Smurfit gambling firm issues €1.5m incentive as stock hits all-time low | Business Post

Dermot Smurfit sold $2.5 million worth of his stake in GAN in November, leaving him with 1.7 million shares in the company

GAN, Dermot Smurfit’s Las Vegas-based gambling software company, has issued more than $1.5 million-worth of share incentives as its stock price slumped to an all-time low. Stock exchange filings showed that last week GAN issued thousands of restricted stock units to several key executives of the company, including Smurfit himself.

The shares are set to vest at various points in August, October and December this year, and will be worth more if the company’s...

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