GAN drops UK licence after 18 years amid restructuring
Sega Sammy’s wider cuts include 66 job losses & a planned Silverback Gaming closure.
The hit
GAN has surrendered its UK Gambling Commission remote gambling software licence, ending an authorisation first granted in 2009, according to the regulator’s register. The surrender came on November 4, as parent company Sega Sammy restructures its iGaming business. GAN first entered the UK market in 2002.
Why it matters
The pullout signals the UK is no longer core to GAN’s business as the supplier redirects investment towards US tribal casino partnerships & simulated gaming.
The record
| Licence surrendered | November 4, originally granted 2009 (UK Gambling Commission) |
|---|---|
| UK revenue fall | down 61% to £6.13m between 2024 & 2025 |
| UK pre-tax loss | nearly £10m |
| Sega Sammy GAN operating loss | JPY 2.2bn (€12.4m) |
| Global job cuts | 66 roles cut in June, 27 more planned by March 2027 |
| Coolbet jobs at risk | 131 positions in Tallinn, Estonia (NEXT.io) |
What happens next
Watch Sega Sammy’s financial year ending March 2027 for the planned 27 further job cuts.
Sources: After 18 Years: GAN Drops UK Gambling License Amid Restructuring
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