GAN is a leading business-to-business supplier of internet gaming 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 gaming enterprise software system, GameSTACK™, which it licenses to land-based casino operators as a turnkey technology solution for regulated real money internet gaming, encompassing internet gaming, internet sports gaming, and virtual Simulated Gaming.
To support our company mission, GAN publicly listed its shares on the NASDAQ stock exchange in May 2020 (NASDAQ: GAN), raising over $60M in expansion capital to cement GAN’s market position as a leading player in the fast-growing U.S. Internet gambling market. More recently, GAN acquired Vincent Group p.l.c. (“Coolbet”) a European B2C gambling provider, on January 4, 2021. GAN also brings the Coolbet sports engine technology to the U.S. to complement GAN’s B2B platform suite of services.