GAN Reports February 2020 Internet Gambling Growth For Pennsylvania

London | March 30, 2020: 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 March 18, 2020, by the Pennsylvania Gaming Control Board ("PGCB") of Internet gaming and Internet sports betting financial information for the calendar month of February 2020 in Pennsylvania.



Highlights from the PGCB include:

· Internet Gaming Win was $19.5 million in February, reflecting an increase of 39.6% from the prior sequential month. This compares to:

- $14.0 million for the month of January;

- $10.6 million for the month of December; and

- $9.7 million for the month of November.

· Total Internet Sports Wagering Handle(1) was approximately $294.1 million for the month of February, compared to:

- $308.6 million for the month of January;

- $297.4 million for the month of December; and

- $266.7 million for the month of November.

· Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of February were $10.8 million. This compares to:

- $26.7 million for the month of January;

- $14.5 million for the month of December; and

- $17.3 million for the month of November.