GAN secures sportsbook approval in Nevada

Gaming technology provider GAN has secured regulatory approval from the Nevada Gaming Commission to roll out its sportsbook platform in the state.

The approval comes two years after GAN first announced its partnership with Station Casinos in Nevada and will allow the company to commence field trial operations of its sports betting platform once certified.

“We are very pleased and humbled to have received regulatory approval from the state of Nevada to hold a gaming license,” said GAN interim CEO and chairman Seamus McGill. “We are excited that we will be launching our leading-edge GAN Sports product in Nevada in the next few months.

“The Las Vegas Locals market is one of the largest and most recognizable gaming markets in the world, and we are incredibly excited to be entering it. This is the 3rd state where our B2B sports betting technology and trading solution, GAN Sports, will be operational, and we look forward to bringing a unique and fun wagering experience to a large and growing market.”

McGill took over as GAN interim CEO following the resignation of Dermot Smurfit at the end of September.

The Nevada approval is subject to GAN separating the roles of chairman and CEO which McGill now holds.

Shares in GAN Ltd (NASDAQ:GAN) closed 0.92 per cent higher at $1.10 per share in New York Friday.