1 (866) 777-2509 or +1 (412) 317-5413
Conference ID: AGS Q4 Earnings Call

Webcast
To access the live webcast of the call, please visit the Company’s website at http://investors.playags.com and click on “Events”. A replay of the webcast will be available approximately one hour after the webcast and will be archived on the Company’s website for 30 days.

 

LONDON, Feb. 26, 2018 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced that its subsidiary, IGT Global Solutions Corporation (with International Game Technology PLC, hereinafter "IGT"), was awarded the lottery system and other services contract (the "Contract") with the South Carolina Education Lottery ("SCEL") to provide a new draw-based central system, new lottery terminals, a back-up, multifaceted communications network, and ongoing services. The Contract will run for 10 years from the "go live" date of May 13, 2018 and is the result of the State's competitive procurement.

"Since its beginnings, the SCEL has effectively maintained itself as a successful and highly efficient traditional lottery and an essential source of funds for schools and scholarships," said Jay Gendron, IGT COO, Lottery. "To support the SCEL's long-term objectives, IGT will provide customized, high-performance back-office systems, heighten retailer satisfaction, and responsibly deliver sustained net proceeds – all cultivated through a collaborative relationship that puts the SCEL's needs first."

Under the terms of the Contract, IGT will provide the SCEL with industry-leading tools including components of IGT's Aurora™ platform. Aurora Open Retail, a new retail solution software architecture, will enable the SCEL to support multiple types of retailer solution devices in an efficient manner, improving time to market.  Additionally, the SCEL will receive Aurora Navigator user interface and a new set of back-office components for lottery personnel who will have the ability to customize the look and feel of the interface to meet their exact needs, help them better manage their business, and enhance productivity.

The SCEL will also receive IGT's Altura™ Flex draw-based lottery terminal which features a highly-configurable platform derived from the successful Altura GT1200 product, and a smaller footprint. A new reader for play slips is designed to reduce maintenance cycles and improve throughput. A high-resolution wide-screen retailer display will enhance the ease of use and productivity of retailers.

The latest Aurora MultiMedia digital advertising display solution will be provided to stimulate increased brand awareness, winner awareness, and player recognition of jackpots and game activities, directly at the point-of-sale. Ticket-Scan™ Plus will also be installed in retail locations allowing for players to easily check whether their tickets won. The current communications network will be replaced with IGT's patented Dual Comm Inside, comprising a combination of next-generation VSAT and cellular-based technology, providing the SCEL with unparalleled network availability.

IGT is in the process of finalizing the build-out of its primary data center located in Columbia, South Carolina, and will be providing services to the SCEL including installation and maintenance of the new central system, terminals, and communications network; retailer training; and field services. IGT will also provide backup data center services from its Data Center of the Americas facility located in Austin, Texas.

Lucky slot players to set sail on eight-day Caribbean cruise and win seats in a grand finale slot tournament

LAS VEGAS -- IGT, in partnership with Carnival Cruise Lines, is offering operators throughout the U.S. an exciting way to engage and reward loyal slot players via its “Spin-Cation” Slot Championship Promotion. Inspired by the success of IGT’s “Spin N Sail” promotion, “Spin-Cation” enables casino operators throughout the U.S. to send five of their valued players on an eight-day Eastern Caribbean voyage aboard the Carnival Breeze®. Lucky cruisers will set sail with hundreds of fellow slot enthusiasts and have an entry into the ship’s Grand Finale Spin-Cation Tournament that has a guaranteed increasing prize pool that starts at $100,000.

Casino operators can join this promotion by either purchasing IGT’s TournXtreme tournament solution with a bank of slot machines, or by buying into the promotion for a flat fee. The promotion is supported with a full suite of turnkey multi-media marketing solutions, making the campaign easy to deploy and sustain. For more information contact IGT.

LAS VEGAS, February 22, 2018 – PlayAGS, Inc. (“AGS” or the “Company”), a leading designer and supplier of electronic gaming machines (“EGMs”) and other products and services for the gaming industry, today announced that the Ohio Casino Control Commission has approved the Company’s application to begin selling and distributing its Class III EGMs and table game products to commercial casinos throughout the state.

“We are very pleased that the Ohio Casino Control Commission has approved our license application and are confident in our ability to grow our Class III and table game product businesses within this robust marketplace,” said David Lopez, President and CEO of AGS. “This approval will allow us to leverage our already established relationships with many of the state’s casino operators who are eager to begin offering our consistently high-performing products like OrionSM, ICON™, and Bonus Spin™.”

The Ohio Casino Control Commission oversees all commercial gaming in the state, which includes the Hollywood Casino Columbus and Hollywood Casino Toledo, both owned and operated by Penn National Gaming, and the JACK Cincinnati Casino and JACK Cleveland Casino, both owned and operated by JACK Entertainment. Upon approval of its Ohio license, AGS’ total license count has climbed to include 257 different jurisdictions, a 102% increase in total available market opportunity since 2012.

Annual Event Takes Place March 7 and 8 at Luxor Las Vegas

LAS VEGAS (February 20, 2018) – North America’s gaming regulators are facing a rapidly changing gaming landscape, and at its 18^th annual Regulators Roundtable, Gaming Laboratories International (GLI®) will help to bring clarity and focus to today’s most pressing issues.

The Roundtable, presented by GLI University®, will help elevate attendees’ understanding of new and emerging technologies through a mix of panel discussions, live presentations, intimate breakout sessions, and hands-on demonstrations.

“Both technology and consumer behavior in the broader entertainment industry are evolving at a breakneck pace. That means the gaming industry must also evolve to remain competitive against other entertainment offerings. This is why we produce the Roundtable – to shine a bright spotlight on technological trends so that regulators across North America can be as informed and prepared as possible for the industry of tomorrow,” said GLI President and CEO James Maida.

The Regulators Roundtable takes place March 7 and 8 at Luxor Las Vegas and will feature high-level discussions on the potential regulator impact of topics such as advanced game concepts, blockchain technology, cryptocurrency, cybersecurity issues, gaming legislation, skill-based gaming, sports betting and wagering, and technical standards development.

Delivering the keynote address is Vegas Golden Knights President Kerry Bubolz. The Vegas Golden Knights is one of the most successful expansion franchises in sports history, and Bubolz will address major league sports and specifically how the Vegas Golden Knights impact Las Vegas.

