GAN has appointed former Scientific Games director Robert Shore to the newly created role of vice president of investor relations and capital markets.
Shore will lead GAN’s investor relations and capital markets efforts, including strategic engagement with the investor community and analysts around the gaming technology provider’s positioning in the digital gaming space.
Shore joins GAN from Scientific Games, where he had served as senior director of investor relations and corporate finance, a role in which he was involved with the initial public offering of the SciPlay subsidiary.
Prior to this, Shore spent more than a decade in equity research at Wells Fargo, Union Gaming and Susquehanna International Group, where he covered gaming technology companies and operators
“There is clear excitement and momentum in digital gaming, and I am eager to further contribute to GAN’s leadership position and operational excellence in this segment,” Shore said.
GAN chief executive Dermot Smurfit added: “Bobby is a seasoned professional with extensive experience in corporate finance and investor relations, along with a proven track record on Wall Street.
“We believe his strong gaming experience and deep-rooted relationships within the industry will be extremely valuable as we continue to increase our visibility with institutional investors and propel GAN to the next level.”
The appointment comes after GAN last month reported an increase in revenue in 2020, but also revealed that higher expenses led to a loss of $20.2m for the year.