Exhibit 21.1
| Subsidiary | Place of Incorporation | |
| GAN (UK) Limited | England and Wales | |
| GAN Nevada, Inc. | United States | |
| GAN Software Services BG Ltd | Bulgaria | |
| Lockbox Games Limited | England and Wales | |
| GAN Digital Ltd | Israel | |
| GAN Services Limited | England and Wales | |
| Vincent Group Ltd | Malta | |
| StayCool OÜ | Estonia | |
| Polar Ltd | Malta | |
| DoubleSpin Ltd | Guernsey | |
| VG Estonia OÜ | Estonia | |
| CheckBox Limited | Malta | |
| SureWin Limited | Malta | |
| PayFlow Limited | Malta | |
| GAN Ontario Inc. | Canada | |
| Coolbear Ontario Limited | Malta | |
| GAN Chile SpA | Chile | |
| Big Blind Limited | Isle of Man | |
| Isle of Bear Limited | Isle of Man | |
| Oso Plateado S. de R.L. de C.V. | Mexico | |
| OsoCity S. de R.L. de C.V. | Mexico | |
| Juegos a Distancia S.A.C. | Peru | |
| GAN Social LLC | United States |