11th Dec 2014 07:00
GameAccount Network announces deal with Spin Games
Distributing Spin Games’ HTML5 gaming content for Simulated Gaming™ & regulated Internet gaming in New Jersey
ISE: GAME LSE: GAME
GameAccount Network plc (“GameAccount Network” or the “Company”), a leading developer and supplier of enterprise-level B2B gaming software and online gaming content, announces the signing of an agreement with Reno-based Spin Games LLC to integrate the Spin Games LLC remote gaming server (“RGS”) and launch their HTML5 games portfolio for Simulated Gaming™ nationwide in the United States and real money Internet gaming in selected regulated markets.
Deal Highlights
Spin Games LLC has a wide portfolio of HTML5 mobile-optimized games within its RGS including compelling video slots, video poker and keno game variants widely recognisable to casino patrons in the United States The Spin Games RGS will be integrated into the GameSTACK™ Internet Gaming System relied upon by leading casinos for the operation of Simulated Gaming™ nationwide in the United States including Foxwoods Resort Casino® in Connecticut, Empire City Casino in New York and Parx Casino in Pennsylvania Simulated Gaming™ is the innovative Internet gaming service designed by GameAccount Network PLC specifically for land-based casinos in advance of prospective regulation. Simulated Gaming offers a gaming-as-entertainment website enabled with unique and patented monetization features and a compelling Internet gaming content portfolio of over 100 casino slot, table and skill-based games including poker, backgammon, gin rummy, poker dice and blackjack tournaments Launched in the US by GameAccount Network in January 2014, Simulated Gaming™ has been proven to monetize Internet traffic to existing websites operated by land-based US casinos with average revenue per daily active user (ARPDAU) of $2.75, as against an original estimate of $0.60, greatly exceeding equivalent numbers reported by Social Casino operators on Facebook Simulated Gaming™ enables land-based US casinos access to the Social Casino market worth an estimated $1bn per annum in the United States in 2013. It is proven to increase property visitation among existing patrons, reactivate lapsed patrons bringing them back on-property and drive acquisition of new patrons from outside the typical drive distance to the propertyDermot Smurfit, CEO of GameAccount Network commented:
“Spin Games has developed a strong mobile-first portfolio of HTML5 games content including a wide range of video poker, slots and keno likely to appeal to casino patrons online. As our first RGS integration for Simulated Gaming™ in the United States, we’re delighted to distribute Spin Games’ gaming content across our growing network of major US casino operators engaged in offering Simulated Gaming™ to their casino patrons.”
Kent Young, CEO of Spin Games LLC commented:
“GameAccount has deployed its Internet gaming system for various major casinos in the United States, into diverse regulated real money Internet gaming markets including New Jersey, and represents a compelling distribution opportunity for Spin Games’ HTML5 gaming content.”
www.GameAccountNetwork.com
www.SpinGames.net
For further information please contact:
| GameAccount Network | FTI Consulting | |||
| Dermot Smurfit | Mark Kenny/Jonathan Neilan | |||
| Chief Executive Officer |
| |||
| +44 (0) 20 7292 6262 | +353 1 6633686 | |||
| Davy |
| John Frain / Roland French |
| +353 1 679 6363 |
GameAccount Network | Overview
GameAccount Network is a leading developer and supplier of enterprise-level Business to Business gaming software systems and online gaming content. GameAccount Network is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAME
The Company has developed an Internet gaming enterprise software system, GameSTACK™, which it licences to online and land-based gaming operators as a turn-key technology solution for both regulated real-money and simulated online gaming. The Internet Gaming System, developed in London under a UK Gaming Commission licence, is certified to the highest technical standards currently required by gaming regulators.
GameAccount Network is also a leading developer of proprietary online games with a complementary business converting offline casino slot machines into online equivalents on behalf of major land-based slot machine manufacturers including Aristocrat, Konami, Multimedia Games, Incredible Technologies, GamoMat, Reel Time Gaming, High Flyer Games and Ainsworth.
GameAccount Network has an established business in Europe, licensing gaming content to UK, Spanish and Italian gaming operators including Paddy Power, Bet365, Rank, Lottomatica, Sisal MatchPoint, Intralot Italia and SNAI.
In the United States, GameAccount Network has partnered with Betfair Plc to provide its Internet Gaming System following the introduction of regulated real-money online gaming in New Jersey in November 2013. In the United States, GameAccount Network has licensed its Internet Gaming System to diverse land-based casino operators including the Mashantucket Pequot Tribal Nation (owners and operators of the Foxwoods® Casino Resort) and currently offers Simulated Gaming™ via the Online Casino published on Foxwoods.com website. In New York, GameAccount Network has launched a Simulated Gaming™ website via www.EmpireCityCasino.com. In Pennsylvania, GameAccount has been chosen by Parx Casino to launch Simulated Gaming™ and on-property mobile gaming in 2015. In September 2014 an undisclosed multi-State US casino operator chose GameAccount Network’s Simulated Gaming™ launching early in 2015.
In Australia, GameAccount Network has partnered with a consortium of land-based gaming venue operators to bring Simulated Gaming™ online in early 2015.
Spin Games | Overview
About Spin
Founded in 2012, Spin Games LLC, with offices in Reno, USA, and Bangkok, Thailand, designs and develops premium and customized gaming content and smart technology solutions for the interactive and land based markets. The Spin interactive games are versatile and produced in HTML5 Format and are compatible with PC, and multiple mobile applications. The Spin portfolio includes a broad range of themes with stellar graphics, sounds and features. In addition, the company’s portfolio includes and innovative secondary bonusing products for the global land based and the interactive markets.
The company brings extensive industry experience and an impressive intellectual property portfolio to the gaming marketplace. Founder and CEO, Kent Young is a gaming industry veteran who has been a key gaming industry executive for over 20 years with companies such as Aristocrat and Aruze Gaming and has previously formed and successfully sold a third party content company named ‘True Blue Gaming.’ Young is also known for being a key driver of penny slots in the North American market. For more information on Spin go to our website at www.spingames.net.
| Spin Media Contact |
| Jeanette Youngerman |
| Business Manager |
| Email: [email protected] |
| Phone: 775-420-3550 |
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