(PRESS RELEASE) — GAN, a leading B2B supplier of internet gambling enterprise software-as-a-service solutions to the U.S. land-based casino industry, welcomes today’s final approval by both the Michigan Senate and the Michigan House of Representatives of HB 4926.
The bill includes provisions for the legalisation of full real-money internet casino gaming in the state, as well as internet sports betting. The bill will now be presented to the Governor of Michigan and may then be signed into law at the Governor’s discretion.
GAN anticipates serving one or more land-based casino operators in Michigan with real-money internet gambling technology and supporting services commencing in 2019.
With a population of 10.0 million, Michigan materially increases the number of Americans who will be permitted to play internet casino games and bet on sports online. The Michigan regulated internet gambling market is now expected to commence in 2020 and GAN is strongly positioned to serve Michigan casino operators in that state following successful launch of internet casino and sports betting in the State of New Jersey in September 2018 and the forthcoming launch in Pennsylvania in H1 2019.
Dermot Smurfit, CEO of GAN, commented, “Michigan is now America’s sixth state to regulate internet gambling, joining Nevada, Delaware, New Jersey, Pennsylvania and West Virginia. This reinforces our belief that the regulatory cycle for internet gambling in the U.S. will now be rapid. GAN is one of only two fully licensed B2B-only platform vendors in New Jersey, has the largest casino in Pennsylvania as a client and is one of the very few B2B-only technology vendors with the requisite technical expertise and Day 1 New Jersey experience to credibly serve Michigan’s land-based casinos.”