GAN Reports September 2019 Internet Gambling Growth For Pennsylvania

London - October 18, 2019: GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gambling software, services and online gaming content in the United States, today updated the market following the publication on October 17, 2019, by the Pennsylvania Gaming Control Board ("PGCB") of Internet gaming and Internet sports betting financial information for the calendar month of September 2019 in Pennsylvania.

Highlights from the PGCB include:

· Internet Gaming Win was $6.0 million in September, compared to $4.0 million in the prior sequential month, reflecting an increase of 48.2%.

· Total Internet Sports Wagering Handle(1) was approximately $153.6 million for the month of September, compared to:

- $83.2 million for the month of August;

- $39.0 million for the month of July; and

- $19.3 million for the month of June.

· Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of September were $13.4 million, compared to:

- $6.3 million for the month of August;

- $2.9 million for the month of July; and

- $1.4 million for the month of June.

(1) Gross amount of money accepted in wagers

(2) Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

This information will be updated and published each month, following publication by the PGCB, in order to enable the investor community to readily monitor growth of Internet gambling in Pennsylvania, which remains a key market for GAN.