GAN Extends sportsbook partnership with FanDuel
GAN has announced expansion of its existing agreement with FanDuel Group to be FDG’s platform for rapid deployment of account services for online sports betting in the State of Indiana.
FDG launched Internet sports betting for residents of Indiana yesterday, following the parties obtaining all applicable regulatory consents, and represents a material increase in the value of the partnership to GAN. This expansion follows GAN’s launch of account services for FDG in Pennsylvania (pop. 13M) on July 22, 2019 in addition to the long-standing existing services provided since 2013 by GAN to FDG in the State of New Jersey (pop. 9M).
Furthermore, GAN confirms the receipt of a Temporary Supplier License from the Indiana Gaming Commission, demonstrating GAN’s continuing ability to rapidly submit to licensure in highly regulated U.S. Internet gambling markets. This is GAN’s second gaming license awarded in 2019 and third U.S. gaming license, following licensure in the State of New Jersey and the State of Pennsylvania.
Dermot Smurfit, Chief Executive Officer of GAN commented: “Our effective and compliant Platform represents a premium component of the supply chain and our team has a track record of on-time delivery for our long-standing client FanDuel, which has proven to be an exceptionally successful partnership to date in both New Jersey and Pennsylvania. Rapid deployment into the State of Indiana is a logical extension of our relationship to best support FanDuel in capturing early market share of Internet sports betting in Indiana.”