10 Mar 2020 07:00
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 | aprior@equityny.com |
+1 214 799 4660 | +1 212 371 8660 |
jwielebinski@GAN.com |
Carolyne Sohn csohn@equityny.com +1 415 568 2255
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| UK & Ireland Investors: Newgate Communications |
| Adam Lloyd Giles Croot |
| GAN@Newgatecomms.com |
| +44 (0) 20 3757 6880 |
| Davy (Nominated Adviser and Joint Broker) |
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| John Frain / Barry Murphy |
|
| +353 1 679 6363 |
|
|
Liberum (Joint Broker) |
|
| Neil Patel / Cameron Duncan |
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| +44 (0) 20 3100 2000 |
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GAN.L (GAN)