GAN announces expansion of partnership with FanDuel into Indiana
29 Oct 2019
FDG launched internet sports betting for residents of Indiana on 22 October, 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. 13 million) on 22 July 2019 in addition to the long-standing existing services provided since 2013 by GAN to FDG in the State of New Jersey (pop. 9 million).
Furthermore, GAN confirms the receipt of a Temporary Supplier License from the Indiana Gaming Commission, demonstrating its 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."