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GAN Launches Internet Gambling for Parx Casino in New Jersey

GAN plc, an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today announces that GAN and Greenwood Gaming & Entertainment, Inc. trading as ‘Parx Casino’ (“Parx Casino”) have launched Internet gaming in the State of New Jersey now available online 24/7 since Friday October 4, following a three-day soft launch period.

Parx Casino patrons can also link their Reward Card online to their counterpart Internet gambling account, enabled by GAN’s U.S. patented integration framework. This represents the second U.S. State that GAN has launched Parx Casino in, following the launch of Internet sports betting and Internet casino gaming in Pennsylvania on June 24 and July 15, respectively.

Highlights

  • Parx owns and operates the #1 land-based casino property in Pennsylvania located a short distance from Philadelphia, Pennsylvania’s largest City. In the most recent fiscal year ended June 30, 2018 Parx Casino generated $570m from slot machines and table games on-property representing a 18% share of the Pennsylvania’s $3.2bn gaming market.
  • GAN’s US-patented technology enables Parx Casino patrons enrolled in the on-property loyalty program, to sign up online and instantly link their reward cards 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 and/or sports betting, to be subsequently redeemed on-property.

Management Commentary

Dermot Smurfit, Chief Executive Officer of GAN commented:

“Launching the largest casino in Pennsylvania online has now logically extended across the border into New Jersey, extending their reach into New Jersey’s fast-growing and established Internet gambling market. This represents an incremental revenue opportunity for GAN and is a logical extension of our technology infrastructure to serve Parx Casino patrons who routinely cross the invisible border between these two populous States.”

John Dixon, Chief Operating Officer of Greenwood Gaming & Entertainment, Inc commented:

“GAN has now ably demonstrated it abilities to serve our business needs in multiple States which aligns with the cross-border nature of our existing retail gaming customer base. GAN’s launch in New Jersey was a case study in on-time delivery and professional excellence and will enable our patrons to gamble online in either Pennsylvania or New Jersey, as they wish.”

Parx Casino Opens Parx Sportsbook As Part Of $10M Expansion

Parx Casino®, Pennsylvania’s #1 casino, announced the grand opening of the brand new Parx Casino® Sportsbook on Thursday. Parx Casino® Sportsbook looks to set the industry standard with a dazzling 7,400 square foot space that features a sweeping 156 foot HD media wall that can show up to 36 games all at the same time. Additionally, the sleek, state of the art space will feature six live tellers, 18 kiosks, 196 seats, three VIP areas, plus a 38′ x 14′ bar with 38 seats and a dramatic four-tier light design hanging from above. At the bar, look for a full menu of beer, wine, spirits and cocktails. From the kitchen, look for elevated game day favorites, including chicken wings, the Philly cheesesteak, a selection of burgers, and even a vegan Impossible burger. Parx Casino® will cut the ribbon at 3:00pm, and then open to the public at 5:00pm just in time for the Philadelphia Eagles preseason game vs. the Tennessee Titans. The grand opening of this permanent Sportsbook follows the recent launch of the Parx Online Sports Betting App and the Parx Casino real money casino. Parx Casino® is located at 2999 Street Road, Bensalem, in the heart of Bucks County – and only a short drive from Philadelphia and New York.

“Parx Casino® is excited to cut the ribbon on the best sportsbook in the country,” said Senior Vice President of Interactive Gaming & Sports, Matthew Cullen. “Parx aims to set the industry standard in this new and fast-growing arena. The timing couldn’t be better as we head into football season. We felt our local Eagles fans deserved to have the ultimate game day destination to cheer on the Birds. Game day will soar to new heights as we present the absolute best gaming and entertainment experience of its kind. We have worked for nearly two years to expand our portfolio of offerings to give patrons the best of all types of legalized gaming. After the recent launch of online sports betting and our real money online casino, the grand opening of Parx Casino Sportsbook completes this mission.”

Sports fans are invited to place their bets at the largest and most state-of-the-art new sportsbooks in America. When opened, customers can expect their favorite ways to bet on sports at Parx including: spread, moneyline, total, props, parlays and teasers. Sports that will be available will include, among others, Pro Football, Pro Basketball, Pro Baseball, Pro Hockey, College Football, College Basketball, Tennis, Golf, MMA, Boxing, Auto Racing and more. In honor of the grand opening, the first 1,000 people to come through the Sportsbook doors on August 8th will receive a $25 free bet when they fund their online sports betting account with at least $25. The promotion is available to both new signups and people with existing Parx Casino® online accounts. Look for details at the grand opening and on the Parx website.

The new Sportsbook will be open 24 hours a day, seven days a week with 10-16 hours of live teller assistance pending on sports schedules. The space can hold up to 422 people, and features a 156 foot HD media wall that can broadcast 36 games simultaneously. The space also features six live teller windows, a full service bar, and comfortable seating for up to 200 people to watch the games. There will be 18 self-service sports betting kiosks available in the new Sportsbook as well as throughout the casino floor, Parx Beer Garden and Parx Poker Room.

From the kitchen, Parx Casino’s Sportsbook will fire up elevated game-day favorites. The opening menu includes Cheesesteak Dumplings $9, Chicken Tenders $10, Chicken Caesar Salad $1, Sports Book Chicken Wings $12, Boneless Chicken Wings $12, Angus Beef Hot Dog $7, Cheddar Pub Burger $10, Crispy Fried Chicken Burger $12, Philly Cheesesteak $12, Shaved Pork and Broccoli Rabe $12, Smoke House Burger $13 and The Impossible Burger $14.

The $10M addition of Sportsbook follows a $58.5M expansion over the last two years that included the Xcite Center, Parx Poker Room, Liberty Bell Gastropub, Oliveto and Parx Casino® Beer Garden.

GAN Launches Internet Sports Betting for Parx Casino

GAN, an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today announces that GAN and Greenwood Gaming & Entertainment, Inc. trading as ‘Parx Casino’ (“Parx Casino”) have launched Internet sports betting in the Commonwealth of Pennsylvania and as of yesterday, is now available online 24/7 following a three-day soft launch period.

Parx Casino’s nominated third party sports betting application software provider KAMBI was integrated by GAN into the GAN Platform. Parx Casino patrons can also link their Reward Card online to their counterpart Internet gambling account, enabled by GAN’s U.S. patented integration framework. Internet casino gaming is expected to launch on July 15, subject to all requisite regulatory approvals.

Highlights

Pennsylvanian regulated Retail Sports betting is forecast to generate in excess of $100m1 in gross win in the first 12 months and Internet Sports betting is forecast to generate a further $189m2 in the same period, in addition to the Pennsylvanian regulated Internet Gaming market forecast to generate $200m3 in gross gaming revenue online during the first twelve months of operation.

Parx owns and operates the #1 land-based casino property in Pennsylvania located a short distance from Philadelphia, Pennsylvania’s largest city. In the most recent fiscal year ended June 30, 2018, Parx Casino generated $570m from on-property slot machines and table games, representing an 18% share of the Pennsylvania’s $3.2bn gaming market.

GAN’s US-patented technology enables Parx Casino patrons enrolled in the on-property loyalty program, to sign up online and instantly link their reward cards 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 and/or sports betting to be subsequently redeemed on-property.