The recently announced new deal between the two organizations will begin with the launch of a free-play online casino website, and is currently subject to the approval of regulators. Should the site be approved, the Mashantucket Pequot Tribal Nation hopes to have the site up and running later this year.
Online Site Attempts
This isn’t the first time the tribe has attempted to enter into the world of online gambling; last year saw them make a deal with online operator Sportingbet. That deal fell through following Sportingbet becoming a takeover target of UK bookmaking firm William Hill and GVC Holdings.
The deal with GameAccount Network also includes provisions that will enable the new JV partners to put out a turnkey online solution to prospective customers from other states, whether they are tribal or not.
As well as casino games, the GameAccount Network’s online offerings currently include skill games too, as well as a mobile component and third-party casino game content from IGT and SHFL.
Rodney Butler, chairman of the Mashantucket Pequot Tribal Nation, announced that he hopes to “take the same leadership position” in the U.S. online gambling market that the tribe has managed to establish in land-based casino gambling.
GameAccount Network Reacts
GameAccount Network already entered into the online gaming industry in the U.S. through its partnership with Aristocrat, the Australian slots firm.
Dermot Smurfit, chief executive officer at GameAccount, proudly described the company as one of the first European firms to get a foot in the door of the U.S. online gambling market, adding that the “specialist experience, expertise and technical functionality” of the company would be used as the foundational support for their new strategic partner as they move into this new sector.