GAN bringing ‘real money’ iGaming to Europe

[The Buzz]

Dermot Smurfit’s Game Account Network has signed a $1.4 million deal with a billion-dollar US casino giant to launch a real money, regulated online casino in Europe.

GAN will receive an upfront $1.4m cash payment to launch the Overseas Internet Casino on behalf of an unnamed casino business the company calls “the client”, but which it describes as a major multi-property casino operator in the regional US gaming market with revenues of over $1bn. After a due diligence exercise, GAN has been selected to power the website and the mobile app behind the Overseas Internet Casino. There is serious money behind the new Overseas Internet Casino, with an annual marketing budget estimated at $10m per year for the first seven years.

Here's a link to the GAN press release: https://www.gpwa.org/article/gan-ext...-casino-218859

Here's a link to the article from tech magazine Silicon Republic: https://www.siliconrepublic.com/comp...-casino-europe