GAN pens first Coolbet sportsbook deal in Virginia

| By Robert Fletcher
iGaming solutions provider GAN has secured the first deal for its new Coolbet sportsbook after signing Letter of Intent (LoI) with an existing client in Virginia.

GAN did not disclose the identity of the customer, but did confirm the LoI covers the provision of an online, mobile-first sports betting experience in the US state.

The LoI is non-binding and contingent on the unnamed client securing an online sports betting license in the Virginia, as well as other regulatory approvals.

Virginia legalised sports betting in April last year after lawmakers voted to adopt a number of legislative amendments from Governor Ralph Northam.

However, the state is yet to launch its regulated sports wagering market.

Read the full story on iGB North America.

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