GAN receives regulatory approval from Nevada Gaming Commission

The approval allows GAN to start operating its sports betting platform in Nevada after it is certified.

US.- The igaming operator and supplier GAN Limited has announced that it has received regulatory approval from the Nevada Gaming Commission. The approval allows GAN to start operating its sports betting platform with its Nevada customers after the platform is certified and approved.

Seamus McGill, chairman and interim CEO of GAN, said: “We are very pleased and humbled to have received regulatory approval from the State of Nevada to hold a gaming license. We are excited that we will be launching our leading-edge GAN Sports product in Nevada in the next few months. The Las Vegas Locals market is one of the largest and most recognizable gaming markets in the world, and we are incredibly excited to be entering it.

“This is the third state where our B2B sports betting technology and trading solution, GAN Sports, will be operational, and we look forward to bringing a unique and fun wagering experience to a large and growing market.”

In September, GAN’s board of directors accepted the resignation of Dermot Smurfit from his position as chief executive officer and as a director of the company and its subsidiaries. GAN named Seamus McGill, the current chairman of the board, as interim chief executive officer.

Nevada gaming revenue reaches $1.21bn in August

The Nevada Gaming Control Board (NGCB) has reported that the state’s casinos generated $1.21bn in gaming revenue in August. That’s an increase of 0.07 per cent year-on-year, but 14.3 per cent lower than in July ($1.4bn).

The Las Vegas Strip generated $666.7m, up 1 per cent year-on-year. Clark County as a whole, which includes the Strip, downtown Las Vegas, North Las Vegas, the Boulder Strip and surrounding areas, generated $1.02bn, a 0.18 per cent increase. Washoe County, which includes casinos in Reno, Sparks, and North Lake Tahoe, saw revenue increase 2 per cent year-on-year.