Dermot Smurfit resigns from CEO role at GAN

September 27, 2023
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The company's Chairman of the Board, Seamus McGill, has been appointed Interim CEO.

GAN (Game Account Network) has accepted the resignation of CEO Dermot Smurfit, who began his career with the company as a director in 2003. Smurfit has acted as CEO of GAN and its subsidiaries since 2010 and is currently considering an agreement to remain a consultant with the company.

Smurfit is also a non-practicing UK lawyer who specialized in corporate finance. During his time with GAN, the supplier has worked with companies like FanDuel, Wynn Resorts, Ainsworth, Churchill Downs, Coolbet, the Cordish Companies, Parx Casino, Station Casinos, San Manuel Casino and IGT.

In February this year, the company launched GAN Sports at the WynnBet Sportsbook in Encore Boston Harbor, Massachusetts. The casino resort generated 62% of the state’s total August casino revenue, however, its retail sportsbook had a taxable gaming revenue of -$57,925.

Seamus McGill has been appointed as GAN’s Interim CEO from his position as Chairman of the Board. McGill has been a member of the Board since 2014 and has 25 years of experience in the gaming and technology sectors, including a role as the President of Joingo from 2013-2015.

McGill also worked with Aristocrat Technologies for five years as COO, when the company saw 20% year-on-year growth. Before selling Cyberview Technology to IGT, McGill was also President of the company from 2006-2008.

GAN has disclosed that terms of McGill’s appointment include the Interim CEO’s annual base salary of $500,000, eligibility for bonus payments and participation in GAN’s employee stock options program and other benefit plans. He will now head the company’s executive team and strategic process.

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