GAN reports strong February 2019 internet gambling growth for New Jersey

London & Dublin - March 15, 2019: 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 updated the market following the publication on March 13, 2019 by the New Jersey's Division of Gaming Enforcement ("DGE") of Internet gaming and Internet sports betting financial information for the calendar month of February 2019 in New Jersey.

Highlights from the DGE include:

· Internet Gaming Win was $31.7 million in February compared to $22.0 million in the prior year period, reflecting a year-over-year increase of 44.4%.

· Total Internet Sports Wagering Handle (1) was approximately $259.0 million for the month of February 2019, slightly down from $305.0 in January 2019, but up from $241.0 million in December of 2018.

· Internet Sports Wagering Gross Revenues (2) (after payouts) were $12.9 million, compared to January's $15.5 million and December's $14.7 million.

(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 such as the Super Bowl 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 DGE, in order to enable the investor community to readily monitor growth of Internet gambling in New Jersey, which remains a key market for GAN.