In addition to discussions on the main stage, the Roundtable will feature crucial breakout sessions. Plus, back for its second year, the Innovation Room is a mini-lab for up-close and hands-on demonstrations. Guest suppliers will help regulators understand their latest creations, while GLI’s Bulletproof and Kobetron teams will present must-have services and tools for regulators.

More information about the Regulators Roundtable, including agenda, registration and hotel information, can be found at www.gaminglabs.com/roundtable2018.  

LONDON, U.K. – Feb. 20, 2018 – IGT (NYSE:IGT) has committed to enhancing diversity and inclusion across the gaming industry by partnering with the All-in Diversity Project as a founding member and participant in the project’s inaugural year.

The All-in Diversity Project is an industry-driven, not-for-profit initiative that aims to benchmark diversity, equality, and inclusion across the global gaming and betting sectors. Its goal is to measure data and support an open and objective discussion about diversity across the entire industry worldwide.

The project will provide a year-on-year progress update; highlight successes, challenges and opportunities; and make best-practice recommendations on diversity and inclusion (D&I) topics for the gaming industry, such as corporate governance, internal policies, recruitment practices, equal pay, employment legislation, unconscious bias, and marketing.

“The gaming industry is unique and requires its own benchmarking in order to yield the most reliable and applicable data,” said Kim Barker Lee, IGT Vice President of Diversity and Inclusion. “We need an open discussion on industry-specific barriers to inclusion and diversity, and offer opportunities to improve. Understanding where we are today will inform what we need to do to move the bar and make a lasting impact.”

“We sit as the industry’s first and only organization working to help the industry as a collective in terms of D&I,” said Kelly Kehn, Co-Founder of the All-in Diversity Project. “We established All-in Diversity Project, but this initiative should be led by the industry. IGT’s commitment to diversity and inclusion will help serve as a shining example to the industry globally as to leadership on progress toward workplace equality.”

“Gender diversity is not about pushing quotas or agendas,” said fellow All-in Diversity Project Co-Founder Christina Thakor-Rankin: “The All-in Diversity Project is about acknowledging that the expectations and aspirations of the next generation of employees and customers are very different to ours, and we need to make changes now in order to prosper in the future.”

 

LONDON, U.K. – Feb. 20, 2018 – International Game Technology PLC (“IGT”) (NYSE:IGT) has completed a $15 million expansion to accommodate a new, state-ofthe-art instant ticket press at its facility in Lakeland, Florida. The addition of approximately 45,000 square feet allows space for a new instant ticket TRESU press, extra production area, a new shipping and receiving area, secure office space, and secured finish goods storage.

Since the facility first opened in 2009, employment has grown by 112%, representing $11.7 million in annual payroll wages. The expansion is expected to increase full-time employment by an additional 24% by the end of 2021.

“This state-of-the-art facility is part of the economic engine for Lakeland,” said U.S. Congressman Dennis Ross. “This facility benefits both employees and local businesses alike. From construction jobs to expand the facility to IGT using a number of local vendors ensuring the plant is kept up-and-running, the local economy is benefiting from IGT’s investment in Florida, and the Lakeland community.”

“Today is about a strong partnership we’ve developed with the Lakeland Economic Development Council (LEDC),” said IGT COO, Lottery, Jay Gendron. “Working together with the LEDC, IGT has developed relationships with Lakeland businesses and contractors, and we’ve created several new jobs as part of our expansion project. The substantial investment we are making now is a true indication of IGT’s commitment to Lakeland in the years to come.”

The new servo-controlled TRESU press is now operational and will increase IGT’s printing capacity by approximately 30%. The TRESU is the newest in the industry, incorporating the latest advancements in flexography technology, and complements IGT’s current servo-controlled Gallus press, which also utilizes flexography technology.

“The new TRESU press is very important to our printing business and allows us to service our lottery customers in a greater capacity,” continued Mr. Gendron. “The TRESU will complement and expand our current production capabilities, scheduling flexibility, and capacity. In fact, the addition of this second press actually increases production capacity in the overall industry, something that has not been done in more than 13 years.”

LONDON, U.K. – Feb. 14, 2018 – IGT (NYSE:IGT) announced that it has signed a oneyear contract extension with the Arizona Lottery (“Arizona Lottery” or “Lottery”) to continue printing instant tickets. The original five-year print contract was executed in 2010 and included the option for five one-year extensions. This is IGT’s third extension, and runs through January 14, 2019.

IGT will continue providing service and support surrounding instant games, as well as long range planning for future growth. The Arizona Lottery and IGT have had a relationship since 1984. IGT also manages the Lottery’s warehouse and distribution, including vending machines. The Lottery has launched multiple games featuring IGT innovations: Super Ticket 7’s in November 2016 and Precious Metals in September 2017, as well as two Crossword Connect games, in January and December 2017.

“IGT values our longstanding relationship with the Arizona Lottery and looks forward to continuing to delivery high quality instant games,” said Jay Gendron, IGT COO, Lottery. “In 2017, the Arizona Lottery saw great success with the $5 Wheel of Fortune game, which sold extremely well and aided in generating funds for the Lottery’s good causes.”

IGT recently became the first casino equipment supplier to receive regulatory approval from the Washington State Gaming Commission to offer Washington-based casinos a “Single-Ticket Solution” for their casino floors. With this approval, IGT Advantage^® casino management systems customers in Washington can now allow their players to use a single Ticket-In, Ticket-Out (TITO) ticket to move money to, from, and between Class II and Class III gaming machines. Suquamish Clearwater Casino Resort in Suquamish, Washington was the first IGT customer to successfully implement this change on its casino floor.

The thrill of jackpots just got mightier with Aristocrat’s new Mighty Link™. Mighty Link is a multi-licensed progressive link that combines the proven and popular Mighty Cash™ feature with leading Aristocrat licensed brands Ted™ and Zorro™.

PHOTOS: Click to download high res game images bit.ly/2F6HJeN

Both the hilarious Ted Mighty Link and the dashingly daring Zorro Mighty Link are housed on Aristocrat’s Arc Single™ cabinet. The player-favorite licenses bring exciting new jackpot energy to the floor with great math that ensures progressives are won frequently, including the MSP, which links to Aristocrat’s Fast Cash™.
Both Ted and Zorro contain the Mighty Cash™ Hold & Spin bonus feature, where players can win credits, jackpots, extra spins and a wheel bonus. Adding to the fun is the Mighty Cash Wheel that attracts wheel-loving players with a special wheel that awards lucrative Mighty Cash multipliers and/or jackpots. The unlimited Free Games Feature comes with a chance to win extra free games and the Mighty Cash Feature.

