GAN partners Washington’s Snoqualmie Indian Tribe for social gaming4th February 2020 9:24 am GMT
London-listed iGaming supplier GAN has agreed a deal to launch its Simulated Gaming product with Washington State’s Snoqualmie Indian Tribe.
GAN will deploy its free-to-play casino offering for the Snoqualmie Indian Tribe, which owns the Snoqualmie Casino in Snoqualmie, during the first half of 2020.
The agreement marks GAN’s 16th US casino partner and 7th partnership with a major tribal casino partner.
“We are pleased to partner with the Snoqualmie Indian Tribe in bringing Seattle's Closest Casino online with our Simulated Gaming solution,” said GAN chief commercial officer Jeff Berman. “The Washington gaming industry is a nearly $2bn market with the majority of casinos concentrated in the Seattle-Tacoma region.
“We look forward to supporting the Snoqualmie Tribe in engaging and growing their audience as we work to solidify GAN's market position as the leading B2B enterprise software solution provider to US land-based casinos.”
The deal also provides GAN with the opportunity to supply sports betting to the Snoqualmie tribe should enabling legislation and corresponding regulatory approval come to pass in the state. There are currently multiple bills to approve sports betting in the Washington state legislature.
“We were particularly interested in this partnership with GAN because of their professionalism and product quality," said Snoqualmie Casino interim CEO and president Stanford Le.
“The Simulated Gaming model integrates well with our on-property rewards program and will serve as a valuable vehicle to provide our patrons with another entertainment outlet.”
Shares in GAN plc (LSE:GAN) were trading down 2.81 per cent at 173.00 pence per share in London earlier Tuesday.