Connect with us

Gambling in the USA

GAN Launches Ocean Online Casino in New Jersey

George Miller

Published

on

GAN Launches Ocean Online Casino in New Jersey
Reading Time: 3 minutes

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, 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

  • GAN’s second client in New Jersey for real money Online Gaming and GAN’s first ‘bricks & mortar’ casino operating real money Internet gaming on GAN’s platform in New Jersey (existing GAN client PaddyPower Betfair plc does not own/operate a casino in New Jersey)
  • First client to adopt Turnkey Managed Services provided by GAN from an experienced team in New Jersey including technical operations management, customer services, payments management and associated regulatory consultancy
  • Second New Jersey casino operator to license GAN’s US Patent for delivering converged online-to-retail real money Internet gaming.
  • First US client to launch ‘dual-mode’ real money Online Gaming for New Jersey resident patrons alongside ‘freemium’ Simulated Gaming for patrons’ residents both inside and outside of New Jersey (~50% of Atlantic City casinos’ patrons live outside the borders of New Jersey)
  • Launch of ‘Ocean Resort Casino’ branded Internet sports betting expected in Q4 2018 following the repeal of PASPA on May 14, 2018

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.”

 

About GAN:

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

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Compliance Updates

Jackpocket Receives Responsible Gaming Certification by the National Council on Problem Gambling

George Miller

Published

on

Jackpocket Receives Responsible Gaming Certification by the National Council on Problem Gambling
Reading Time: 3 minutes

 

Jackpocket, a mobile-first startup helping to modernize state lotteries, received for the first time a responsible gaming certification from the National Council on Problem Gambling (NCPG) as part of its Internet Responsible Gambling Compliance Assessment Program (iCAP), the highest standard in the U.S. for online responsible gaming. The assessment was conducted by Gambling Integrity, one of the world’s leading consultancies in responsible gambling.

“We applaud Jackpocket on achieving their iCAP certification and for their ongoing commitment to consumer protection,” said NCPG Executive Director Keith Whyte. “The iCAP assessment process includes rigorous independent review and testing, to verify Jackpocket’s player protection features and policies meet our best practice standards for responsible gambling.”

The evaluation consisted of a product and website overview, interviews with management and customer service teams, and a review of the company’s responsible gaming policies, tools, advertising and promotions. Jackpocket safeguards against abusive gameplay through a variety of consumer protections—including being the first mobile lottery service to tie the ticket serial number to the player’s identity—many of which were highlighted in the evaluation:

  • Player limits: Jackpocket enforces deposit and spend limits. Players can also set their own limits, which cannot be modified for seven days. Customers who ask for high deposit or spend limits are monitored for risky behavior, and checks can be made on the affordability of their play.
  • Self-exclusion: Users can exclude themselves from play for any amount of time. During this period they’re not able to buy more credits or place orders, and autoplays are deactivated. Winnings from outstanding orders are still distributed, and players can cash out remaining account credits.
  • Player and location identification: Know Your Customer and Anti-Money Laundering compliance ensure every Jackpocket player is identified and age-verified before any play is allowed, eliminating underage registrants. Jackpocket also uses geofencing to validate the latitude and longitude coordinates of every order, ensuring each play occurs within legal sate boundaries.
  • Support: For those needing gambling support, players can contact the NCPG’s 24-hour confidential hotline via a call or text message, as well as access the organization’s website from directly within the app. They also can close their account from the same app page.

“We want our players to be entertained, but it’s our top priority to make sure the experience doesn’t turn from being fun to financially troubling. Not only do we encourage responsible gameplay, we’re going a step further by using data to track player behavior and identify problem gamblers in real time, providing even more transparency and insights into our players than the traditional system,” said Jackpocket CEO Peter Sullivan. “We’re glad our responsible gaming protections comply with iCAP’s thorough requirements for a more responsible lottery, and proud to be recognized as an official member of the NCPG.”

 

About Jackpocket

Jackpocket is the first mobile app in the U.S. that offers players a secure way to order official state lottery tickets, such as Powerball, Mega Millions and more. As a no-cost, no-integration, turnkey platform, Jackpocket helps lotteries drive incremental revenue—benefiting essential state programs such as public education, veterans assistance, natural resources and more—while attracting new customers like millennials who otherwise would not be active lottery players.

Jackpocket’s mission is to create a more convenient, fun and responsible way to play the lottery. Through the app, players can place orders for their favorite games, check lottery results, join lottery pools with other Jackpocket players, and turn on autoplay so they never miss a drawing. And by being the first company to automatically lock a player’s identity to their ticket serial number, Jackpocket makes the lottery even more secure. Jackpocket is currently available in Minnesota and New Hampshire, with upcoming plans to expand to new markets.