Arching over all the fun in Mighty Link is its WYSIWYG simplicity. Players everywhere love the easy to understand “What You See Is What You Get” game play because its rapid-learning curve means players can spend their time having fun instead of figuring out what to do.

Mighty Link offers exciting jackpot action with five great jackpots. The Grand jackpot award is engineered to work on the Fast Cash link, linking to the MSP Grand jackpot on the previously released Fast Cash game. The Major and Maxi are single-site progressive jackpots, and the Mini and Minor are fixed jackpots independent to the respective game that scale according to the players bet level. Jackpots start-ups are Grand (MSP) $20,000 or (SSP) $2,500; Major $1,000; Maxi $500; Minor $50; and Mini $20. All values are based on 1c play. Additional SSP jackpot grand jackpot options are available.

Mighty Link is high volatility with average feature frequency, and denominations range from 1c to $50.

Bring Mighty Link to your floor. Contact your Aristocrat Sales Representative today at (702) 270-1000.

LAS VEGAS (February 14, 2018) – Lightning has struck at Silverton Casino Hotel! Las Vegas’ favorite off-strip casino is now home to Nevada’s first Lightning Link™ Lounge™, a space on the casino floor dedicated exclusively to the world’s most popular video slot game, Aristocrat’s Lightning Link™. 

Silverton’s Lightning Link Lounge houses 36 games, is conveniently located in the former Slot Tournament Room, and was created to respond to customer demand.

PHOTO: Download high res photo here: bit.ly/2HetZz6
VIDEO:  Promo video on YouTube: bit.ly/LightningLinkpromo      

“Our players have loved Lightning Link from the minute the first game arrived on property. Ever since, we have had more and more demand for the game, and it grew to the point where it made sense to dedicate a space to this incredibly electrifying game,” said Bryan Binek, Silverton’s Executive Director of Gaming and Operations.

Silverton’s Lightning Link Lounge grand opening takes place in the Lounge from 4 p.m. to 6 p.m. tonight, Wednesday, February 14, 2018.  Free slot play will be offered to the first 200 guests that arrive. Guests who attend the grand opening will receive complimentary gifts and passed champagne, while supplies last.

“Players everywhere love Lightning Link. A Lightning Link Lounge is particularly fun because, with a game designed to build excitement, when several banks are centralized in a dedicated area, the levels of fun increase,” said Jon Hanlin, Aristocrat’s VP of Commercial Strategy, Gaming Operations.

Lightning Link is an explosive set of linked games with progressives that have proven to be a hit with players in Australia, North America and Europe, and the game was named to Casino Journal’s list of the “Top 20 Most Innovative Gaming Technology Products” for 2015. Additionally, in the latest Eilers-Fantini Quarterly US Slot Survey, slot directors from across North America ranked Lightning Link is the #1 premium leased game in the market.

Lightning Link is unique in the marketplace with player-selectable multi-denominations, a multi-format jackpot offering that combines both link and SAP jackpots, an excellent mix of games that appeal to a wide range of players, and a patented new jackpot mechanic for innovative game play and trigger methodology.

LONDON – Feb. 12, 2018 – International Game Technology PLC (“IGT”) (NYSE:IGT) Wheel of Fortune^® slots awarded two life-changing jackpots in January.

Lucky slot players won the following million dollar-plus jackpots on IGT games in January:

·         On Jan. 23, a Wheel of Fortune slots player won $2,016,606 at Magnolia Bluffs Casino in Natchez, Miss.

·         On Jan. 24, a Wheel of Fortune slots player won $1,501,890 at Palace Station Hotel & Casino in Las Vegas, Nev.

For more information, visit IGT.com or go to Facebook at facebook.com/IGT, follow us on Twitter, twitter.com/IGTnews or watch IGT videos on YouTube, youtube.com/igt. 

MACAU, China (February 13, 2018) – As we enter the new year, GLI Asia is celebrating ten years of service to the Macau gaming market and to the operators, regulators, and suppliers of the surrounding regions in Asia-Pacific. The expert testing and consulting staff has been honored to diligently serve clients in land-based gaming, online gaming, and lottery sectors with unsurpassed skill and commitment, and like the year of the dog teaches us, GLI’s customer-focused approach is centered on the qualities of honesty, loyalty, and responsibility.

Photo: Download high res image of Marina Wong here: bit.ly/2soujI9

GLI Asia officially opened for operation on 20 July 2007. Since that time, the lab has grown to more than 300 square meters (about 3,300 square feet) and is the most structured test lab in Asia.

“It has been an honor and a thrill to see our business grow with customer demand. It is especially humbling when our customers return to us again and again, asking us for additional service offerings, allowing us to grow along with them,” said Marina Wong, GLI Asia’s General Manager of Client Services.

Another exciting aspect of GLI Asia’s Macau presence is its positive impact on the local economy, with each of the lab’s employees being local Macau residents. In fact, four employees have been with the company nearly since the lab’s opening. Julian Lei and Nathan Chang have been with the lab since 2009, and Ben Leung has been with GLI Asia since 2010. Their long-term presence and insights are a boon to GLI’s clients and to the lab’s other employees.

“We are proud that so many of our employees have chosen to stay with GLI Asia for so long,” Wong said. “Their experience is incredibly valuable to our clients, and to the other staff members. When new employees join us, they are able to quickly learn from our long-term employees and expand their knowledge base.”

Because of their expertise, GLI Asia staff have become in-demand speakers on lottery issues throughout the Asia-Pacific region.

Today the lab serves clients of all sizes in land-based gaming, online gaming, and in lotteries. Key services the lab provides include testing for hardware, software, platforms, systems, games, and RNGs.

GLI Asia also helped successfully develop China’s first gaming technical standard – “Technical Gaming Standards for Online Lottery Systems and Betting Terminals.” The lab has also executed numerous high-profile lottery projects in Beijing, China; South Korea; and Taiwan.

