GAN

Continued momentum

  • Sectors : Gaming
  • Companies : GAN

DAVY VIEW

GAN’s positive trading update suggests that 2019 revenues should be at least double the level of the prior year, with momentum particularly pronounced in recent months since the start of the recent NFL season (gross operator revenue in October alone was up almost 270%). The company therefore continues to benefit from a strong position in the US online gambling market, which continues to ramp-up ahead of expectations.

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Nov 5 2019, 08:25 GMT

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