FanDuel Group and Gan have extended an ongoing US-based partnership to the state of Indiana through the launch of internet sports wagering, following the activities legislation within the state.
The former had already launched on a retail basis via its state access agreement with Boyd Gaming, doing so at the Las Vegas headquartered firm’s Blue Chip Casino Hotel Spa and Belterra Casino Resort.
Announcing the extension that sees Gan be the group’s platform for deployment of account services for internet sports betting in the region, which boasts a 6.7m population, it follows permittance being issued in May and intra-state online wagering proceeding earlier this month.
FanDuel becomes the third online sportsbook to launch in The Hoosier State, following BetRivers and DraftKings, with the latest move following an account services agreement with Gan undertaken in Pennsylvania where the firm links up with Boyd’s Valley Forge Casino Resort.
The latest manoeuvre follows both parties obtaining all applicable regulatory consents, with Gan also confirming the receipt of a temporary supplier licences from the Indiana Gaming Commission.
Indiana becomes the second gaming licence secured by Gan in 2019 and third overall, following licensure in the states of New Jersey and Pennsylvania.
Dermot Smurfit, chief executive officer of Gan, said of the footprint extension: “Our effective and compliant platform represents a premium component of the supply chain and our team has a track record of on-time delivery for our long-standing client FanDuel, which has proven to be an exceptionally successful partnership to date in both New Jersey and Pennsylvania.
“Rapid deployment into the state of Indiana is a logical extension of our relationship to best support FanDuel in capturing early market share of internet sports betting in Indiana.”
Earlier this month it was revealed that, fueled by retail offerings most closely situated to the Illinois city of Chicago, Indiana retail sportsbooks accepted $35.2m in bets in September, producing $8.6m in adjusted gross revenue according to official figures.
It has been predicted that the ability to make online and mobile bets should send the state’s handle into a “new stratosphere”.