For Wong, the GLI Asia staff, and for GLI as a company, over the past ten years, the mission has remained the same: “We put the customer first,” Wong said. “We understand that when our customers succeed, we succeed. When regulators rest easier, when suppliers are able to speed up their time-to-market and reduce expenses, when operators’ casino floors are compliant and secure, and when the products are fair for everyone – that is when we know we have succeeded, together.”

So what does the future hold for GLI Asia? Wong said, “As we celebrate the year of the dog, we will continue to keep in mind our focus on honesty, loyalty, and responsibility. That is how we have earned both regulators’ and our clients’ trust, and we will continue to work hard every day to maintain that trust and to continue to be the most reliable lab in Macau, in Asia, and in the world.”

LOUISVILLE, Ky. (February 12, 2018) Churchill Downs Incorporated (NASDAQ:CHDN) (“CDI”) and Ainsworth Game Technology (ASX:AGI) (“Ainsworth”)  today announced a long-term agreement in which Ainsworth will develop historical racing machines for CDI.

CDI previously announced the investment of approximately $60 million in construction and technology costs to build an 85,000-square foot historical racing machine facility, Derby City Gaming, located in Louisville at 4520 Poplar Level Road, formerly known as Trackside. 

Upon receipt of regulatory approval for the newly developed historical racing machines, the Derby City Gaming facility will feature historical racing games on Ainsworth’s entire range of cabinets, including: A640, A600, A600 Slant Top, A560, A560SL Noir and Wide Boy. The titles and platforms have been specifically engineered for historical racing, and will be verified by an independent testing lab and approved by the Kentucky Racing Commission prior to becoming operational.

“Ainsworth has done tremendous work to deliver a modern and exciting pari-mutuel product,” Churchill Downs Racetrack President Kevin Flanery said. “We are eager to install the Ainsworth historical racing machines in our Derby City Gaming facility because we know they will generate significant revenue for Kentucky purses and go a long way to strengthen the Commonwealth’s racing circuit.”

Derby City Gaming is expected to open in the Fall of 2018. In addition to the more than 600 historical racing machines, the facility will include quick service food venues, a feature bar, a player’s club reward center and parking area for VIP guests.

“Ainsworth’s relationship with CDI is reflective of an exciting time in our company,” said Ainsworth CEO Danny Gladstone. “Working on this project with Churchill Downs, a leader in the racing and entertainment business, created an opportunity for us to develop an innovative pari-mutuel product and provide customers with a first class wagering experience.”

LAS VEGAS, February 8, 2018 – PlayAGS, Inc. (“AGS” or the “Company”) (NYSE: AGS) today announced that it has completed the repricing of its existing $513 million term loans under its First Lien Credit Agreement (the “Term Loans”). The Term Loans were repriced from 550 basis points to 425 basis points over LIBOR. The LIBOR floor remains at 100 basis points. As a result of the repricing, the Company expects to realize annual cash interest savings of approximately $6.4 million.  The repriced Term Loans continue to be due in full in February 2024.


“After executing our initial public offering less than two weeks ago, we immediately started work on repricing our Term Loans to reduce our annual interest expense and provide us with more cash to grow and operate the business,” said David Lopez, Chief Executive Officer of AGS. “With a stronger credit profile, we are pleased to now be in a position to generate additional cash flows, which provide a future opportunity for incremental deleveraging.”

IGT PlaySpot™ On-Premise Mobile Solution Awarded for Creating New Ways to Play at Retail

LONDON, Feb. 8, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced that it won "Lottery Product of the Year" for IGT PlaySpot™ Lottery mobile solution at the 11th Annual International Gaming Awards in London. The International Gaming Awards recognize excellence and innovation for technology, products, and services that enhance the gaming experience. A panel of international gaming industry experts judged the awards.

"This award demonstrates IGT's ongoing commitment to putting our lottery customers first through player-centric design and innovation," said Walter Bugno, IGT CEO, International. "IGT PlaySpot is helping lotteries grow in the mobile era, delivering the convenience and fun players desire, and helping them connect with lotteries on an entertainment platform they use every day."

A lottery first, the IGT PlaySpot™ mobile solution is designed to appeal to a new generation of players to offer compelling digital games and grow the business into retail outlets where lottery does not exist today. It allows players to purchase and play lottery games on their mobile devices while at an authorized lottery retailer, even in jurisdictions where regulation does not allow internet wagering.

The IGT PlaySpot™ solution's player-friendly, on-premise mobile app experience offers new interactive game content while complying with regulatory requirements. A customer can play instant win and live Keno games, purchase draw game tickets, and manage payments and rewards through his or her personal or guest (voucher-based) account, using the lottery's app via a Bluetooth low energy PlaySpot solution connection.

The International Gaming Award for the best lottery product goes to the company that has shown the best in practices over the last 12 months; demonstrated their offering to be innovative and engaging to customers; and delivered a range of lottery games and approaches with the best options for play.

In addition to the Lottery Product of the Year award, IGT was shortlisted in the Best Place to Work and Slot Provider category. In 2016, the IGT PlaySpot™ mobile solution also won "Casino Product of the Year" at the Global Gaming Awards in Las Vegas.

LAS VEGAS, Feb. 6, 2018 /PRNewswire/ -- Gaming Arts, LLC announced today that Mike Dreitzer has been named as the Company's new President, effective February 26^th, 2018. Mr. Dreitzer will also join Gaming Arts' Board of Advisors.

Mike brings to the role a career of nearly twenty years in gaming manufacturing, technology and regulation, having held key positions with several leading companies in the sector.  He recently stepped down from his role as President of North America for Ainsworth Game Technology, where he led a period of significant growth for that Company, taking it to more than $80 million in annual revenue, as well as spearheading other significant growth initiatives.

"We are delighted that Mike will be joining the Company and working to lead us to the next level.  For his part, Mike will have a broad mandate to develop the business both domestically and internationally," said David Colvin, founder and CEO of Gaming Arts. "Over the last several years, Mike has been instrumental in Ainsworth Game Technology's meteoric rise in the North American market, so he understands what it takes to achieve success and sustainable growth."

"We're moving from a period of tremendous research and development focus to bringing truly revolutionary new products to market," Colvin said. "Mike Dreitzer is the right person at the right time to lead Gaming Arts during this transformative period for our Company."

