London-listed iGaming provider GAN has raised £7.5m from investors in the United States to consolidate its position in the market following last week’s decision by the Supreme Court to lift the federal ban on sports betting.

GAN has conditionally raised £7.5m through an over-subscribed subscription of 15m new ordinary shares of £0.01 each by US institutional investors, at an issue price of 50 pence per share.

Premium subscribers continue here to the full article.

Related