GAN Announces Favorable Italy Trading Update

LONDON--(BUSINESS WIRE)-- 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.

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.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200310005328/en/

GAN
Jack Wielebinski
Head of Investor Relations
+1 214 799 4660
[email protected]

US Investors: The Equity Group
Adam Prior
[email protected]
+1 212 371 8660

Carolyne Sohn
[email protected]
+1 415 568 2255

UK & Ireland Investors: Newgate Communications
Adam Lloyd
Giles Croot
[email protected]
+44 (0) 20 3757 6880

Davy (Nominated Adviser and Joint Broker)
John Frain / Barry Murphy
+353 1 679 6363

Liberum (Joint Broker)
Neil Patel / Cameron Duncan
+44 (0) 20 3100 2000

Source: GAN plc

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