GAN Welcomes Approval of Regulated Real-Money iGaming in Pennsylvania
London & Dublin | June 29, 2016: GameAccount Network plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today welcomes the approval of a bill by The House of Representatives in Pennsylvania that includes provisions for the legalisation of full real money Internet casino gaming in the state.
The bill titled HB 2150 was approved by the House of Representatives on its third consideration yesterday and has now gone to the Senate for their approval and, if approved by the Senate, will be presented to the Governor of Pennsylvania for signing into law.
Dermot Smurfit, CEO of GAN commented on the development:
“This approval is a significant step in support of continued regulation of Internet gaming in America. We are delighted to welcome yesterday’s approval of HB 2150 by The House of Representatives in Pennsylvania, long-anticipated to become America’s fourth State to regulate Internet casino gaming.
Passage of this bill into law will allow us to commence real money Internet casino gaming from our enterprise-level Internet gaming platform already deployed on-property for Pennsylvania’s largest land-based casino and currently delivering Simulated Gaming integrated with the property’s reward program in preparation for regulated real money Internet gaming.
We are one of the few European internet gaming companies with significant experience in the US land-based casino Industry and we are extremely well positioned to continue with our stated strategy of providing our award-winning Internet gaming system for real-money gaming in America’s regulated markets.
The anticipated passing of bill HB 2150 will be a very positive development for GAN.”
London & Dublin | January 15, 2018: GAN plc ("GAN" or the "Company") a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, today announces a strategic relationship with SBTECH to serve real money sports betting to GAN's diverse US casino operator clients ("Clients"). Integrated with GAN's GameSTACK™ enterprise software platform, SBTECH's sports betting solution is anticipated to be delivered to selected Clients' end users engaging via both the Internet and retail channels. GAN's Clients together represent more than seventy casino properties located coast-to-coast generating in excess of $8bn in land-based casino gaming revenues annually.Read Full Article
London & Dublin | October 31, 2017: GAN plc (“GAN” or the “Company”) a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, today announces that HB 271, a bill that includes provisions for the legalisation of full real money Internet gaming in Pennsylvania, was signed into law by the Governor of Pennsylvania yesterday. HB 271 was passed by the Senate in Pennsylvania on October 25, by the House of Representatives on October 26 and signed into law by Governor Tom Wolf on October 30.Read Full Article
London & Dublin | October 18, 2017: Further to the announcement on 10 August 2017 relating to the transition of the Group’s Chief Financial Officer (“CFO”) role to the US, GAN plc (“GAN” or the “Company”) announces that Desmond Glass has resigned as CFO and director of GAN, effective 10 October 2017.Read Full Article