Archives for March 2020
London | March 30, 2020: 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, today updated the market following the publication on March 18, 2020, by the Pennsylvania Gaming Control Board (“PGCB”) of Internet gaming and Internet sports betting financial information for the calendar month of February 2020 in Pennsylvania.
London | March 27, 2020: 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, today provides more information on the previously confirmed closure of certain market access arrangements with the Sault Tribe of Chippewa Indians (“Tribe”) in the State of Michigan, following the December 23, 2019, passage into Michigan law HB 4311, a bill that includes provisions for the legalization of full real money Internet casino gaming in the State of Michigan as well as Internet sports betting.
London | March 25, 2020: 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, today provided a market update including an update in light of the recent developments regarding COVID-19.
The Company maintains online only gaming operations, and the successful implementation of “Work from Home” was completed on March 13. As a wholly digital business, GAN has not experienced any interruption in technical development, and/or technical operations conducted to support its clients. Furthermore, early indications of a material shift from retail gambling to online gambling is anticipated to be positive for GAN’s overall revenue opportunity during this time.
Shareholder documents relating to the UK scheme of Arrangement the anticipated NASDAQ listing.
London | March 13, 2020: 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, today updated the market following the publication on March 12, 2020, by New Jersey’s Division of Gaming Enforcement (“DGE”) of Internet gaming and Internet sports betting financial information for the calendar month of February 2020 in New Jersey.
London | March 10, 2020: 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, today updated the market on performance in Italy.
Year-to-date the Company has processed in excess of 306 million bets online in the Italian regulated market, an increase of +8.4% year-on-year from 282 million bets in the same period of 2019. Following imposition of certain measures on February 23, +13.9% more online bets have been processed year-on-year via GAN’s technology Platform in Italy during the following fourteen (14) days. The Company has seen these trends continue into March.
