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GAN Reports Positive Trading Updates for Q2 2019

Published

6 years ago

July 3, 2019

Niji Narayan

GAN Reports Positive Trading Updates for Q2 2019

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The gaming technology provider GAN has reported favourable trading updates for the second quarter of 2019, with the strong performance of clients’ sportsbook offerings. GAN mainly got benefitted from high levels of activity around basketball and baseball in New Jersey in Q2. GAN also benefitted from internet sports betting.

GAN stated that the growth will also be contingent on the performance of WinStar.com. It may also be affected by the impact of Italy’s gambling advertising ban, with GAN powering nine clients in the market.

The company expects to report a high double-digit revenue growth in its full-year results through client launches and signing contracts with new partners.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.