GAN raises £1.3 million as Dermot Desmond lifts stake

IIU Nominees has acquired a further 4.6% stake in the online gaming company

24th August, 2016
4
Dermot Desmond

The company plans to use the proceeds of the placing to accelerate existing client product development and new client delivery following a surge in US corporate demand for its services. It plans to open satellite offices on the west coast of the US and in Eastern Europe in addition to its London technical development and operations centre.

"Additional capital allows us to accelerate the development of our technical capability to deliver the product requirements of...

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