GAN partners GoldBet
News on 17 Apr 2018
News on 17 Apr 2018
iGaming firm GAN has expanded in the Italian market following a multi-year content supply agreement with operator GoldBet srl.
GoldBet becomes GAN’s ninth Italian market partner, of which GAN’s first eight clients already represent over forty percent of Italy’s internet casino market in terms of gross gaming revenue.
Goldbet, who holds approximately three percent of Italian internet casino market share, is anticipated to be accretive to GAN’s Net Revenues and EBITDA derived from Italy commencing in H2 2018, the company said.
Dermot Smurfit, CEO of GAN commented:
“Italy remains a strategic stronghold for GAN and represents a substantial long term investment in a market which first regulated Internet skill-based games in 2009, Casino Table games in 2011 and Casino Slot Games in 2013.
“The Italian regulated Internet gaming market appears locked in a structural growth cycle which GAN continues to benefit from by delivering an increasing number of high quality Internet casino games to its clients. We very much welcome the addition of Goldbet as our ninth client in Italy.”
