FanDuel Group to leverage GAN's enterprise software for Regulated Gambling in New Jersey

IGT Sports betting platform now integrated by GAN: Single-wallet solution for FanDuel-branded Internet sports betting & casino gaming

 

London & Dublin | July 18, 2018: GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today announces the Company is preparing to launch Internet sports betting in New Jersey for FanDuel.

 

Highlights

 

·     FanDuel Group is a subsidiary of Paddy Power Betfair PLC, a leading international sports betting and gaming operator. The agreement with GAN allows FanDuel Group to integrate its sports betting solution to the GAN Platform which is already certified for iGaming in the state of New Jersey.

 

·    GAN is working to complete the integration into the GAN Platform of FanDuel's nominated Internet sports betting software which is a combination of IGT's sports platform and Paddy Power Betfair's leading pricing, trading and risk management technology, along with a user interface designed for the US customer by the FanDuel team.

 

·     FanDuel expects to launch a FanDuel-branded website and accompanying mobile app offering Internet sports betting that leverages GAN's enterprise software later this year. Sports betting will be delivered as an integrated extension into GAN's enterprise software platform and GAN will participate in the incremental sports betting revenues.

 

Management Commentary

 

Dermot Smurfit, CEO of GAN commented:

 

"Online sports betting 'go-live' preparations for FanDuel are well advanced and we remain confident in launching integrated sports betting alongside our existing Internet casino later this year."

 

Matt King, CEO of FanDuel commented:

 

"The integration by GAN of our sports betting system is a reflection of GAN's flexible technology platform, 'can-do' attitude and their overall commitment."