Smurfit Jnr’s Gan in partnership with European slot manufacturer
Dermot Smurfit Jr's Gan has signed a long-term deal with Czech Republic-based slot machine and gaming technology manufacturer Synot.
The contract is valued at in excess of £400,000 (€443,000).
Synot is a manufacturer of physical gaming machines and designer of diverse gaming software, with gaming business activities across Europe, Asia and Africa.
Under the terms, Gan will distribute six Synot-designed premium casino games to the US market through Gan's proprietary 'GameSTACK' Internet Gambling Platform (IGS).
The multi-year deal includes paid-for development fees and ongoing revenue-share participation throughout the term.
All games are expected to be launched and fully functional by the end of next year.
"We are excited to begin working with Synot and look forward to bringing their successful European slot titles to select US markets," Dermot Smurfit, CEO of Gan, said.
"The deal solidifies Gan's US market position as a viable route for international and domestic gaming companies to gain immediate access to the new and fast-growing regulated US online gaming market."
Mr Smurfit added that he expects the deal to materially impact Gan’s earnings and revenue in 2019.