GAN Expands Partnership with FanDuel Group into Indiana

GAN plc, a developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content, announced the expansion of its existing agreement with FanDuel Group's platform for rapid deployment of account services for Internet sports betting in the State of Indiana, following that state’s legalization of sports betting on May 8, 2019 and the intra-state Indiana market commencement of Internet gambling on October 3, 2019.

FDG launched Internet sports betting for residents of Indiana, following the parties obtaining all applicable regulatory consents, and represents a material increase in the value of the partnership to GAN. This expansion follows GAN’s launch of account services for FDG in Pennsylvania on July 22, 2019, in addition to the long-standing existing services provided since 2013 by GAN to FDG in the State of New Jersey.

Furthermore, GAN confirms the receipt of a Temporary Supplier License from the Indiana Gaming Commission, demonstrating GAN’s continuing ability to rapidly submit to licensure in highly regulated U.S. Internet gambling markets. This is GAN’s second gaming license awarded in 2019 and third U.S. gaming license, following licensure in the State of New Jersey and the State of Pennsylvania.