Gambling in the USA
GAN reports record trading in third quarter
GAN, the premier B2B supplier of gaming software, has posted a record level of trading for the third quarter of 2018.
Gross operator revenue reached US$26.7m for the third quarter, an 11.3 increase from the second quarter. GAN also reported an 8.6 per cent quarter-on-quarter growth in active player-days in Q3 2018 to 3.4m.
The company launched regulated internet sports betting for PaddyPower Betfair’s enlarged US business FanDuel Group on September 1.
Dermot Smurfit, CEO of GAN, said: “GAN traded at record levels during these past two quarters with significant growth in Q3 driven by the launch of our second New Jersey client of regulated gaming accelerated by the first month of US internet sports betting in September.
“The new KPI ‘Gross Operator Revenue’ identifies the GAN-enabled revenues delivered to our clients operating their simulated gaming and/or regulated gambling business on our technology platform, in which GAN participates.”
-
Africa7 days ago
Altenar obtains National Manufacturer licence in South Africa
-
Industry News4 days ago
Pennsylvania Skill, powered by Pace-O-Matic, congratulates PA Gaming Control Board and casinos on a banner 2024 with record monthly revenue
-
Latest News4 days ago
FBM Foundation spreads holiday cheer with initiatives in Brazil and the Philippines
-
Australia6 days ago
AUSTRAC Takes Ladbrokes and Neds’ Operator – Entain – to Federal Court Over Serious Non-compliance with Australia’s Money Laundering Laws
-
eSports6 days ago
GRID Joins IBIA as an Associate Member, Strengthening Esports Integrity
-
Asia4 days ago
India Levels Up: Emerging as a Global Gaming Powerhouse in 2024
-
Interviews7 days ago
FTDx Wins Xanada Startup Contest: Unlocking Untapped iGaming Traffic with Innovative Monetization Solutions
-
Compliance Updates4 days ago
Stakelogic Secures License to the newly regulated Danish market