GameAccount Network improves position in US market with new patent

This patent strengthens GameAccount’s position in the US market by granting unique intellectual property rights over the mechanisms by which an Internet gaming experience is converged with land-based casino gaming.

The iBridge Framework module extension for the GameSTACK Internet Gaming System now offers a range of rewards points’ incentives capable of being awarded to patrons as an integral part of the Internet gaming experience.

The iBridge Framework delivers a converged online-to-offline experience proven to encourage online patrons to increase visitation to the conjoined casino property. More than 50 million US casino patrons are estimated to hold one or more reward cards used to accumulate rewards points redeemed inside casino properties.

Highlights
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iBridge Framework patent delivers on GameAccount's IPO commitment to develop unique Intellectual property 
•    Strengthens the business case for US casino operators to adopt iGaming solutions from GameAccount Network
iBridge Framework now-patented system connects the Company’s GameSTACK™ Internet Gaming System to various proprietary and third party casino management systems and their loyalty club programs
Patent provides GameAccount with a sustainable competitive advantage in the US market and positions the company for continued growth

Dermot Smurfit, CEO of GameAccount Network, said: “Developing sustainable competitive advantage in the US through intellectual property protection represents delivery of one of our objectives set at the time of our IPO. The patent further demonstrates the strength of our offering and validates our position as a key player in the market. It also represents significant progress towards our stated objective of growing our business through opportunities in the US.”

“We believe that this step will enhance our US offering and build upon the already excellent relationships we have developed with leading US casino brands. We look forward to making the patented software designs available for licensing in due course”

“We are very pleased to have our innovative casino management system integration framework recognized by the US Patent Office. Securing this patent adds incremental strength to our enterprise solution which is designed to meet the diverse needs of US casino operators looking to move online in advance of or consequent to iGaming regulation.” added Simon Knock, COO of GameAccount Network.

Overview of GameAccount’s iBridge LinkSystem:

•    Most US casinos offer rewards cards to their patrons. By placing their rewards card into a slot machine while playing slots, the patrons accumulate rewards points. Rewards points can be used by patrons in the casino to redeem for goods and services or additional free gaming.

An estimated 50 million Americans who frequent US casinos have one or more rewards cards.
Casino operators typically rely on Casino Management Systems (CMS) to manage rewards cards and the underlying rewards account opened by their customers.
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Since 2009, GameAccount Network has linked its GameSTACK Internet Gaming System with five different types of casino management system used by US casinos.
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GameAccount Network's now-patented iBridge Framework allows rewards points to be awarded to casino patrons based on their diverse online activities including registering, depositing, purchasing and gaming.
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Both the Simulated Gaming and regulated real money Internet gaming solutions available for US casinos include the iBridge Framework module.