London-listed iGaming solutions provider GAN has powered the launch of a new online casino platform for New Jersey’s Ocean Resort Casino.
The supplier has simultaneously launched both real-money online gaming and a Simulated Gaming social casino offering for the new Atlantic City venue, which opened its doors on June 28th. It follows an agreement between the two companies earlier this year.
This will enable guests to trade in their reward points earned from on-property gaming for cash online, or redeem rewards points earned from online gaming at the land-based venue. Online sports betting is expected to be rolled out during the final quarter of the year, subject to customary commercial and regulatory approvals.
"Ocean Resort Casino is a fabulous casino property, unarguably offering the best quality gaming and hotel in Atlantic City, which has now been optimized for success by the new ownership and leadership,” said GAN chief executive Dermot Smurfit. “We're privileged to bring this immense property to life online, just as it relaunches in the traditional retail casino market.”
Ocean Resort Casino CEO Frank Leone added: "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."
The launch marks the fourteenth time GAN has licensed its technology to a major US casino and the second New Jersey operator to use its converged online-to-retail gaming experience, following in the footsteps of The Borgata in December 2016.
Shares in GAN plc (AIM:GAN) gained 6.02 per cent to 54.60 pence per share in London Wednesday morning.