SBC News GameAccount Network awarded US patent

GameAccount Network awarded US patent

patentGameAccount Network plc  developer and supplier of enterprise-level B2B Internet gaming systems and online gaming content, has been awarded a patent by the US Patent Office for its iBridge Framework™. The iBridge Framework™ enables the complete integration of an Internet Gaming System with a land-based casino’s rewards points program.

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

  • 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.

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