GAN Limited is pertaining to Nevada.

The B2B technology company and services business received regulative approval last week from the Nevada Gaming Commission to introduce its legal sports wagering platform to Silver State .

"We are very delighted and humbled to have actually received regulatory approval from the State of Nevada to hold a gaming license," stated GAN Interim CEO Seamaus McGill. "We are thrilled that we will be launching our leading-edge GAN Sports product in Nevada in the next couple of months."

GAN Sports can begin trial operations of its sports wagering platform following next month's state certification and approval. GAN already has the facilities for online wagering websites and retail wagering constructed.

"The Las Vegas Locals market is one of the largest and most recognizable video gaming markets on the planet, and we are incredibly thrilled to be entering it," McGill stated. "This is the 3rd state where our B2B sports betting innovation and trading solution, GAN Sports, will be functional, and we look forward to bringing a special and fun betting experience to a big and growing market."

Contributing to portfolio

GAN is extensively understood in North America as an online and land-based gambling establishment technology software application provider. The company is currently offering sports betting technology to Wynn's Encore Boston Harbor and Island Gulf Casino in Gulfport, Mississippi.

GAN, headquartered in Irvine, California, has 25 operating licenses globally and provides B2C propriety sports betting in select European and Latin American markets also.

Trying year for GAN

GAN revealed second-quarter income of $33.8 million, down $1.2 million from the previous year, with $9.9 million originating from the B2B sector and $23.9 from B2C.

Entering a Nevada sports betting market that produced an August deal with of $431 million comes at a critical time for GAN, which is reorganizing as a business following the departure of previous CEO Dermot Smurfit.

GAN's partner, WynnBet, closed down operations in six states earlier this year as well.