GAN’s Technology Solution Now Powering Real Money Gaming for Churchill Downs Incorporated Across Five States on Single App ...
April 26 2021 - 04:05PM
Business Wire
Successfully transitions Pennsylvania &
Indiana onto platform, while concurrently launching mobile sports
betting in Colorado
GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading
full-service internet gaming software-as-a-service provider to the
real money internet gaming, online sports betting, and simulated
gaming industries, today announced a successful multi-state
transition onto its platform for Churchill Downs Incorporated’s
TwinSpires branded sports betting and iGaming operations in
Pennsylvania and sports betting operations in Indiana.
Additionally, GAN launched inaugural mobile sports betting
operations for TwinSpires in Colorado, which, when coupled with the
previously launched solutions in Michigan and Tennessee, brings the
GAN-powered TwinSpires brand to five total states. This provides
for TwinSpires to leverage its strong brand across horse racing and
sports customers in advance of the upcoming 147th running of the
Kentucky Derby on May 1st.
Following the migration onto GAN’s technology platform the
company is pleased to support TwinSpires Sportsbook in Michigan,
Colorado, Tennessee, Pennsylvania and Indiana with its leading
player account management platform, in addition to powering
TwinSpires’ Casino offering in Pennsylvania and Michigan. Both
online casino and sports customers will be able to enjoy an
uninterrupted playing experience with any product, in any state, on
a single app leveraging GAN’s proprietary technology operating
framework.
Dermot Smurfit, Chief Executive Officer of GAN,
commented:
“The team did an amazing job of concurrently migrating and
launching TwinSpires’ Sportsbook & iGaming offering in three
states in the span of a week, which serves to highlight our speed
to market and unique capabilities to seamlessly handle highly
complex migrations. We remain humbled to work with an industry
leading entertainment company with some of the most historic and
diversified assets in the gaming industry. We look forward to our
continued partnership to assist Churchill Downs Incorporated in its
efforts to replicate their longstanding success in land-based
gaming in online sports betting and iGaming.”
Ian Williams, President of Online Gaming, Churchill Downs
Incorporated, commented:
“We set out an ambitious plan to migrate from our existing
supplier and launch our TwinSpires brand in three new states before
this year’s Kentucky Derby. Both teams have done a tremendous job
in achieving this goal and we believe we are well-positioned for
growth as we roll into Derby week, our busiest week of the year,
with TwinSpires now available for betting on sports, iGaming and
Kentucky Derby in five states.”
About GAN Limited
GAN is a leading business-to-business supplier of internet
gambling software-as-a-service solutions predominantly to the U.S.
land-based casino industry. Coolbet, a division of GAN, is a
market-leading operator of proprietary online sports betting
technology with market leadership positions in selected European
and Latin American markets. GAN has developed a proprietary
internet gambling enterprise software system, GameSTACK™, which it
licenses to land-based casino operators as a turnkey technology
solution for regulated real money internet gambling, encompassing
internet gaming, internet sports gaming and virtual Simulated
Gaming. Additional information about GAN can be found online at
www.GAN.com.
About Churchill Downs Incorporated (NASDAQ: CHDN)
Churchill Downs Incorporated is an industry-leading racing,
online wagering and gaming entertainment company anchored by our
iconic flagship event, the Kentucky Derby. We own and operate three
pari-mutuel gaming entertainment venues with approximately 3,050
historical racing machines in Kentucky. We also own and operate
TwinSpires, one of the largest and most profitable online wagering
platforms for horse racing, sports and iGaming in the U.S. and we
have seven retail sportsbooks. We are also a leader in
brick-and-mortar casino gaming in eight states with approximately
11,000 slot machines and video lottery terminals and 200 table
games. Additional information about Churchill Downs Incorporated
can be found online at www.churchilldownsincorporated.com.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
All statements contained in this release that do not relate to
matters of historical fact should be considered forward-looking
statements, including statements regarding future business
opportunities as well as statements that include the words
“expect,” “intend,” “plan,” “believe,” “project,” “forecast,”
“estimate,” “may,” “should,” “anticipate” and similar statements of
a future or forward-looking nature. These forward-looking
statements are based on management’s current expectations. These
statements are neither promises nor guarantees, but involve known
and unknown risks, uncertainties and other important factors that
may cause actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Readers are cautioned not to place undue reliance on
any forward-looking statements, which speak only as of the date on
which they are made. The Company undertakes no obligation to update
or revise any forward-looking statements for any reason, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210426005694/en/
Investor Contacts:
GAN Robert Shore VP, Capital Markets & Investor
Relations (610) 812-3519 rshore@GAN.com
Alpha IR Group Ashley Gruenberg or Ryan Coleman (312)
445-2870 GAN@alpha-ir.com
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