GAN secures exclusive rights over IT’s online slot portfolio

GAN secures exclusive rights over IT’s online slot portfolio

GAN has come to terms with Incredible Technologies on a multi-year agreement, enabling the online gaming platform to gain exclusive rights to all of the slot maker’s online games.

IT will supply GAN with its online slot titles over the next few years

GAN gets exclusive rights over Incredible Technologies’ online slots

The Deal: GAN this week issued a press release to announce the partnership with Incredible Technologies, a company that designs and manufactures Class III casino games.  

The Product: According to the arrangement, IT agrees to distribute its entire online games suite exclusively through GAN’s platform (or through Super RGS in the US). GAN has gained the rights over IT’s ‘exclusive and substantial’ online casino slot gaming portfolio over the next few years.

The Objective: GAN has a lot to gain from its deal with IT as it creates additional revenue streams. IT’s online casino operation in New Jersey has already generated GAN money through its online content licensing fees. The platform will also benefit from the partnership since its exclusive online slot partners’ content is projected to represent almost seven percent of the total slots sold in the US in 2020 alone.

In addition, the long-term deal enables IT to ramp up its production of online casino games by collaborating with a single partner that commands a major online distribution network in the US. IT expects its roster of online games to grow larger, reaching as many as 110 games during the contract term. The Vernon Hills, Illinois-headquartered company launched a handful of top-performing titles, including Crazy Money and Money Rain.

Executive Insights:

GAN’s chief commercial officer, Jeff Berman, commented: “We welcome this partnership with Incredible Technologies as another validation of our market-leading presence in the regulated intra-state markets of America.

“Today’s announcement is another exciting step toward building upon our strategy of establishing exclusive online access rights to the most popular retail US slot games. Few content providers in the US market have established a reputation for innovation and creativity as well as the operational excellence of Incredible Technologies.

“The popularity of IT’s slot games, including the player-favourite Ultra Rush themes, will be a critical addition to our portfolio as we commit ourselves to become a leading provider of exclusive online content.”

IT’s SVP of gaming, Daymon Ruttenberg, added: “Our partnership with a proven and premier partner like GAN advances the online US distribution of our leading portfolio of gaming content.

“Since our company’s founding, we have been committed to creating innovative and exciting ways to engage players with new technologies and capabilities. We know that GAN shares this commitment, and we look forward to bringing new online experiences to our players through GAN’s extensive online distribution network. Together, we will be drivers of the US igaming market as it continues to grow.” 

Avatar

About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.