GAN, a UK-based and privately held firm, owns and operates an internet gaming platform, powering online casinos in regulated jurisdictions. Aristocrat and GAN previously entered into a partnership to provide internet gaming platform services and solutions to North American operators via the nLive platform.
Aristocrat CEO and Managing Director Jamie Odell said this transaction positions Aristocrat to benefit as the online gaming segment gains momentum over the medium term, and represents a significant milestone in the execution of our online strategy. “The nLive platform is an integral part of our plans - offering land-based operators a turn-key, wager ready, ‘virtual casino’ online. Since its launch in the U.S. in April, nLive has delivered impressive results and generated strong customer interest.
“This acquisition delivers two advantages to Aristocrat. Firstly, it bolsters our position in regulated gaming markets around the world by facilitating more rapid content distribution through an RGS. Secondly, it positions us well in the critical US market, where we will assume full ownership of the nLive IGS.
“We are committed to extending our market leading Casino Management Systems capabilities into the digital space, thereby expanding the view of the player for our customers, enhancing the player journey and delivering quality content through a ‘wager-ready’ digital platform,” concluded Odell.
“Full ownership of the platform is the next logical step in Aristocrat’s digital strategy. It provides the ability to innovate in the nLive platform, distribute Aristocrat’s great content across multiple channels and meet the growing needs of our customers,” added Manjit Gombra Singh, Senior Vice President - Enabling Technologies.