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GAN to Bring Sports Betting Platform to Nevada

GAN Limited is coming to Nevada.
The B2B innovation provider and options business got regulatory approval last week from the Nevada Gaming Commission to present its legal sports wagering platform to Silver State customers.
"We are very delighted and humbled to have gotten regulative approval from the State of Nevada to hold a gaming license," stated GAN Interim CEO Seamaus McGill. "We are excited that we will be launching our leading-edge GAN Sports product in Nevada in the next few months."
GAN Sports can begin trial operations of its sports wagering platform following next month's state accreditation and approval. GAN already has the facilities for online wagering websites and retail betting constructed.
"The Las Vegas Locals market is among the largest and most identifiable gaming markets on the planet, and we are exceptionally excited to be entering it," McGill stated. "This is the 3rd state where our B2B sports wagering technology and trading solution, GAN Sports, will be operational, and we look forward to bringing a special and fun betting experience to a large and growing market."
Contributing to portfolio
GAN is widely understood in The United States and Canada as an online and land-based gambling establishment technology . The business is presently offering sports wagering technology to Wynn's Encore Boston Harbor and Island Gulf Casino in Gulfport, Mississippi.
GAN, headquartered in Irvine, California, has 25 operating licenses internationally and supplies B2C propriety sports betting in select European and Latin American markets too.
Trying year for GAN
GAN announced second-quarter revenue of $33.8 million, down $1.2 million from the previous year, with $9.9 million coming from the B2B section and $23.9 from B2C.
Entering a Nevada sports betting market that produced an August deal with of $431 million comes at a crucial time for GAN, which is restructuring as a business following the departure of previous CEO Dermot Smurfit.
GAN's partner, WynnBet, closed down operations in 6 states previously this year as well.