Continue Reading

Gambling in the USA

IGT PlayShot Sports Betting Platform Powers DraftKings at Scarlet Pearl Sportsbook

George Miller

Published

on

IGT PlayShot Sports Betting Platform Powers DraftKings at Scarlet Pearl Sportsbook
Image Source: worldcasinodirectory.com
Reading Time: 2 minutes

 

International Game Technology PLC announced that its PlayShot™ sports betting platform powers DraftKings at Scarlet Pearl Sportsbook — the newest sports betting destination on the Mississippi Gulf Coast.

Through IGT’s PlayShot technology, patrons of Scarlet Pearl Casino Resort can now place pre-match and in-play sports wagers over the counter. Pending regulatory approval, the casino will deploy additional IGT sports betting peripherals such as kiosks and mobile technology as the regional sports betting market evolves.

Scarlet Pearl Casino prioritizes offering our guests ‘A New Way’ to enjoy gaming entertainment,” said LuAnn Pappas, Scarlet Pearl Casino General Manager and CEO. “By leveraging IGT’s PlayShot sports betting technology and the expertise of the DraftKings team, we were able to quickly make our vision for a state-of-the-art sportsbook for the Mississippi Gulf Coast a reality and to offer our guests a reliable betting experience with a familiar brand.”

“We wish to congratulate Scarlet Pearl Casino for opening an exceptional sports betting venue featuring IGT PlayShot sports betting technology,” said Enrico Drago, IGT Senior Vice President PlayDigital. “The IGT platform and the expertise and appeal of the DraftKings brand combine to deliver a truly world-class sports betting solution that elevates the entertainment experience for sports fans in Mississippi.”

 

About IGT
IGT  is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Digital and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has over 12,000 employees. For more information, please visit www.igt.com.

About Scarlet Pearl Casino Resort
Scarlet Pearl Casino Resort (scarletpearlcasino.com) boasts 300 modern hotel rooms, a variety of dining options, a boutique and the Gulf Coast’s most modern gaming floor. With over 1,170 slots including 80 video poker machines, 37 table games, and now DraftKings at Scarlet Pearl Sportsbook, guests are sure to discover “The New Way” to win. Scarlet Pearl also features an event center and a championship level miniature golf course.

 

Source: IGT

Continue Reading

Gambling in the USA

Wipfli’ new tool provides business insights for tribal gaming industry

Niji Ng

Published

on

By

Wipfli’ new tool provides business insights for tribal gaming industry
Reading Time: 2 minutes

 

Wipfli has developed a new tool that can analyse financial data from more than 120 casinos across five geographic regions, and offer business insights to the tribal gaming industry.

“Using information we have gathered, tribal casino operators can ask themselves pointed, profit-impacting questions that every business should ask themselves,” said Grant Eve, national gaming partner at Wipfli. “We’ve developed this report, filled with meaningful data and analysis, to help tribal operators of all sizes understand and pursue business strategies more intelligently, including performance analysis, budgeting, expense abuse, balance sheet analysis and more.” The firm has a long history of serving dozens of tribal enterprises and have continued to generate the report based on overwhelming positive client feedback.

The firm has a long history of serving dozens of tribal enterprises and have continued to generate the report based on overwhelming positive client feedback.

Some key statistical information included in the tools report are:

  • Revenue metrics by region and size of casino
  • Urban and rural market statistics
  • Return on investment scenarios
  • Wage expenses by departments

“For this 20th anniversary edition, we responded to user feedback and have updated the look of the report by providing additional useful data and graphs—making it easier for casino business leaders to see what other casinos are doing that is working well, how do they leverage the right information and what do they need to shift overall,” Eve added. “This is about the bottom line for many of our clients, and we are excited to hear that it continues to have a direct, positive impact on their growth, efficiency and profit.”

For more information about the Indian Gaming COBD Report or any of Wipfli’s many services, visit wipfli.com and josepheve.com.

 

About Wipfli/JOSEPH EVE
At Wipfli/JOSEPH EVE (Wipfli), we’re committed to providing industry-focused assurance, accounting, tax and consulting services that make a lasting, positive impact on our clients — helping them overcome personal and business challenges and plan for future success. With over 2,000 associates and more than 50 offices, Wipfli ranks among the top 20 accounting and business consulting firms in the nation. We’re proud to give our clients the value and experience of a diverse firm that specializes in a wide range of services and industries, dedicated to enduring results, outstanding service and lifetime relationships. Wipfli’s practice serving tribal organizations and casinos includes a team of certified public accountants, certified fraud examiners, and experienced professionals who provide a wide range of services for tribal organizations and casinos in 30 states, including external and internal audit, financial management software, Title 31/AML assessments, finance process optimization, accounting assistance, fraud investigations and controller/CFO advisory services. The firm also conducts national seminars and provides information technology, PCI compliance, accounting system implementation, tax services and business advisory services.

Continue Reading
Advertisement
NSoft
Advertisement
BetConstruct

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.