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IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the 'Company' or 'GAN') (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the launch of a simulated Internet sports betting experience for an existing major midwestern region retail casino operator client and available at PlayJACK.com.
Available online, simulated sports betting represents a material extension of GAN's current Simulated Gaming product and leverages the existing technical integration between GAN's GameSTACK enterprise software platform, alongside sports betting technology partner Kambi.
Sports gamblers can easily sign up online, commence sports betting purely for entertainment purposes, and see how they perform relative to other sports gamblers in their state. All major U.S. sports events are available together with a full range of pre-game and in-running betting, powered by Kambi.
GAN's retail casino operator clients of Simulated Gaming can now seek to gain an advantage previously only enjoyed by major Daily Fantasy Sports operators by acquiring future sports gamblers online today, at a lower marketing cost than the expected cost tomorrow, once the real money regulated sports betting market commences. Equipped with this ‘Industrial strength' simulated sports wagering experience, GAN clients can now appeal to and engage online with the young-to-middle-aged male sports gambler who sits at the center of the Internet sports gambling consumer demographic and future Internet sports betting revenue opportunity.
Management anticipates the addition of simulated sports betting to accelerate sales of Simulated Gaming to additional U.S. retail casino operators. GAN's integrated solutions offer both simulated Internet casino gaming to our partners' existing retail customers, as well as simulated sports betting that will appeal to a younger consumer demographic not already present within their retail casinos.
Tom Ustunel, Vice President of Gaming Operations, commented:
'The addition of simulated Internet sports betting is a natural extension of our existing product offering with key partners, as it offers sports bettors, in any state, the ability to participate in active sporting events with the added benefit of full integration with rewards program. We will continue to work closely with relevant partners on all aspects of our current and subsequent rollouts, including plans for the launch of real money Internet sports betting and casino gaming, pending regulation.'
About GAN Limited
GAN is a leading business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the U.S. land-based casino industry. GAN has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses to land-based casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements that include the words 'expect,' 'intend,' 'plan,' 'believe,' 'project,' 'forecast,' 'estimate,' 'may,' 'should,' 'anticipate' and similar statements of a future or forward-looking nature. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason, except as required by law.
In New York, there may be rigid laws pertaining to online gambling, but there are still many ways to bet in the state. NY residents have long enjoyed the thrills of live horse racing and there are some great tracks in the state that support real money wagers on races.
The Best Online Horse Racing Sites
Go to TVG
- Get replays & past performances
- Contests to enter and win
Online bettors from the US have a number of great options when it comes to placing wagers at a trusted and secure site. For residents of NY, TVG has become a top choice for horse betting. Here, those who are signing up can grab the TVG welcome bonus when they make an initial deposit. Funds earned from this TVG bonus offer can be used to place wagers on many horse races that are supported and can generate amazing...
- Get replays & past performances
- Contests to enter and win
Go to Twinspires
- Official site of Kentucky Derby
- Extensive handicapping library
- Detailed news archive
TwinSpires is one of the top-rated US horse betting sites and residents from NY are able to create an account and engage in the thrilling action of TwinSpires horse racing. This trusted site is always welcoming new members and those that create an account will have the chance to take advantage of the TwinSpires' features. With TwinSpires, there are many ways to place wagers and collect payouts while enjoying some of the best odds in the industry....
- Official site of Kentucky Derby
- Extensive handicapping library
- Detailed news archive
Go to BetAmerica
- Bet from most states
- Access to expert picks
- Adding sports & casino soon
BetAmerica offers betting opportunities across many different types of racing, including horse racing, greyhound racing, and harness racing. In this BetAmerica review, we take a look at their services and see what they have to offer new users. How to Register with the BetAmerica It will take just a few minutes for new members to create an account and they will then be able to begin placing wagers supported on the BetAmerica sports betting site. To get...
- Bet from most states
- Access to expert picks
- Adding sports & casino soon
Horse Racing in New York
All racing activities that take place in the state are overseen by the New York State Racing and Wagering Board and this will include off-track betting, harness racing, quarter horse racing, and thoroughbred racing.
Within the state, bettors can enjoy the action of racing at four different Thoroughbred tracks and seven Standardbred tracks. While live betting at these venues has been a popular pastime for many years, there is also the opportunity to engage in off-track betting.
With this option, bettors can place wagers on races that are being run in different locations.
How did Horse Betting Become Legal in NY?
Long before online gambling could be visualized, Capitol Hill lawmakers were tackled with interstate off-track betting. Up until 1970, Nevada was the only state that allowed off-track betting. Bettors in one location were given legal room to bet on horse races that are taking place on another track. Thanks to TV's broadcast live feeds of distant races, audiences in an off-track betting facility could bet and watch the event in real time without stepping on the racetrack.
All that changed when New York went ahead and legalized off-track betting parlors in 1970. This created huge businesses in the Empire State by connecting New Yorkers to racetracks all over the country. After some time, hundreds of off-track betting facilities started to sprout all over New York City as well as the upstate area.
By the year 2000, a powerful amendment was passed (Interstate Horse Racing Act 2000) which expanded the activity to include the pari-mutuel wagers placed via the internet. From that point forward, betting over the internet was now legal within the US. And since New York had already allowed interstate off-track betting, the law also applied to New Yorkers.
Many of the top-rated racetracks in NY offer simulcast races, so bettors have the chance to place wagers on events that are being held all over the world, increasing their chances of winnings and enhancing the betting experience.
In New York, bettors will have a wide selection of live tracks to visit and wager. These include popular venues that are known to host some of the hottest and most popular horse races being run.
