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GAN PLC

GAN launches internet gaming content for leading Italian sports betting & casino gaming operator GOLDBET

Goldbet operates a substantial network of more than 900 retail gambling shops accounting for approximately 3% market share of Internet casino gaming in Italy

Internet gaming
GAN now delivers games to nine Italian operators who together represent more than 45% of Italy's total Internet casino gaming

GAN PLC (LON:GAN) has announced the launch of internet gaming content for GOLDBET Srl, a leading Italian sports betting & casino gaming operator in Italy's regulated market, further strengthening its position as the country's leading independent Internet gambling software and services provider.

The developer and supplier of enterprise-level B2B Internet gambling software and services said that, further to its announcement on April 17 revealing Goldbet as the company's ninth client in Italy, the firm has now integrated its platform in Italy and launched internet gaming content for Goldbet.

READ: GAN shares jump after US sports betting software deal

Goldbet operates a substantial network of more than 900 retail gambling shops accounting for approximately 3% market share of Internet casino gaming in Italy.

GAN now delivers more than 500 high-quality casino slots, table games and non-traditional games in Italy to nine Italian operators who together represent more than 45% of Italy's total Internet casino gaming market by gross gaming revenue.

The firm’s revenues from Italy grew to £1.7mln in the first half of 2018, accounting for just under 40% of GAN's net revenues

Dermot Smurfit, the group’s CEO commented: "GAN continues to win major clients in Italy by delivering an increasing number of high-quality Internet casino games to our Italian clients, carefully procured from independent casino game design studios worldwide as well as major land-based casino equipment manufacturers.”

In early morning trading, GAN shares were 0.9% higher at 53.50p.

Quick facts: GAN PLC

Price: £0.64

Market: AIM
Market Cap: £54.53 m
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