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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Gan Plc | LSE:GAN | London | Ordinary Share | GB00BGCC6189 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 225.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
IGT Sports betting now integrated by GAN for FanDuel Group
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, today announces the Company has launched Internet sports betting in New Jersey delivered for Paddy Power Betfair plc’s FanDuel Group, GAN’s first US client to operate Internet sports betting via the GAN Platform.
The partnership with the FanDuel Group for delivery of Internet sports betting serving New Jersey residents via the GAN Platform was previously announced on July 18, 2018.
Highlights
Sports betting has been delivered as an integrated extension into GAN’s enterprise software Platform and GAN participates in the incremental sports betting revenues.
FAQ’s about Internet Gambling ‘Platform’ & US sports betting regulation
Notes:
1 https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PPB/13713019.html2 https://www.prnewswire.com/news-releases/betfair-us-reaches-long-term-agreements-for-sports-betting-in-new-jersey-and-new-york-with-meadowlands-racetrack-and-tioga-downs-300661947.html3 http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/GAN/13608385.html
GAN | Overview
GAN is a leading B2B supplier of Internet gambling enterprise software-as-a-service solutions to the US land-based casino Industry. GAN is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAN
The Company has developed an 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 betting and/or virtual Simulated Gaming.
GAN has fourteen (14) casino operators as clients of Simulated Gaming coast-to-coast across the US and Internationally; two (2) clients of real money Regulated Gambling in New Jersey; one (1) client of real money Regulated Gambling in Pennsylvania and ten (10) clients of real money Regulated Gambling in Europe.
The Internet Gambling System, developed in London under a UK Gambling Commission license, is certified to the highest technical standards currently required by gambling regulators. In April 2017 GAN was granted a Casino Service Industry Enterprise license by the New Jersey Division of Gaming Enforcement being GAN’s first privileged gaming license in the United States. In May 2018, the US Supreme Court repealed PASPA and GAN confirmed the H2 launch of sports betting for US clients integrated into GAN’s enterprise software platform. In September 2018 GAN launched Internet sports betting in New Jersey, available as an integrated option alongside Internet gaming.
For more information please visit www.GAN.com
FanDuel Group overview
FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV/media, including FanDuel, Betfair US, DRAFT, and TVG. FanDuel Group has a presence across 45 states and 8 million customers. The company is based in New York with offices in California, New Jersey, Florida, Oregon, and Scotland. FanDuel Group is a subsidiary of PaddyPower Betfair plc, a leading international sports betting and gaming operator and a constituent of the FTSE 100 index of the London Stock Exchange.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180910005472/en/
GANDermot Smurfit, +44 (0) 20 7292 6262Chief Executive Officerdsmurfit@GAN.comorUS Investors: The Equity GroupAdam Prior, 212-371-8660aprior@equityny.comorUK & Ireland Investors: Walbrook PRPaul Cornelius, +44 20 7933 8780GAN@WalbrookPR.comorDavy (Nominated Adviser, ESM Adviser and Joint Broker)John Frain / Barry Murphy+353 1 679 6363orLiberum (Joint Broker)Neil Patel / Cameron Duncan+44 (0) 20 3100 2000
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