Award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content, GAN is set to extend its partnership with Greenwood Gaming and Entertainments’ Parx Casino into the regulated New Jersey gambling market. Known for being one of the leading suppliers of online gambling software-as-a-service solutions (SaaS) in the United States, the company has managed to stay ahead of its competitors by inking some of the most lucrative partnership deals available. At the same time, it has also been lauded for having created an outstanding digital used acquisition and retention marketing services to support a number of online gaming services.
As per terms of the partnership agreement between Greenwood Gaming and Entertainment and GAN, the latter will provide a range of online casino gaming and sports betting services to the former’s Parx Casino operation in New Jersey. As it stands, the partnership is yet to be approved by the regulatory authorities in New Jersey. In addition to that, the casino operator will be required to secure a licensing partner in the state. Even so, the partnership is certainly going to be a great way of building the already strong relationship between the two companies, especially in Pennsylvania.
GAN and Parx first joined forces to apply for a sports betting licenses in the Keystone State in 2018 after the US Supreme Court lifted the federal ban on sports betting. This was the second sports betting license that GAN had received in the country.
More Good News
Last week, GAN was treated to even great news when the Pennsylvania Gaming Control Board (PGCB) conditionally approved as an Interactive Gaming Manufacturer in the state. The move not only reflected the company’s reputation as a reliable service provides but was also proof of its commitment to compliance, transparency, and probity. As mentioned earlier, this will be the second gaming license that the company is acquiring in the United States with the first being the full Casino Service Industry Enterprise license that it received in the neighboring State of New Jersey back in April 2017.
Fortunately, the company also parted with just $10,000 instead of the previously expected $1 million in direct licensure costs. The company has also notified its clientele that it still expects online gambling in Pennsylvania to begin in Summer 2019 despite the plethora of issues that have recently cropped as a result of the reinterpretation of the 1961 Wire Act among other things.