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Sports
February 2, 2024
GAN Shareholder Up in Arms as Class-Action Lawsuit Filed
Zappia, who is a shareholder, is filing the lawsuit on behalf of multiple other investors, bringing a class-action lawsuit against the company. In his complaint, Zappia speaks about being “misled” by the company, including on specific matters that have established a “conflict of interest” and have been perceived as “material omissions.” Case to Be Viewed […]
Business
November 8, 2023
SEGA SAMMY CREATION to Acquire GAN Limited
SEGA SAMMY HOLDINGS INC. and its subsidiary SEGA SAMMY CREATION INC. (SSC) have announced they will enter a definitive and amicable agreement to acquire Nasdaq-listed GAN Limited. The Acquisition, to Close by Q3 Ending in March 2025 SEGA SAMMY’s investment strategy through the fiscal year ending March 31, 2026, includes investing up to ¥250 billion […]
Business
October 23, 2023
GAN Obtains Regulatory Approval from Nevada Gaming Commission
The leading international business-to-customer sports betting operator and North American business-to-business provider of real money internet gaming solutions, GAN, announced it achieved a major milestone in Nevada. The company revealed Friday that it secured regulatory approval from the Nevada Gaming Commission, the state governmental agency in charge of regulating gambling activities together with the Nevada […]
Sports
October 5, 2023
GAN Secures Conditional Nevada License Despite CEO Departure
The Nevada Gaming Commission tentatively approved a conditional two-year license for sports betting technology provider GAN Ltd., despite recent upheaval in its corporate hierarchy and strategic financial restructuring efforts. CEO Departure and Investor Scrutiny Spark Apprehension GAN, headquartered in Irvine, California, and with roots in Europe, has been facing scrutiny from investors, witnessing a sharp […]
Business
September 27, 2023
GAN Confirms Dermot Smurfit Steps Down from CEO Role
The leading North American business-to-business (B2B) technology provider of gaming solutions and international sports betting operator, GAN, announced changes to its senior-level management team. On Wednesday, the company confirmed that its Board of Directors accepted the resignation of Dermot Smurfit from his role as director of the company and its subsidiaries and chief executive officer […]
Business
August 11, 2023
GAN Posts Q2 Results, Shares Optimism about H2
North American B2B and B2C iGaming company GAN has posted its financial result for the second quarter of the year. The period ended June 30 marked another quarter of mixed metrics. Following its suboptimal performance in Q1, the company posted Q2 revenue of $33.8 million, marking a slight year-on-year decrease from last year’s $35 million. […]
Business
May 11, 2023
GAN Is Optimistic about 2023 Despite Suboptimal Q1 Results
GAN, a major NA B2B provider of iGaming technology provider and an International B2C operator of online sports betting, has published its Q1 2023 report, highlighting its performance during the three months ended March 31. GAN reported total revenue of $35.1 million, representing a slight 6% year-on-year decrease. Both the B2B and B2C verticals were […]
Business
March 31, 2023
GAN Posts Strong Q4 and 2022, Confirms Strategic Review Launch
North American business-to-business (B2B) technology provider of real money internet gaming solutions and fast-growing international business-to-customer (B2C) betting operator, GAN, released its unaudited financial results outlining the performance of the company during the fourth quarter and 2022. The company posted strong revenue growth for Q4 and 2022, complemented by growth within B2B and B2C segments. […]
Industry
January 18, 2023
GAN’s Coolbet Expanded to Ten Markets via Launch in Mexico
Provider of B2B online gaming technology and B2C online betting and gaming, GAN, announced its Coolbet brand is now available in the regulated Mexican market. Slow and Steady Growth The launch of GAN’s Coolbet in Mexico made the Latin American country the tenth regulated jurisdiction where the brand acquired by GAN in January 2021 is […]
Casino
December 17, 2022
GAN Sports and Super RGS to Deepen GAN-WynnBet Partnership
Provider of gambling software and technology GAN announced today it has signed an exclusive national partnership with WynnBet for the integration of GAN Sports and Super RGS. Future State Integrations WynnBet, via WSI US, LLC, the official entity under which the gambling brand operates, conducted an extensive and highly competitive analysis of all available options […]
