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GAN Reports Strong October 2019 Internet Gambling Growth For New Jersey

November 15, 2019

LONDON--(BUSINESS WIRE)--Nov 15, 2019--

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 November 14, 2019, by New Jersey’s Division of Gaming Enforcement (“DGE”) of Internet gaming and Internet sports betting financial information for the calendar month of October 2019 in New Jersey.

Highlights from the DGE include:

(1)

Gross amount of money accepted in wagers

(2)

Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months

This information will be updated and published each month, following publication by the DGE, in order to enable the investor community to readily monitor growth of Internet gambling in New Jersey, which remains a key market for GAN.

About GAN Plc

GAN is a leading business-to-business (“B2B”) supplier of internet gambling software-as-a-service solutions (“SaaS”) to the US land-based casino industry. The Company has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based US casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming. The Company has also launched digital user acquisition & retention marketing in support of the Internet Casino ( https://casino.winstar.com ) provided by GAN’s Digital Marketing Agency in Tel Aviv, Israel.

GAN is listed on the London Stock Exchange (LSE: GAN).

For more information please visit www.GAN.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191115005081/en/

CONTACT: GAN

Jack Wielebinski

Head of Investor Relations

+1 214 799 4660

jwielebinski@GAN.comUS Investors: The Equity Group

Adam Prior

aprior@equityny.com

+1 212 371 8660UK & Ireland Investors: Newgate Communications

Adam Lloyd

Giles Croot

GAN@Newgatecomms.com

+44 (0) 20 3757 6880Davy (Nominated Adviser and Joint Broker)

John Frain / Barry Murphy

+353 1 679 6363Liberum (Joint Broker)

Neil Patel / Cameron Duncan

+44 (0) 20 3100 2000

KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: INTERNET CASINO/GAMING GENERAL ENTERTAINMENT TECHNOLOGY ENTERTAINMENT

SOURCE: GAN plc

Copyright Business Wire 2019.

PUB: 11/15/2019 07:00 AM/DISC: 11/15/2019 07:00 AM

http://www.businesswire.com/news/home/20191115005081/en