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. 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. In a press release announcing the launch of Parx Casino NJ, GAN CEO Dermot Smurfit said this:
The Parx Casino platform in both states is powered by technology from business-to-business suppliers GAN and Kambi. To that end, Parx Online Casino is partnered with Atlantic City’s Ocean Resort Casino. New Jersey law requires all operators to partner with a local, land-based casino in order to offer online gaming to Garden State customers. Parx Casino is the most successful land-based casino in Pennsylvania by revenue, and entered the online gambling market there with the launch of a mobile sportsbook in June 2019 and an online casino the following month.
Parx Casino has launched online gambling in New Jersey following a successful soft launch held at the beginning of the month.
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