Benzinga | May 17, 2021 04:04PM EDT

GAN Announces Multi-Year Agreement with Ainsworth Game Technology for Exclusive U.S. Online Rights to Leading Casino Portfolio

GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced it has reached an agreement with Ainsworth Game Technology Limited ("Ainsworth") (ASX: AGI) to obtain the exclusive online rights to all current and future Ainsworth online games, today comprising over seventy unique games, for an undisclosed amount.

We believe established and recognizable U.S. retail slot machines converted for online play will logically out-perform international online games also available in the United States, providing Business-to-Consumer ("B2C") Operators of iGaming with a competitive advantage in enhanced customer lifetime values, user acquisition and retention marketing.