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, welcomes the signing and
legalization of sports betting in Iowa, including state-wide use of
mobile and internet wagering. Iowa is the 11th State to
legalize sports betting in the US and the third to do so this year.
With 19 casinos eligible to offer sports betting in the State of Iowa
and a population of 3.2 million, the number of Americans who will be
permitted to bet on sports online materially increases. GAN is strongly
positioned to serve Iowa’s casino operators and anticipates servicing
one or more land-based casino in the state in 2019.
Management Commentary
Dermot Smurfit, CEO of GAN commented:
“Iowa is the third state to legalize sports betting in 2019,
following Indiana and Montana, both of which passed legislation in the
past few weeks. Although there is no saying for certain, we anticipate
this trend to continue, and remain prepared to service more States as
they come online.”
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.
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