LAS VEGAS, June 13, 2013 /PRNewswire/ -- SHFL entertainment,
Inc. (NASDAQ Global Select Market: SHFL) ("SHFL" or the "Company")
has announced that its iGaming products are now live and eligible
to take real-money bets on GameAccount Network's ("GAN") market
leading online gaming platform, including its B2C site, Money
Gaming.
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In fulfillment of an agreement signed in February 2013 between SHFL and GAN, SHFL will
offer its online versions of popular proprietary table games, such
as Three Card Poker, Ultimate Texas
Hold'em, and Fortune Pai Gow Poker, to many
of the iGaming operators using the GAN platform in the United Kingdom, Italy, and Spain. GAN's impressive
portfolio of customers consists of over 20 online operators,
including Lottomatica, SNAI, Sisal, Paddy
Power, William Hill,
SportingBet and Rank Group, to name a few.
"The go-live of our online games is a significant milestone for
SHFL and it is very exciting to see this come to fruition," said
Gavin Isaacs, Chief Executive
Officer for SHFL. "Online players in key European markets will now
have the opportunity to experience our renowned proprietary table
games through a multitude of sites that GAN serves."
"Bringing SHFL's market-leading games online in Europe's regulated markets is a true privilege
which we've acted on with all due expedition," said Dermot Smurfit, Chief Executive Officer for
GameAccount Network. "We believe that there is strong demand among
our online operators and their end user players for the authentic
SHFL proprietary table games experience delivered online by SHFL's
proprietary Remote Gaming Server integrated with our Internet
Gaming System."
About SHFL entertainment
SHFL entertainment is a leading global gaming supplier committed to
making gaming more fun for players and more profitable for
operators through product innovation, and superior quality and
service. The Company operates in legalized gaming markets across
the globe and provides state-of-the-art, value-add products in five
distinct categories: Utility products, which include automatic card
shufflers and roulette chip sorters; Proprietary Table Games, which
includes live games, side bets and progressives; Electronic Table
Systems, which include various e-table game platforms; Electronic
Gaming Machines, which include video slot machines; and newly
introduced iGaming, which features online versions of SHFL
entertainment's table games, social gaming, and mobile
applications. The Company is included in the S&P SmallCap 600
Index. Information about the Company and its products can be found
on the Internet at www.shfl.com, or on Facebook, Twitter and
LinkedIn.
About GameAccount Network
Established in 2002, GameAccount Network is a leading gaming
software and gaming platform provider for regulated International,
Spanish & Italian operators seeking a fully integrated gaming
solution compatible with the technical requirements of the Alderney
Gambling Control Commission, the Italian regulator, AAMS and the
Spanish regulator DGOJ. GAN's portfolio of dynamic games attracts
recreational and VIP gamers. GameAccount Network has received
awards from eGaming Review Magazine in 2006 for Innovation and in
2011, 2012 and 2013 for Skill Games Supplier of the Year in
recognition of success in Italy
and Spain's newly regulated
markets. GameAccount Network's clients include many of Europe's leading gaming operators and leading
casino slot manufacturers. For more information please visit
www.GameAccountNetwork.com.
Forward Looking Statements
This release contains forward-looking statements within the "safe
harbor" provisions of the Private Securities Litigation Reform Act
of 1995. All statements included in this release other than
statements that are purely historical are forward-looking
statements. Forward-looking statements in this press release
include, without limitation: our anticipation that our intellectual
property is a valuable asset of SHFL with intrinsic exploitable
rights; our expectation that our products will perform as they are
designed to do and to and will meet the profitability, performance
and innovation expectations; our anticipation that we will receive
all required regulatory approvals and launch the games on GAN in a
timely manner; our strategy and ability for innovation and
exploitation of our brands and intellectual property across all of
our product lines, including online and through licensing
arrangements; and the expectation that our products will be in
demand by operators and players and that we will consistently
provide players with the dynamic gaming experience they expect. Our
beliefs, expectations, forecasts, objectives, anticipations,
intentions and strategies regarding the future, including without
limitation those concerning expected operating results, revenues
and earnings are not guarantees of future performance and are
subject to risks and uncertainties that could cause actual results
to differ materially from results contemplated by the
forward-looking statements, including but not limited to:
unanticipated challenges or dilution to our intellectual property
or our ability to use it; our unanticipated inability to accomplish
our innovation objectives or our inability to accurately gauge the
commercial appeal of our products; unexpected delays in the receipt
of our regulatory approvals or the launch of our games; unexpected
changes in the market and economic conditions and reduced demand
for or increased competition with SHFL entertainment's products;
and unexpected consumer response to the products.
SOURCE SHFL entertainment