London & Dublin - May 28, 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, welcomes the signing and legalization of internet sports betting in Tennessee, allowing state-wide sports wagering exclusively via mobile and internet. Tennessee is the 12th State to legalize sports wagering in the US and the fourth to do so this year. Following the launch, 16% of the total US population will be able to place sports wagers online.

The Tennessee legislature passed a bill in the first week of May permitting online sports betting only on a State-wide basis, expected to commence on July 1st. The bill has now moved to the Governor, who has allowed the bill to become law without his signature. The law came into effect on May 25th.

There are no physical casino locations in the State of Tennessee. However, with an estimated population of 6.8 million the legalization of online sports wagering is expected to be material to GAN’s business, as the Company anticipates existing clients to extend their online GAN-supported operations into the State of Tennessee in 2019.