The available tracks within New York include:
- Aqueduct Racetrack
- Batavia Downs
- Belmont Park
- Finger Lakes Gaming and Race Track
- Historic Track
- Monticello Raceway
- Saratoga Race Course
- Tioga Downs
- Vernon Downs
- Yonkers Raceway
Betting on Horse Races Online
Even though there are a number of top-notch racetracks in the state of NY, some bettors will want more betting options and will turn to online sites that support real money bets on horse races.
Our Top 3 Horse Racing Betting Sites
BetAmerica
BetAmerica is the US top horse racing sites and is fantastic for punters since it covers horse racing, harness racing and greyhound racing, but you can bet on these events all around the world. BetAmerica Horse Racing features over 200 horse racing tracks from around the world including Canada, Australia, Ireland, and the United Kingdom. However, US domestic tracks get special attention.
The wagering process works exactly the same as if you were actually on a track and you receive full track odds on all winning wagers. Major horse racing events such as the Kentucky Derby, Belmont Stakes, and Breeders Cup are well represented. BetAmerica additionally offers a great mobile app that you can access while you are on the go.
TVG
New Betting Sites
TVG is famous for their easily available tips and handicapping. At TVG, you can find expert daily picks, past performances and races replays, and all of this for free. TVG first started as a TV network that was known for broadcasting horse races. When online wagering became legal in the US, an online site was added that now allows bettors to enjoy extensive TRVG horse race betting. The site has a number of high paying TVG bonus offers and there are always new promos being presented.
To place a wager, you just register or login, select your race from the track list dropdown menu and you can monitor your slip in real time right away.
Twinspires
TwinSpires is the official partner of the American classic that heads off the Triple Crown. It should therefore be your favourite online operator, if you annually bet on on the Kentucky Derby. Members can enjoy a variety of different rewarding TwinSpires promotions featured on the site and TwinSpires offers some best odds in the industry.
Of course, other global races and tracks are supported on TwinSpires as well. You can find special information about them in the blog section, thoroughbred news, and content about harness racing.
What are the Best Horse Racing events to Bet on in NY?
If you are a thoroughbred betting enthusiast, then you'll be impressed by the runner competitions organized in New York. The events come in plenty all year round depending on the season. If you have time on your hands, you can watch some of the most exciting races in history live at the stables. In case you are on the lookout for some of the best horse racing events to bet on in New York, we've got your back. Here are a few options that will blow your mind and earn you solid payouts if you make the right predictions:
Belmont Stakes
Belmont Stakes is an American thoroughbred horse race which takes place on the first and second Saturday every June. You can catch the action live at Belmont Park, in Elmont New York. It is known as the 'Championship Track' because nearly all American champion runners have competed in the Track. With it's wide, long homestretch and sweeping turn it is considered to be one of the fairest tracks.
Jockey Club Gold Cup
Established in 1919, it is a thoroughbred race open to horses of three-year-old gender and above. It is the main event of the fall meeting at Belmont Park. Just like Belmont Stakes, the event is a spring meeting.
Wood Memorial Stakes
This is an American flat thoroughbred horse race for three-year-old horses, which takes place annually in April. The runners go head to head on a 9 furlongs dirt track at the Aqueduct Racetrack in Ozone Park, Queens New York. This event was ranked as a Grade II event since 2017, but before that, the grades were switched back and forth from Grade I.
Types of Horse Racing Bets Available
When it comes time to begin placing bets on horse races in New York, one will find they have many great options that can yield impressive payouts. So first of all, you will want to make sure you know exactly how to talk about NY Horse Betting.
Most used Horse Betting Terms
Here is an explanation for the most used Horse Betting Terms:
- Blinkers: Blinkers are also known as blinders. These are devices shaped like cups that cover the horses' eyes. This narrows their field of vision to just the track ahead of them.
- Win: This is the most basic type of bet that you can make. You just predict the winner of the specific race.
- Daily Double: This is a bet that requires wagers to pick the winners of two highlighted races. Typically, this races happen in a row.
- Handicap: This is where a weighting system is added to the better horses in order to even up the odds in the race.
- Colt: This is a young male horse.
- Filly: This is a young female horse.
- Pari-Mutuel: This is a type of bet where the bets end up pooled together and then the pay out is determined by the amount of bettors who picked the winning horse.
- Place: This is a bet where bettors decide whether they think a horse will place first or second.
- Show: This is a bet where bettors decide whether a horse will finish first, second, or third.
- Trifecta: This is a bet where bettors choose which horses will place first, second, as well as third.
- Furlong: This is a measure of distance.
- Exacta: A type of bet where you have to choose the first and second place finisher in the correct order.
- Gelding: A hard to control horse who ends up getting neutered to make him easier to control.
- Harness Racing: A type of race where jockeys ride in small carts behind the horses.
- Post Position: This is where the horses are in position in the starting stalls that is in relation to the position of the rail.
What are best bets to place?
Many new bettors will begin placing straight wagers as these are the easiest to place and the simplest to understand. There are a few Straight bets that are supported at leading horse racing venues in New York.
New York State Sports Betting
Here, one can bet to Win, Place, or Show. All of these can provide some great payouts based on the amount of the bet.
For those that are seeking a bit more action and wish to win more from the races they bet on, exotics may be a better option.
These are a bit more complex than Straight bets but they will offer more in terms of payouts when they win. Exotic bets can include Exacta, Trifecta, Superfecta and Box bets.
Bettors will also have the ability to place Multi-Race bets at some of the leading horse racing locations in New York and with these, one will be selecting the winner on consecutive races.
These bets include Daily Double, Pick Three, and Pick Four.
With so many betting options available, those visiting tracks in New York or betting at trusted online sportsbooks will find they always have great ways to wager and some outstanding opportunities to collect high paying returns.
New Betting App In Tennessee
