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GAN Schedules 2018 First-Half (H1) Financial Results and Conference Call

26 September, 2018
LONDON STOCK EXCHANGE (LSE): GAN | IRISH STOCK EXCHANGE (ISE): GAME
 
GAN Schedules 2018 First-Half (H1) Financial Results and Conference Call
 
Company to Hold Conference Call on Friday, September 28, 2018 at 11 a.m. ET (4 p.m. UK)
 
London & Dublin | September 26, 2018: GAN plc (“GAN” or the “Company”) a leading B2B supplier of Internet gambling enterprise software-as-a-service solutions to the US land-based casino Industry, today announced that it will release its interim financial results for the first-half of the 2018 year ending June 30, 2018 on Friday September 28, 2018 at 07:00 a.m. UK time.
 
GAN will discuss these results in a conference call on Friday, September 28, 2018, at 11:00 a.m. ET / 8 a.m. PT (4 p.m. UK time).
 
Conference Call Details
Date/Time:                                         Friday, September 28, 2018, at 11:00 a.m. ET/4 p.m. UK time
Participant Dial-In Numbers:
United States & Canada:                 877-407-8629
United Kingdom:                              0-800-756-3429
International:                                    201-493-6715
 
To access the call, please dial-in approximately five minutes before the start time. An accompanying slide presentation will be available in PDF format on the “Results and Presentation” page of the Company’s website after issuance of the earnings release.
 
Webcast
The call will also be simultaneously webcast over the Internet via the following link https://78449.themediaframe.com/dataconf/productusers/gan/mediaframe/26571/indexl.html and such link will also be made available in the “Results and Presentation” section of GAN’s website (http://gan.com/investors/results-and-presentations).
 
GAN | Overview
 
GAN is a leading B2B supplier of Internet gambling enterprise software-as-a-service solutions to the US land-based casino Industry. GAN is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAN
 
The Company has developed an 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 betting and/or virtual Simulated Gaming.
 
GAN has fourteen (14) casino operators as clients of Simulated Gaming coast-to-coast across the US and Internationally; two (2) clients of real money Regulated Gambling in New Jersey; one (1) client of real money Regulated Gambling in Pennsylvania and ten (10) clients of real money Regulated Gambling in Europe.
 
The Internet Gambling System, developed in London under a UK Gambling Commission license, is certified to the highest technical standards currently required by gambling regulators. In April 2017 GAN was granted a Casino Service Industry Enterprise license by the New Jersey Division of Gaming Enforcement being GAN’s first privileged gaming license in the United States. In May 2018, the US Supreme Court repealed PASPA and GAN confirmed the H2 launch of sports betting for US clients integrated into GAN’s enterprise software platform. In September 2018 GAN launched Internet sports betting in New Jersey, available as an integrated option alongside Internet gaming.
 
For more information please visit www.GAN.com

 
For further information please contact:
 
GAN US Investors: The Equity Group
Dermot Smurfit Adam Prior
Chief Executive Officer aprior@equityny.com
+44 (0) 20 7292 6262 212.371.8660
dsmurfit@GAN.com  
  UK & Ireland Investors: Walbrook PR
  Paul Cornelius
  GAN@WalbrookPR.com
  +44 20 7933 8780
 
  Davy (Nominated Adviser, ESM 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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·        Group Net Revenue of £11.3m (H1 2018: £4.6m), an increase of +145%
 
·        Clean EBITDA1 profit of £3.0m (H1 2018: clean EBITDA loss of £0.3m)
 
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