GAN shares boosted as client launches in US
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AIM-listed gambling software and services outfit GAN (LON:GAN) announced that its first US client, FanDuel, has begun offering sports betting using its software in New Jersey. The service was soft launched on 1st September and is now operating full time.
This is an expansion of GAN’s prior relationship with PaddyPower Betfair, where it offered online casino services, after the recent changes in US law and the building of a relationship between GAN’s client and a New Jersey-based race-track which permits it to offer sports betting services via the internet.
Shares in GAN rose by 9.87% to 67.02p (as of 14:30 BST).
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