GAN prepares for Michigan market entry
Gambling software provider GAN has stepped up preparations for entry to Michigan’s igaming market from 2021, in partnership with the Sault Tribe of Chippewa Indians and an anonymous casino client.
The market access deal with the tribe, which operates five venues under the Kewadin Casinos brand, was first announced earlier this week. It will see GAN provide its technology platform and operational services to the Kewadin properties, and to an existing US casino operator client.
The company in question has requested that it remain anonymous, pending certain regulatory approvals.
With a population of 10 million people, comprising 3.1% of the total US population, Michigan’s igaming market is expected to generate $377m in gross operator revenue over the first 12 months post-launch, GAN noted, citing figures from Regulus Partners. This is expected to grow to $836m in by the fourth year of operation.