GAN Increases Their US Sports Betting Market Value With Pennsylvania Gaming License

• GAN is an award-winning supplier of online gaming content and software.
• Along with Greenwood Gaming & Entertainment, they operate Parx Casino in Philadelphia.
• The Pennsylvania licensing fee is $10,000 to have the right to offer interactive gaming for PA residents

PHILADELPHIA – GAN has announced on Monday that they will extend their relationship with Greenwood Gaming & Entertainment, the operator of Parx Casino.

The extension comes just in time for the supplier of online gaming content, as the state is “getting close” to launching their mobile betting industry.

The casino is also interested exploring options to offer betting services to New Jersey residents, pending approval from the state’s Division of Gaming Enforcement.

Timing is lining up for GAN to increase their US sports betting presence, as the Pennsylvania Gaming Control Board approved a conditional Internet Gaming Manufacturer license to GAN only last week.

This gave GAN the ability to provide services for Greenwood Gaming in Pennsylvania for both land-based and online sports betting.

GAN believes this will help the company reach revenue projections, after paying the licensing fee of $10,000. Without any capital requirement to be funded, GAN is expected to reach double-digit percentage revenue growth each year moving forward.