Dreitzer commented: "I am very excited to work with David Colvin and the entire Gaming Arts team to help drive the Company's growth in the gaming industry. Over my years in gaming, I have seldom seen a company with such an expansive portfolio of new products covering the full breadth and scope of gaming, all with significant intellectual property protection.  It's an exciting time to join Gaming Arts and I look forward to leading this team of passionate professionals as we bring game-changing products to our customers."

MEXICO CITY (6 February 2018) – Just a little more than year since lightning first struck in Mexico, Aristocrat’s Lightning Link™ game has risen to the top and is now one of the most popular casino games in the Mexican market.

 “We are delighted with the strong performance of Lightning Link in Mexico and look forward to releasing additional game titles to ensure our customers have more choice and the very best product available” said Carlos Carrión, Sales and Operations Director for Mexico. 

Lightning Link is popular with players and with casino operators throughout Mexico, and this success mirrors the game’s popularity in gaming jurisdictions around the world. For example, in the United States, several casinos have created “Lightning Link Lounges™” – spaces on the casino floor dedicated exclusively to Lightning Link games. 

Additionally, in the latest Eilers-Fantini Quarterly US Slot Survey, slot directors from across North America ranked Lightning Link is the #1 premium leased game in the market. Aristocrat games filled the Survey’s top three leased game spots, with Lightning Link at #1, Buffalo Grand™ at #2, and Dragon Link™ at #3. 

Lightning Link is a progressive accumulated system that combines multi-denomination, games of 25 or 50 lines, plus a progressive accumulated by bank and by machine to prizes fixed jackpots. The four games currently available in the Mexican market are Magic Pearl™, High Stakes™, Sahara Gold™, and Happy Lantern™. 

Building on the success of these four titles, Aristocrat anticipates releasing four additional titles in Mexico in the coming months. The new titles Best Bet™, Moon Race™, Heart Throb™, and Tiki Fire™ will give players additional entertainment options. 

Visit www.aristocrat-us.com and join Aristocrat on Facebook and Twitter.

LAS VEGAS, Feb. 06, 2018 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions announced today that its Everi Games Holding Inc. subsidiary has extended its 14 year collaboration with the New York Lottery with a new agreement to provide the video lottery central system to the New York Lottery for an additional two years through December 2019.  Everi’s central system currently manages approximately 19,000 Video Lottery Terminals (“VLTs”) installed at nine locations in New York State and the Company earns a percentage of the net revenue generated by the installed VLTs.

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “We are extremely proud of what we have accomplished in collaboration with the New York Lottery since our central system first went live at Saratoga Raceway in January 2004.  As the installed base of VLTs has grown dramatically since then we have invested in our system in order to ensure that the New York Lottery continues to benefit from a state-of-the-art system for the management of VLTs provided by the two current vendors.  We are honored to have helped drive the past success of video lottery gaming in New York State and to be selected by the New York Lottery to continue to help them going forward.”

Brad Maione, Communications Director of the New York State Gaming Commission said, “We have had tremendous success with video lottery gaming at racetracks across the State as a result of working with technology partners such as Everi.  We are pleased to be moving forward through this extension with a valued partner as we continue to look to grow contributions from VLTs which provide an important source of funding to New York State.”

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “goal,” “target,” “future,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “project,” “may,” “should,” or “will” and similar expressions to identify forward-looking statements.  The forward-looking statements in this press release are subject to additional risks and uncertainties, including those set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our filings with the Securities and Exchange Commission (the “SEC”), including, without limitation, our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 filed with the SEC on March 14, 2017 and subsequent periodic reports, and are based on information available to us on the date hereof. These cautionary statements qualify our forward-looking statements and you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statement contained herein speaks only as of the date on which it is made, and we do not intend, and assume no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

LONDON, Jan. 29, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) today announced that it will present a set of world-class solutions for its gaming, lottery, interactive and betting customers at ICE Totally Gaming 2018 ("ICE"), Feb. 6-8, 2018 at ExCeL London. Under the theme "Designed to Entertain," IGT will demonstrate its commitment to creating diverse, market-attuned gaming innovations by showcasing more than 200 of its solutions in stand N3-160.

"Our ICE 2018 portfolio represents IGT's passion for driving the player experience forward through meaningful innovation that caters to our customers' market-specific opportunities," said Walter Bugno, IGT CEO International. "IGT will showcase market-ready products that have undergone extensive internal and external testing to help ensure their performance on casino floors. In addition, we will deliver the world debut of IGT's CrystalDual^® 27/27 cabinet – a modern, internationally relevant upright cabinet that is backed with a game library that our customers can deploy with confidence. Our ICE portfolio also features mobile solutions that are designed for consumers who consistently look to their smartphones for entertainment."

Product highlights within IGT's ICE stand will include:

