Tuesday November 12,2013 : NEW JERSEY AWARDS GAMEACCOUNT PRELIMINARY LICENCE
Third jurisdiction added to licence roster
GameAccount Network has been awarded a single transaction waiver by the New Jersey Division of Gaming Enforcement following an extensive application for a full Casino Service Industry Enterprise licence to become an interactive gaming software provider in New Jersey.
“We are one of the few European internet gaming companies with significant accrued experience in the US land-based casino Industry. Our decision to file and seek licensing in New Jersey ensures we are positioned to provide land-based casino operators with a world-class, proven internet gaming system,” said Dermot Smurfit, GameAccount Network Chief Executive Officer.
The gaming application and approval to engage in business in the State of New Jersey marks GameAccount Network’s first US filing for a US gaming licence, in addition to the existing licences it holds in the UK and Alderney jurisdictions.
“Filing in New Jersey was the logical step for our directors and shareholders, in order to be present as a licensed technology provider upon commencement of New Jersey’s exciting new intra-State Internet gaming market in the United States. It will be a privilege to become a New Jersey-licensed entity and I want to take this opportunity to thank my fellow directors and shareholders for undertaking the lengthy and complex licensing & disclosure process required to support GameAccount Network’s US licensing ambitions,” says Smurfit.
Julius Patta, GameAccount Network President North America, added: “GameAccount Network has an exciting opportunity in the US. New Jersey’s cross-product regime represents the most exciting opportunity among the three already-regulated US States. It is expected that several more States will regulate Internet gaming throughout the coming business cycle and GameAccount is positioned to become a partner of choice in offering simulated and real-money gaming to land-based casino operators who wish to capitalise on this exciting market opportunity.”