Developer and supplier GAN announced the signing of a long-term deal with the FanDuel Group for sports betting in West Virginia and Pennsylvania.
In exchange, FanDuel has agreed to license GAN’s US patent. GAN’s patented technology will allow US casino patrons to link their loyalty cards to online gambling accounts.
This agreement will run for a five-year period and will run alongside the existing agreement between GAN and FanDuel for operations in New Jersey.
This new agreement makes FanDuel GAN’s second client in Pennsylvania after Parx Casino.
Dermot Smurfit, CEO of GAN said: “The contract extension combined with US Patent licensing represents a significant milestone in GAN’s US evolution and reinforces our view that in the heavily regulated US online gambling market, effective and compliant ‘platforms’ are a premium component of the supply chain rather than a commodity.
“GAN is therefore very well placed to capitalize on the growth in US online gambling markets in terms of new operator clients, new States and underlying growth momentum.”
In other sports betting news, Parx Casino in Pennsylvania successfully completed the soft launch of its sportsbook and is now open for business.