• The CrystalDual^® 27/27 Cabinet: IGT's CrystalDual 27/27 cabinet will make its world debut at ICE. The striking hardware represents the evolution of the Company's Crystal Hardware series and gives operators a reliable, dual-screen core video cabinet option for their casino floors. The cabinet includes a range of unique features such as two 27-inch, high-definition displays, intelligent cabinet lighting, the option for bank-wide synchronized lighting, a mobile device charging port, and more. IGT will unveil this product by showcasing a range of new and "Proven Performer" game themes such as the Golden Egypt™, Ocean Magic™, Wolf Ridge™, Dancing Reels Salsa™, Golden Gecko™ and Brilliant Fruits™ games. IGT will also highlight its new USwitch™ multi-game bundles. USwitch games are compatible with the CrystalDual 27/27 and CrystalSlant^™ cabinets, and feature a user-friendly game selector that groups like games, making it easier for players to find games that suit their individual gameplay preferences.
• The CrystalCurve™ Cabinet: Featuring a 43-inch, curved, ultra-HD 4K display, the CrystalCurve cabinet is backed by a rich pipeline of core and premium game content. IGT will demonstrate core titles such as the Cleopatra^® Gold, Wild Fury Jackpots™, Star Rise™ and ICY WILDS™ Deluxe games – each one designed exclusively for the CrystalCurve cabinet. IGT will also highlight premium, multi-level progressives on the CrystalCurve cabinets with titles such as the Fort Knox^® Video Slots and Fortune Gong™ games.
• TRUE 4D™ Content on the CrystalCurve™ TRUE 4D™ Cabinet: ICE attendees can enjoy the next dimension of gaming entertainment with IGT's Ghostbusters™ 4D and SPHINX 4D™ games. Housed on the CrystalCurve TRUE 4D cabinet, the games leverage glasses-free TRUE 3D™, gesture recognition and mid-air haptic technologies to deliver an award-winning multi-sensory player experience.
• Mobile Solutions Cardless Connect™ and PlaySpot™ Technology: IGT will showcase its award-winning Cardless Connect and PlaySpot mobile innovations. Both solutions are designed to enhance the land-based casino environment and give players more choices for how they enjoy their favorite casino games. The Cardless Connect technology enables casino patrons to use their smart phones to perform a variety of actions such as initiating a patron loyalty session at a slot machine, or transferring funds to-and-from a slot machine. With the addition of IGT's Resort Wallet, Cardless Connect technology users can seamlessly initiate funds transfers between multiple casino properties owned by a single operator. The Company will also spotlight its PlaySpot mobile technology. The PlaySpot mobile solution gives players the option to wager on live roulette and baccarat games, keno, sports and more from their mobile devices from approved areas within a resort-casino. IGT's PlaySpot solution integrates with many of IGT's other casino products such as the Cardless Connect, IGT Advantage^®, Live Connect, and IGT Dynasty Electronic Table Games (ETG) solutions.
• New Content for the AXXIS^® 23/23 Cabinet: IGT will extend its content portfolio for the internationally celebrated AXXIS 23/23 cabinet with the introduction of the new diversity™ HD multi-game bundles. At ICE, IGT will showcase diversity HD 5, 6, and 7 – each bundle comprising 12 player-favorite IGT titles such as the Ocean Magic™, Golden Egypt™ and King of Macedonia™ games. IGT will also showcase the Money Strike™ game on the AXXIS 23/23 cabinet – a bolt-on progressive that will enhance IGT's diversity HD suites 5, 6 and 7.

ICE attendees can also look forward to the following IGT solutions within IGT's stand:

• Interactive content for the Company's Remote Game Server (IGT RGS^®), including new slot games, casual games, skill-based games, and live demonstrations of a new tournaments feature.
• PowerSight™ technology demonstrated on the CrystalCurve ULTRA™ cabinet. PowerSight technology enables a player to stare at on-screen objects to unlock them in pick bonuses and other player-selectable components of gameplay.
• Glasses-free TRUE 3D™ titles such as the James Cameron's AVATAR^™ 3D Video Slots and Phoenix Rising™ 3D games.
• New content for the S3000^® gaming machine, including the much-anticipated Money Storm^®linked progressive.
• Chill Gaming's skill-based Fortunes of the Brave™ game and Bloomtopia™ game, along with IGT's Video Reel Edge™ (VRE) games and Skillcade™ experiences such as the Race Ace^®Arcade game.
• The Spin-Splosion! ™ video tournament solution on the CrystalSlant cabinet.
• IGT Dynasty Electronic Table Games (ETG) featuring a landscape, 4K display.
• The Quasar™ Video Lottery Terminal (VLT), along with exciting content and the INTELLIGEN™ central management system.
• Leading casino management systems such as IGT Advantage^®, GALAXIS™, System2go™ and Casinolink^® systems.
• ZEST Gaming's multi-card bingo games.
• A new version of the industry-leading Game King^® video poker suite, along with new game titles such as the Five Star Poker^® 2.0 game.

LAS VEGAS (January 26, 2018) – Ainsworth Game Technology (“Ainsworth”) announced today that the Company has begun its search for a successor to President – North America Mike Dreitzer, who announced his resignation earlier this month to pursue another opportunity.

“We look forward to naming a new president to continue to grow our North American operations and successfully execute our strategy,” said Ainsworth Chief Executive Officer Danny Gladstone. “Under Mike’s leadership, Ainsworth’s North American operations have grown to more than $80 million in revenue. Mike was instrumental in entering the Class II market following the successful acquisition of Nova Technologies and opening a state-of-the-art North American headquarters in Las Vegas.”

Gladstone added: “It will remain business as usual for all aspects of our North American operations. We have a highly capable North American team that includes several executive leaders who have been integral to our recent successes.”

Dreitzer, who has spent nearly five years at the helm of Ainsworth’s North American business, will remain in the role until Feb. 16.

“It has truly been an honor to spend almost the last five years of my career helping to build the talented and dedicated Ainsworth team,” Dreitzer said. “I have no doubt Ainsworth will continue to grow and flourish with a strong product roadmap, commitment to world-class service and passion for working every day to meet the needs of its customers. That’s the culture we have created here. I am very proud of what we have accomplished.”

The Company has made several key announcements as it enters 2018.

In late 2017, Ainsworth announced the largest single North American game installation in Company history. The 270 games are now live at the newly opened Four Winds Casino Resort in South Bend, Ind.Also, in late 2017, Ainsworth completed the installation of its first custom Wide Area Progressive (WAP) jackpot at Seminole Gaming properties throughout South Florida. The Dream Hit Jackpot is available on 60 Ainsworth games across five Seminole Gaming casinos.

In December, Ainsworth completed the first installation of its patent-pending AnyBet Progressive on 80 new A600, A600 Slant Top and A560SL Noir gaming cabinets at Jena Choctaw Pines Casino in Dry Prong, La. The unique AnyBet Progressive link, which enables players to win life-enhancing jackpots at any bet level, expands on the Company’s recent success in Class II markets.

Ainsworth announced earlier this year that Austrian gaming supplier Novomatic AG acquired a 52 percent stake in the Company after receiving all necessary regulatory approvals.

“We enter 2018 in a very strong position for continued success,” said Gladstone. “Our team and our products are poised for a great performance. With the backing of Novomatic, our majority shareholder, the Ainsworth brand will going remain strong in North America.”

Continued Growth driven by real money Regulated Gaming

London & Dublin | January 26, 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 announced the release of quarterly key performance indicators for the fourth quarter of 2017, highlighting continued strong momentum with the Company breaking through three million active player days for the first time with Average Revenue Per Active Player-Day (ARPDAU) returning to growth following decreases in the previous two quarters as a result of increased growth in real money Regulated Gaming relative to Simulated Gaming.

Today's update allows the US and global institutional investment community to properly track progress of GAN's diverse business on a quarterly basis.

