GAN surrenders UKGC gambling software licence amid restructuring
Licences & markets1 min read
GAN’s UK subsidiary surrendered its Gambling Software – Remote licence on 4 November, according to the UK Gambling Commission’s website. The surrender comes as Sega Sammy restructures GAN, with plans to reduce and simplify operations and focus its B2B business on the US. The company’s quarterly report recorded ¥10.8 billion in GAN sales and a ¥2.2 billion loss.
GAN's British subsidiary surrendered its remote gambling software licence on 4 November, according to the UKGC's website, amid a restructuring of the Sega Sammy-owned business. The licence had been granted more than 15 years earlier.
Sega Sammy's quarterly report recorded ¥10.8bn (€52m) in GAN sales and a ¥2.2bn loss. Companies House records show GAN UK's revenue fell 61% to £6.13m from 2024 to 2025, while pre-tax losses rose to nearly £10m.
GAN plans to make the US its primary B2B market, expanding beyond Nevada into other states and growing its tribal casino operations. It plans to focus on simulated and social gaming using land-based casinos' existing customers and Sega Sammy's video game content. The plan would combine GAN technology, Stakelogic games and Sega Sammy Creation's physical casino products in an omnichannel supplier.
GAN began UK operations in 2002 with real-money online skill competitions before moving into B2B software and content in 2009. Its UK entity transferred responsibility for US B2B operations to its Nevada subsidiary in 2021 but retained ownership of its European operations, GAN's accounts show.