GAN Announces Appointment of Leading Intellectual Property Litigation Firm to Drive Licensing & Enforcement of US Patent
Summary
LONDON & DUBLIN--( BUSINESS WIRE )--GAN plc (“GAN” or the “Company”), an award-winning developer and supplier of enterprise-level B2B Internet gambling software and services in the United States, today announces the Company has awarded a mandate to specialist intellectual property litigation firm Irwin IP LLP (“Irwin IP”) in Chicago, IL to implement a US patent licensing and enforcement program principally targeting operators in the regulated intra-State Internet gambling markets of New Jersey, Nevada, Delaware and Pennsylvania which are currently infringing upon the Company’s US-patented intellectual property rights.Following the completion of the £7.5M Equity Placing in June 2018 and the appointment of Irwin IP LLP, the Company will now proceed to assert its rights over US-patented intellectual property and seek commercial settlements for prior and continuing infringements by regulated Internet gambling operators and/or relevant technology vendors, who have been substantially and progressively placed on notice of the Company’s US intellectual property rights.Therefore, without the Player Account Management System, a service provider might be offering very valuable B2B functionality but not in the strictest sense a Platform ( source: Regulus Partners, an international gambling advisory group ).In May 2018, the US Supreme Court repealed PASPA and GAN confirmed the H2 launch of sports betting for US clients integrated into GAN’s enterprise software platform.Barry and several of the other senior Irwin IP attorneys spent decades working at one of the most prestigious law firms in the country where they had a long history of achieving successful results in the gaming industry for companies like IGT, Action Gaming and Shuffle Master.