Key Performance Indicators for Q1 2018 will be released in April 2018.

Quarterly KPIs	Q3 2016	Q4 2016	Q1 2017	Q2 2017	Q3 2017	Q4 2017
Active Player-Days	1,700,908	2,037,233	2,227,905	2,600,842	2,996,914	3,066,920
% Change	- --	+19.8%	+9.4%	+16.7%	+15.2%	+2.3%
ARPDAU	$7.09	$7.42	$7.69	$6.98	$6.36	$6.68
% Change	- --	+4.6%	+3.6%	-9.2%	-8.9%	+5.1%

 

Fourth Quarter 2017 Highlights

·     Sixth successive Quarter of growth in Active Player-Days.

·     +2.3% Quarter-on-Quarter growth in Active Player-Days in Q4 2017 over Q3 2017 to 3,066,920 Active Player-Days.

·     +5.1% Quarter-on-Quarter increase in Average Revenue Per Daily Active User in Q4 2017 over Q3 2017 to $6.68 reflecting strong growth in real money Regulated Gaming.

Management Commentary

Dermot Smurfit, CEO of GAN commented:

"Our sixth successive quarter of growth continues to demonstrate the sustained progress GAN has made in developing our market position in the US focusing on real money Regulated Gaming in New Jersey and Simulated Gaming for clients coast-to-coast across America supported by substantial organic growth in Italy, one of Europe's largest regulated markets for Internet gambling."

Over the past eighteen months, GAN has begun to increase its institutional outreach to the United States, where the Company conducts the predominant portion of its business activities. The expanded financial information flow supports the increasing number of suitably-qualified US institutional investors who engaged with GAN's equity story in late 2016 and 2017. This Quarterly publication discloses the Active Player-Days and Average Revenue Per Active Player-Day (ARPDAU), in which GAN participates worldwide in regulated real money Internet gaming markets and Simulated Gaming™.

LAS VEGAS, January 25, 2018 – PlayAGS, Inc. (“AGS” or the “Company”), a leading designer and supplier of electronic gaming machines and other products and services for the gaming industry, today announced the pricing of its initial public offering of 10,250,000 shares of its common stock at an initial public offering price of $16.00 per share, before underwriting discounts and commissions. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,537,500 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. AGS’s existing shareholders will not sell any shares in the offering.   

The shares are expected to begin trading on The New York Stock Exchange (NYSE) under the symbol "AGS" on January 26, 2018. The offering is expected to close on January 30, 2018 subject to customary closing conditions.

AGS expects to receive gross proceeds of approximately $164.0 million from the offering, or approximately $188.6 million if the underwriters exercise their over-allotment option in full. AGS intends to use the gross proceeds from the offering to redeem in full its PIK notes, and pay fees and expenses in connection with the offering.

Credit Suisse, Deutsche Bank Securities, Jefferies and Macquarie Capital are acting as joint book-running managers and as representatives of the underwriters for the offering. BofA Merrill Lynch, Citigroup, Nomura, Stifel and SunTrust Robinson Humphrey are acting as joint book-running managers for the offering. Roth Capital Partners, Union Gaming, The Williams Capital Group, L.P. and Apollo Global Securities are acting as co-managers for the offering.

The offering is being made only by means of a prospectus.  A copy of the prospectus relating to this offering, when available, may be obtained from any of the following sources:

• Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY 10010, or by telephone at (800) 221-1037 or by email at newyork.prospectus@credit-suisse.com;
• Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005, or by telephone at(800) 503-4611, or by email at prospectus.CPDG@db.com;
• Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 2^nd Floor, New York, NY 10022, or by telephone at (877) 821-7388 or by email at Prospectus_Department@Jefferies.com; or
• Macquarie Capital (USA) Inc., Attention: Syndicate Department, 125 West 55^th Street, L-22, New York, NY 10019, or by telephone at (212) 231-0440 or by email at MacquarieEquitySyndicateUSA@macquarie.com

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and has been declared effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

LONDON, Jan. 25, 2018 /PRNewswire/ -- IGT has appointed Kim Barker Lee to the newly-created role of Vice President of Diversity and Inclusion. Kim will be responsible for developing and implementing the Company's first-ever global diversity and inclusion strategy. Kim will also chair the Executive Diversity and Inclusion Council (EDIC), which is comprised of global senior and emerging leaders and provides leadership support for the Company's diversity and inclusion initiative, ensuring that the Company's diversity and inclusion goals are relevant, have an impact, and are measurable.

"IGT is committed to ensuring that our workforce reflects the global customers and communities that we serve. Bringing more diverse perspectives to the table drives innovation and will enable IGT to continue to deliver the best products and services to our customers.  Kim is an excellent choice for this position. Her personal contribution to IGT, true passion for diversity and inclusion, and unwavering commitment, mark her as exactly what this position calls for," said Mario Di Loreto, IGT Executive Vice President of People and Transformation."IGT has established itself as the industry leader in gaming because of our unique understanding of players across the globe. Our goal is to meet the needs of our global customer base through a diverse and energized workforce. It's not just about numbers or demographics," said Kim Barker Lee, IGT Vice President of Diversity and Inclusion.  "Diversity and inclusion goes beyond gender and race. We want to embed into our values a culture of inclusion where all our employees feel valued, respected, listened to, engaged, and empowered to contribute to the success of the Company. IGT will continue to achieve success by recognizing that diversity is an asset and a business imperative in today's global marketplace."Kim began at IGT in 2011 as Vice President, Legal and Regulatory Compliance, for Northstar Lottery Group in Illinois. Her role at Northstar allowed Kim to successfully implement recognized supplier diversity programs that surpassed Northstar's contractually established goals. Kim holds a law degree from New York University School of Law and a Bachelor of Arts from Yale College. She recently relocated from Chicago, Illinois to Providence, Rhode Island.

London & Dublin | January 23, 2018: GAN plc ("GAN" or the "Company") a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, provides an update on trading for the year ended December 31, 2017.

GAN performed in line with market expectations during the second half of 2017 in both its real money Regulated Gaming and Simulated Gaming activities due to the launch of several new clients, including the launch of the Overseas Internet Casino². During the period, the Company benefited from strict cost management and generated positive clean EBITDA¹ for the full year 2017. Furthermore, the outlook for 2018 remains positive due to continued growth in real money Regulated Gaming and Simulated Gaming.

