GAN is pleased to announce that it has entered into a 10-year agreement with Wynn Resorts in terms of which it will provide software for online casinos and sports wagering in Michigan.
The agreement will see GAN provide its cloud computing software platform to Wynn as the casino operator endeavors to launch iGaming and sports betting in the Wolverine State once the verticals are allowed in Michigan, which it anticipates to be in November 2020.
The deal signed by the parties will see Wynn gaining access to GAN’s platform software as well as its reward program integration system. GAN will also publish third-party sports betting content, which it said would be strengthened by Betbull, in which Wynn has owned a 22.5% stake since 2018.
On 23rd September 2020, the Michigan Gaming Control Board hosted a virtual public hearing on proposed online betting and gaming regulations for the state. The rules are now due to be submitted to the state’s Office of Administrative Hearings and Rules and Legislative Service Bureau for final review.
According to a statement, the Michigan launch between GAN and Wynn will be a part of the market access agreement between GAN and the Sault Ste. Marie Tribe of Chippewa Indians, who operate five casinos under the Kewadin Casinos brand in Michigan.
In late March 2020, the British company entered into an agreement with the Michigan tribe, at which time the involvement of Wynn was not revealed. In December 2019, policymakers in Michigan authorized legislation permitting sports betting and online gaming in the state, with the first sportbook there opening in March 2020.