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GAN PLC (GAN)

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Tuesday 10 March, 2020

GAN PLC

GAN Announces Favorable Italy Trading Update

RNS Number : 5699F
GAN PLC
10 March 2020
 

 

LONDON STOCK EXCHANGE (LSE): GAN

 

GAN Announces Favorable Italy Trading Update

 

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.

 

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.

 

 

 

For further information please contact:

 

GAN

US Investors: The Equity Group

Jack Wielebinski

Adam Prior

Head of Investor Relations

[email protected]

+1 214 799 4660

+1 212 371 8660

[email protected]

 

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

 

 

 

 

 


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