- Gan said it financial performance continued to build on the momentum achieved during the first quarter, driven by ongoing growth in the US Internet sports betting market.

'Since the beginning of 2019, we have witnessed the rapid and accelerating regulation of Internet gambling in other U.S. States including Montana, Indiana, Iowa, Tennessee and Illinois,' the company said.

'This regulatory driver obviously creates a unique opportunity for GAN to leverage years of investment developing and optimizing its best-in-class technology and provides an environment to maximize the equity value of its unique U.S. industry position as a truly unique enterprise software technology Platform enabling regulated intra-State online gambling across America,' it added.

With the launch of Parx Casino in Pennsylvania expected imminently, the company said 2019 would be another year of 'tremendous operational and financial progress.'

At 8:59am: [LON:GAN] GAN Plc share price was -1.5p at 66.5p

Story provided by