GAN plc (“GAN” or the “Company”), an award-winning developer and
supplier of enterprise-level B2B Internet gaming software, services and
online gaming content in the United States and Europe, welcomes the
signing and legalization of sports betting in Indiana, including
state-wide use of mobile and internet wagering. Indiana is the 10th
State to legalize and regulate sports betting in the US, following
Montana’s legalization of single-game wagering via state lottery last
week.
GAN anticipates serving one or more land-based casino operators in
Indiana with real money Internet gambling technology and supporting
services in 2019.
With a population of 6.73 million, the State of Indiana materially
increases the number of Americans who will be permitted to bet on sports
online. GAN is strongly positioned to serve Indiana’s casino operators
in the State following a successful launch of Internet casino and sports
betting in the State of New Jersey in September 2018 and an expected
launch in Pennsylvania in the coming months.
Management Commentary
Dermot Smurfit, CEO of GAN commented:
“With ten States now having passed sports wagering laws in the US, we
remain increasingly confident that more states will legalize as the
regulatory cycle for sports gambling in the US continues to gain
momentum. GAN has been preparing for sports gambling legalization since
Q4 2017 and is ready to service casinos and sportsbooks as States
legislation moves forward. ”
About GAN Plc
GAN is a leading business-to-business (“B2B”) supplier of internet
gambling software-as-a-service solutions (“SaaS”) to the US land-based
casino industry. The Company has developed a proprietary internet
gambling enterprise software system, GameSTACK™, which it licenses
principally to land-based US casino operators as a turnkey technology
solution for regulated real-money internet gambling, encompassing
internet gaming, internet sports gaming and virtual Simulated Gaming.
The Company has also launched digital user acquisition & retention
marketing in support of the Internet Casino (https://casino.winstar.com)
provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.
GAN is listed on the London Stock Exchange (LSE: GAN) and on Euronext
Dublin (Euronext Growth: GAME).
For more information please visit www.GAN.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190512005028/en/