GAN launches NJ internet casino – online betting to follow in Q4

Internet gaming software developer GAN has simultaneously launched both real-money online gaming and Simulated Gaming for Ocean Resort Casino in New Jersey, which opened in late June.

Supported by the company’s Turnkey Managed Services offer, guests enrolled in Ocean Premier – Ocean’s loyalty programme – can 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 casino is now available on at OceanOnlineCasino.com offering residents of, and visitors to, New Jersey a mobile-first casino website/app design.

Online sports betting is expected to be launched as an integrated extension in late 2018, subject to commercial and regulatory approvals.

Dermot Smurfit, CEO of GAN said: “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, added: “GAN delivered efficiently and cost-effectively for Ocean Resort Casino and possesses a strategic patent which will give Ocean 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 the casino online in 2018.”