A statement from the supplier said the expanded contract represents a material increase in the value of the partnership to GAN across revenue share, professional services and patent licensing fees.
The five-year extension runs alongside the existing services provided to FanDuel in New Jersey and marks GAN’s second client in Pennsylvania, in addition to Parx Casino.
Another component of the contract will see FanDuel license GAN’s US Patent.
Dermot Smurfit, GAN CEO 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 market, effective and compliant ‘platforms’ are a premium component of the supply chain rather than a commodity.”