Regulated Gaming

In Italy, growth in Net Revenue experienced during H1 has continued into H2 where the Company has benefitted from the seasonally strong Q4 period.

In New Jersey, GAN's business continues to enjoy favourable market conditions and performed strongly in 2017. In H2 2017, GAN signed a multi-year agreement with AC Ocean Walk LLC which will be GAN's second client for real money Regulated Gaming in New Jersey. AC Ocean Walk LLC is the newly-announced owner-operator of Ocean Resort Casino for the launch of a real money Regulated Gaming online experience offering Internet casino gaming together with Internet sports betting integrated with the on-property rewards program in reliance on GAN's Patent³. This new Internet gaming destination is currently expected to launch in H1 2018 and will contribute materially to GAN's revenue and earnings in H2 2018. Ocean Resort Casino in Atlantic City New Jersey is the substantial casino property formerly known as TEN/Revel Casino.

In Europe, the identity of GAN's client for the Overseas Internet Casino² can now be confirmed as the major Native American US casino operator Chickasaw Nation. The Overseas Internet Casino launched for the Chickasaw Nation was delivered in H2 2017 and is now available in regulated European markets at www.WinStar.com.

In Pennsylvania, regulation of real money Internet gaming occurred on October 30, 2017. GAN has served Simulated Gaming to Pennsylvania's market-leading land-based US casino Parx Casino with GAN's GameSTACK™ enterprise gaming software platform installed on-property at Parx Casino since 2015 and is currently preparing to deliver real money Regulated Gaming upon commencement of the Pennsylvanian Internet gaming market anticipated later in 2018.

Simulated Gaming™

GAN's US-facing Simulated Gaming business continued to benefit from the launch of several new US casino operator clients in 2017 including Ocean Resort Casino (formerly TEN/Revel Casino), Chickasaw Nation's WinStar World Casino, MGM's The Borgata, Oneida Nation's TurningStone and Station Casinos.

As on December 31, 2017 GAN operated Simulated Gaming for 12 major US casinos coast-to-coast (December 31, 2016: 8) together representing in excess of $8bn in annual land-based gaming revenues as well as for a consortium of land-based gaming venues in Queensland, Australia identified as 'Club8Casino'.

Regulatory Progress

On October 30, 2017 the State of Pennsylvania regulated Internet gaming becoming the fourth US State to regulate Internet gaming and the first new State to regulate Internet gaming since 2013. Additional US States are now considering the regulation of Internet gaming including Illinois, New York and Michigan.

With respect to online sports betting in the US, GAN welcomes any potential repeal of the Professional and Amateur Sports Protection Act 1992 ("PASPA") by the US Supreme Court and has taken preparatory steps to deliver a managed sports betting solution to its US clients via GAN's GameSTACK™ enterprise gaming software platform in partnership with a leading European B2B sports betting system and services provider SBTECH (as announced previously by the Company on January 15, 2018).

Patent

The US Patent³ comprises multiple claims principally for linking on-property rewards accounts held within casino management systems to patrons' online accounts held within an Internet gaming system and delivering a converged online-to-onproperty experience for US casino patrons. This Patent has now been licensed more than a dozen times by GAN to major US casino operators for the conduct of both real money Regulated Gaming and Simulated Gaming in the United States.

The Patent was subjected to an ex parte re-examination process which successfully concluded in 2017 in favour of GAN with the issuance of a certificate by the United States Patent and Trademark Office ("USPTO") confirming the validity of GAN's claims within the Patent.

GAN has now placed a selected number of US casino operators on notice of GAN's Patent and associated intellectual property and anticipates concluding commercial licensing arrangements which shall contribute to GAN's revenue and earnings in 2018.

Notice of Results

The Company will release its results for the year ended December 31, 2017 on March 29, 2018.

Management Commentary

Dermot Smurfit, CEO of GAN commented on the 2017 period:

"The Company generated positive clean EBITDA¹ in H1 2017 following a substantial multi-year period of investment focused on the US land-based casino Industry. This favourable EBITDA trend has continued throughout H2 and we have delivered on the market's expectations to generate positive EBITDA for the full calendar year 2017."

¹Clean EBITDA is a non GAAP Company specific measure and excludes interest, tax, depreciation, amortisation, share based payment expenses and other items which the directors consider to be non-recurring and one time in nature.

²Overseas Internet Casino to be delivered by GAN to an anonymous US casino operator and existing client of Simulated Gaming was previously announced by GAN plc on September 12, 2016.

³Network Gaming System and Casino Management System Link, patent number 8,821,296 ("the Patent"), issued to GAN by the United States Patent and Trademark Office ("USPTO") on September 2, 2014.

FAQ's about US regulation & GAN's real money online Regulated Gaming

·     In the event PASPA is overturned by SCOTUS in H1 2018 the US market opportunity for retail, online and mobile sports betting deployed on-property and online is expected to exceed $6bn by 2023 (source: Eilers & Krejcik Gaming, LLC November 2017).

·     Internet gaming was effectively out-lawed in the United States during October 2006 by the Unlawful Internet Gaming Enforcement Act by prohibiting financial institutions from processing Internet gaming payments.

·     In 2013 three (3) US States passed laws to regulate Internet gaming within their borders: Nevada (pop. 2.8m), Delaware (1m) and New Jersey (8.9m) comprising a total of 12.6m people representing less than 4% of the US population (324m).  In the neighbouring State of New Jersey (pop. 9m) the Internet gaming market commenced in November 2013 and generated $197m in gross Internet gaming revenues in calendar year 2016 representing 8.2% of the $2.4bn in land-based gross gaming revenues generated by New Jersey's eight (8) casino properties operational in full or in part throughout 2016.

·     Both New Jersey and Pennsylvania have passed legislation enabling existing Internet gaming operators to launch Internet sports betting in the event PASPA is overturned by SCOTUS.

·     Pennsylvania has a population of 12.8m, which more than doubles the number of Americans, who will be legally permitted to wager real money on Internet casino games following the commencement of Regulated Gaming in the State of Pennsylvania, anticipated in the first half of 2018.

·     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.

·     GAN received its first full US gaming licence in April 2017 awarded by the State of New Jersey.

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 thirteen (13) 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 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.

For more information please visit www.GAN.com