GAN appoints Seamus McGill as permanent CEO

Platform provider and iGaming operator GAN has confirmed the permanent appointment of Seamus McGill as chief executive officer.

McGill has served as CEO in an interim capacity after replacing Dermot Smurfit in the role last September.

McGill will remain on GAN’s board of directors and will be focused on guiding the company towards a timely closing of the sale to Sega Sammy Creation.

“Seamus has the full backing of the board of directors and we are confident that his experience and leadership make him the most qualified candidate to be GAN’s next CEO,” said GAN chairman David Goldberg. “Seamus has been with the company since 2014 and has a deep understanding of GAN’s products, customers, and strategy.

“On behalf of the entire board of directors, I’d like to congratulate Seamus on his appointment and we look forward to his success.”

Commenting on his appointment, McGill said: “It’s an honor to be named GAN’s CEO and I’d like to thank David and the board for their vote of confidence. Going forward, our focus remains unchanged. We remain committed to a timely closing of our transaction with Sega Sammy to maximize value for all of our stakeholders.”

Earlier this week GAN’s shareholders overwhelmingly voted in favour of the proposed acquisition of the company by Sega Sammy Creation.

Closing of the transaction is expected to occur in the third quarter or fourth quarter of the fiscal year ending March 2025, subject to the satisfaction or waiver of certain closing conditions.

Shares in GAN Ltd (NASDAQ:GAN) closed unchanged at $1.56 per share in New York Thursday.