GAN Plc, specialist supplier of online gambling software solutions for the US market, has confirmed the departure of Richard Santiago as Chief Financial Officer and Executive Director.
The new appointment comes as the London-listed company prepares for a launch in Indiana, the third US state to be added to the supplier’s portfolio. Santiago is stepping down from the GAN executive team to pursue opportunities “unrelated to the global gambling sector.”
The GAN executive board have confirmed that Rey del Valle will be taking over the role of CFO. Del Valle has previously served as Head of Finance for tech and entertainment firms OpenX and TicketMaster.
Confirming the appointment, Dermot Smurfit, CEO of GAN commented: “I would like to congratulate Richard on the opportunity he has secured in an unrelated Industry. I look forward to continuing to work closely with Richard and the finance team in the months ahead as we onboard his successor Rey del Valle and maintain full momentum on executing GAN’s growth strategy.”
Rey del Valle, CFO-designate of GAN added: “This is an extraordinary opportunity to join Dermot and his leadership team to help develop their unique software-as-a-service tech company with a hard-earned market-leading position in the fast-regulating U.S. Internet gambling market. I look forward to transitioning into the role in the coming weeks.