Aristocrat Purchases Online Platform
SYDNEY, AUSTRALIA -- (Marketwire) -- 11/12/12 -- Aristocrat Leisure
Ltd has announced an agreement with GameAccount Network ("GAN") by
which Aristocrat will assume full ownership of the award winning
nLive(TM) platform solution.
The agreement encompasses the purchase of GAN's internet gaming
system ("IGS") and remote game server ("RGS"). 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
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(TM) 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(TM) 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 U.S. market, where we
will assume full ownership of the nLive(TM) 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 Mr. 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(TM) 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.
Aristocrat Leisure Limited (ASX: ALL) is a leading global provider of
gaming solutions. The Company is licensed by more than 200 regulators
and its products and services are available in over 90 countries
around the world. Aristocrat offers a diverse range of products and
services including electronic gaming machines, interactive video
terminal systems and casino management systems. For further
information visit the company's website at www.aristocratgaming.com
Tel: +61 421 052 265
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