Stay Informed.News

GAN Welcomes Regulation of Internet Gambling in Indiana

12 May, 2019
 
 
 
LONDON STOCK EXCHANGE (LSE): GAN – EURONEXT DUBLIN (EURONEXT GROWTH): GAME
 
GAN Welcomes Regulation of Internet Gambling in Indiana
 
London & Dublin - May 13, 2019: 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 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.
 
 

 
For further information please contact:
 
GAN US Investors: The Equity Group
Jameson Wang Adam Prior
VP, Investor Relations & Analytics aprior@equityny.com
jwang@GAN.com
+1 (310) 384-1132
212.371.8660
   
  UK & Ireland Investors: Walbrook PR
  Paul Cornelius
  GAN@WalbrookPR.com
  +44 20 7933 8780
 
  Davy (Nominated Adviser, Euronext Growth Adviser and Joint Broker)  
  John Frain / Barry Murphy  
  +353 1 679 6363  
   
Liberum (Joint Broker)
 
  Neil Patel / Cameron Duncan  
  +44 (0) 20 3100 2000  

Recent News

24 June, 2019
Announces Legalization of Sports Betting in Maine

London & Dublin - June 24, 2019: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, welcomes the signing and legalization of internet sports betting in Maine, and is the 15th State to legalize sports wagering in the US and the seventh to do so this year. Upon launch, 21% of the total US population will be able to place sports wagers online.  

Read Full Article
20 June, 2019
Additional Services for FanDuel in PA

London & Dublin - June 20, 2019: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software and services in the United States and Europe, today announces a material addition to the existing services provided to FanDuel Group (“FDG”), the U.S. business unit of Flutter Entertainment plc (formerly Paddy Power Betfair plc).

Read Full Article
14 June, 2019
Legalization of Online Sports Betting in NH

London & Dublin - June 14, 2019: GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, welcomes the signing and legalization of internet sports betting in New Hampshire. New Hampshire is the 14th State to legalize sports wagering in the US and the sixth to do so this year. Following the launch, nearly 21% of the total US population will be able to place sports wagers online.  

Read Full Article
Top of page