StockMarketWire.com - Gambling group GAN launched Monday Internet gaming content for Italian sports betting & casino gaming operator Goldbet in Italy.

GAN had now integrated its platform in Italy and launched internet gaming content for Goldbet, the company said.

Goldbet operated a substantial network of more than 900 retail gambling shops accounting for approximately 3% market share of Internet casino gaming in Italy, it added.

GAN delivered more than 500 high-quality casino slots, table games and non-traditional games in Italy to nine Italian operators, who together represented more than 45% of Italy's total Internet casino gaming market by gross gaming revenue, the company said.

Strong growth in the region resulted in revenues from Italy growing to £1.7m during the first half of 2018, accounting for just under 40% of GAN's net revenues.

This latest launch further strengthened GAN's position as the country's independent Internet gambling software and services provider, GAN said.

'GAN continues to win major clients in Italy by delivering an increasing number of high quality Internet casino games to our Italian clients, carefully procured from independent casino game design studios worldwide as well as major land-based casino equipment manufacturers, said Dermot Smurfit, CEO of GAN.

'GAN's distribution reach now extends to nearly half of the regulated Italian Internet casino gaming market: We very much welcome the launch of Goldbet as our ninth operator client in Italy.'


At 8:03am: [LON:GAN] GAN Plc share price was +0.5p at 53.5p



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