GAN Ltd
About: GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company has two operating segments B2B and B2C. The B2B segment develops, markets, and sells instances of GameSTACK, GAN Sports, and iSight Back Office technology that incorporates comprehensive player registration, account funding, and back-office accounting and management tools that enable the casino operators to efficiently, confidently, and effectively extend their presence online in places that have permitted online real money gaming, and The B2C segment, which includes the operations of Coolbet, develops and operates a B2C online sports betting and casino platform that is accessible through its website in markets across Northern Europe, Latin America, and Canada.
Employees: 626
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,400% more call options, than puts
Call options by funds: $15K | Put options by funds: $1K
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
42% more capital invested
Capital invested by funds: $15.5M [Q3] → $22M (+$6.55M) [Q4]
16% more funds holding
Funds holding: 44 [Q3] → 51 (+7) [Q4]
7.35% more ownership
Funds ownership: 19.17% [Q3] → 26.52% (+7.35%) [Q4]
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Research analyst outlook
We haven’t received any recent analyst ratings for GAN.
Financial journalist opinion
Neutral
Business Wire
2 weeks ago
GAN Reports Fourth Quarter and Full Year 2024 Financial Results
LAS VEGAS--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the fourth quarter and year ended December 31, 2024. Seamus McGill, GAN's Chief Executive Officer, said, “I'd like to thank our entire global team for continuing to execute and grow our business on a streamline.
Neutral
Business Wire
1 month ago
GAN Announces Extension of SEGA SAMMY Merger Agreement
LAS VEGAS--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it has entered into an amendment to the merger agreement for the proposed merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. (“SSC”), an affiliate of SEGA SAMMY HOLDINGS INC. (“SEGA SAMMY HOLDINGS”). The amendment extends the “End D.
Neutral
Business Wire
4 months ago
GAN Reports Third Quarter 2024 Financial Results
LAS VEGAS--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the third quarter ended September 30, 2024. Seamus McGill, GAN's Chief Executive Officer, said, “I couldn't be more pleased with the progress our team members have made to deliver revenue growth while concurren.
Neutral
Business Wire
5 months ago
GAN Announces Approval of Merger by the Nevada Gaming Commission
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading international B2C operator of Internet sports betting, today announced that it has received approval from the Nevada Gaming Commission (NGC) for the merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. (“SSC”), an affiliate of SEGA SAMMY HOLDINGS INC. (“SEGA SAMMY HOLDINGS”). The closing of the merger re.
Neutral
Business Wire
7 months ago
GAN Reports Second Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the second quarter ended June 30, 2024. Seamus McGill, GAN's Chief Executive Officer, said, “I'm very pleased with the continued operational progress the team is delivering. We achieved top-line revenue gr.
Neutral
Business Wire
9 months ago
GAN Announces CFIUS Clearance for SEGA SAMMY Merger
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for the proposed merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. (“SSC”), an affiliate of SEGA SAMMY HOLDINGS INC. (“SEGA SAMMY.
Neutral
Business Wire
10 months ago
GAN Reports First Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the first quarter ended March 31, 2024. "Our first quarter saw strong B2B revenue growth of nearly 10% as well as successful ongoing cost initiatives to reduce our overall operating expenses by 20%,” comme.
Neutral
Business Wire
10 months ago
GAN to Release First Quarter Results on May 9, 2024
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it will release financial results for the first quarter ended March 31, 2024, after market close on Thursday, May 9, 2024. Due to the previously announced merger agreement and merger of GAN and a subsidiary of SEGA SAMMY CREATION INC.,.
Neutral
Business Wire
1 year ago
GAN Announces Recent Appointment of Mr. Brian Chang to Chief Financial Officer
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that Mr. Brian Chang has recently been named the Company's Chief Financial Officer. Mr. Chang had previously been serving in an interim capacity. Mr. Chang will be focused on guiding the Company towards a timely closing with Sega Sammy Crea.
Neutral
Business Wire
1 year ago
GAN Reports Fourth Quarter and Full Year 2023 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (NASDAQ: GAN) (the “Company” or “GAN”), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 Compared to Fourth Quarter 2022 Total revenue of $30.7 million decreased 17%, or $6.2 million, compared to the prior year quarter. B2B segm.
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