The North American B2B gambling technology provider is preparing to launch its GAN Sports betting platform in Nevada after receiving regulatory approval. The platform will serve both mobile applications and retail sports betting, targeting the large and recognizable Las Vegas Locals market. This will be the third state where GAN Sports will be operational, offering a unique and fun wagering experience.
In recent months, GAN has faced challenges, including the departure of its CEO and the cessation of US sports betting operations by one of its prominent partners, WynnBET. As part of an ongoing strategic review, GAN has been exploring options to improve value for its shareholders, including potential sales of parts or the entire business. The review is being conducted by a special committee of non-executive directors, who have engaged with several interested parties but have not yet reached any agreements.
