GAN Announces Successful Launch of GAN Sports at Encore Boston Harbor in Massachusetts
Announcement Marks Second GAN Sports Launch in the US.
Irvine, California | February 2nd, 2023: GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of enterprise technology solutions for enabling real money internet gambling, today announced the launch GAN Sports at the WynnBet Sportsbook at Encore Boston Harbor.
Encore Boston Harbor’s launch of the highly anticipated WynnBET Sportsbook at Encore Boston Harbor in Massachusetts opened to the public at 10am on Tuesday, January 30, 2023, and featured celebrity guest appearances by several New England sports legends and media personalities. Guests of the WynnBet Sportsbook at Encore Boston Harbor have the ability to place wagers in the state-of-the art, 130+ seat sportsbook lounge, one of ten over-the-counter wagering windows, throughout the property at one of the one hundred twenty self-service betting terminals, or in the twenty-kiosk quick wagering room located on the 2nd floor of the (free) self-parking garage.
The Encore Boston Harbor WynnBET sportsbook supported by GAN Sports is the largest known retail sportsbook launch to date in the United States in terms of the number of self-service betting terminals.
This announcement continues to demonstrate the extensive capabilities of GAN Sports' in-house online and retail sports betting technology. GAN Sports is a modern sportsbook technology platform built upon the award-winning Coolbet technology (acquired by GAN in January 2021) that has been adapted for the U.S. B2B market.
Rob Lekites, VP of North American Sports for GAN commented:
"We are encouraged by a highly successful GAN Sports launch with a marquee partner like WynnBet, and are excited to continue to showcase perhaps the most innovative sports experience available anywhere in the U.S. today. Given the size of the overall project, and its importance to both of our organizations, the teams from GAN, WynnBet and Encore Boston Harbor have worked extremely hard over the past few months to deliver the premier sportsbook in Massachusetts. We’re extremely proud of the efforts from the GAN team, and thankful for the overwhelming support from the Encore team in Boston.
About GAN Limited
GAN is a leading business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the U.S. land-based casino industry and is a market-leading business-to-consumer operator of proprietary online sports betting technology internationally with market leadership positions in selected European and Latin American markets. In its B2B segment, GAN has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses to land-based U.S. casino operators as a turnkey technology solution for regulated real money internet gambling, encompassing internet gaming, internet sports betting, and social casino gaming branded as 'Simulated Gaming.'
About Wynn Interactive
Wynn Interactive is the online gaming division of Wynn Resorts, Ltd. (Nasdaq: WYNN) offering a world-class collection of casino and sports betting mobile options for discerning players who understand the difference between placing a bet and experiencing a bet. Wynn Interactive products, which operate under the WynnBET and WynnSLOTS brands, are designed to digitally deliver the legendary service and guest experience Wynn Resorts is known for, backed by the Company's trusted legacy as the world's premier international casino operator.
WynnBET is anchored by its eponymous mobile sports and casino betting app providing one-of-a-kind experiences and a high-quality user interface. Currently available in Arizona, Colorado, Indiana, Louisiana, Michigan, New Jersey, New York, Tennessee and Virginia, WynnBET is poised for rapid expansion with several pending license applications in process. WynnBET is an Authorized Gaming Operator of NASCAR, MLB, and NBA, and proud marketing partner of several NFL teams. The Las Vegas-based firm was recognized as a finalist for the category of Online Casino of the Year for the 2022 American Gambling Awards.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding future business opportunities as well as statements that include the words "expect," "intend," "plan," "believe," "project," "forecast," "estimate," "may," "should," "anticipate" and similar statements of a future or forward-looking nature. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Please refer to the Company's annual, quarterly and current reports filed on Forms 10-K, 10-Q and 8-K from time to time with the Securities and Exchange Commission for a further discussion of the factors and risks associated with the business. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason except as required by law.
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