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GAN to Bring Sports Betting Platform to Nevada
GAN Limited is coming to Nevada.
The B2B technology supplier and options business received regulatory approval last week from the Nevada Gaming Commission to present its legal sports wagering platform to Silver State clients.
"We are extremely happy and humbled to have actually gotten regulatory approval from the State of Nevada to hold a gaming license," said GAN Interim CEO Seamaus McGill. "We are thrilled that we will be releasing our leading-edge GAN Sports product in Nevada in the next couple of months."
GAN Sports can begin trial operations of its sports betting platform following next month's state certification and approval. GAN already has the infrastructure for online betting sites and retail betting developed.
"The Las Vegas Locals market is among the biggest and most identifiable gaming markets worldwide, and we are extremely thrilled to be entering it," McGill stated. "This is the 3rd state where our B2B sports betting technology and trading option, GAN Sports, will be operational, and we eagerly anticipate bringing a distinct and fun wagering experience to a large and growing market."
Contributing to portfolio
GAN is commonly understood in The United States and Canada as an online and land-based casino technology software service provider. The business is presently offering sports wagering technology to Wynn's Encore Boston Harbor and Island Gulf Casino in Gulfport, Mississippi.
GAN, headquartered in Irvine, California, has 25 operating licenses globally and offers B2C propriety sports wagering in select European and Latin American markets as well.
Trying year for GAN
GAN revealed second-quarter profits of $33.8 million, down $1.2 million from the previous year, with $9.9 million originating from the B2B sector and $23.9 from B2C.