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GAN Ltd

GAN Ltd (GAN)

1.83
0.00
( 0.00% )
Updated: 13:19:03

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Key stats and details

Current Price
1.83
Bid
1.80
Ask
1.92
Volume
184,989
1.83 Day's Range 1.85
1.17 52 Week Range 1.86
Market Cap
Previous Close
1.83
Open
1.83
Last Trade
1
@
1.8484
Last Trade Time
13:47:59
Financial Volume
$ 339,812
VWAP
1.8369
Average Volume (3m)
184,063
Shares Outstanding
45,570,192
Dividend Yield
-
PE Ratio
-2.42
Earnings Per Share (EPS)
-0.76
Revenue
129.42M
Net Profit
-34.44M

About GAN Ltd

GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company segments include Real money iGaming operations and Simulated iGaming operations. The customers of the company include large regional operators and individual tribal casino operators... GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company segments include Real money iGaming operations and Simulated iGaming operations. The customers of the company include large regional operators and individual tribal casino operators. Show more

Sector
Cmp Processing,data Prep Svc
Industry
Cmp Processing,data Prep Svc
Website
Headquarters
Hamilton, Bmu
Founded
-
GAN Ltd is listed in the Cmp Processing,data Prep Svc sector of the NASDAQ with ticker GAN. The last closing price for GAN was $1.83. Over the last year, GAN shares have traded in a share price range of $ 1.17 to $ 1.86.

GAN currently has 45,570,192 shares outstanding. The market capitalization of GAN is $83.39 million. GAN has a price to earnings ratio (PE ratio) of -2.42.

GAN Latest News

GAN Reports Third Quarter 2024 Financial Results

Strong profitability improvement driven by B2B revenues and continued cost rationalization Planned Merger with SEGASAMMY now expected to close in early 2025 GAN Limited (NASDAQ: GAN) (the...

GAN Announces Approval of Merger by the Nevada Gaming Commission

Merger with SEGA SAMMY remains on track to close in late 2024 or early 2025 GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading North American B2B technology provider of real money...

GAN Reports Second Quarter 2024 Financial Results

Growth in B2B revenues coupled with continued cost rationalization leads to improved results Expected timeline for completion of merger with SEGASAMMY remains on track for late 2024 or early 2025...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.00220.1203632782581.82781.861.811821351.83019211CS
40.0553.09859154931.7751.861.772106651.81466188CS
120.095.17241379311.741.861.7251840631.80171629CS
260.4835.55555555561.351.861.291556791.69379119CS
520.3422.81879194631.491.861.171952601.56191607CS
156-8.52-82.318840579710.3510.850.833636173.12935747CS
260-11.17-85.92307692311331.810.8364280913.65094478CS

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GAN Discussion

View Posts
Monksdream Monksdream 3 months ago
GAN new 52 week high
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Triple nickle Triple nickle 1 year ago
Added some
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Lowjack Lowjack 3 years ago
Do you have a permit for this dumpster fire?
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Stink7 Stink7 4 years ago
Canada legalizing online betting plus the rest of the world will make them stock soar. More money on the way
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Mr B Mr B 4 years ago
Seeing comparisons of GAN $40, to BRGGF $(1.86) definitely similar models and as of March 1 Bragg Gaming will be live in the United States, currently just in about 14 other countries.
Anyone see a reason not to take a chance on a few shares of both with the US market adding gambling per state all the time? Seems like huge opportunities for both?
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Biggiee Biggiee 4 years ago
Every time the price surges up a bit, someone keeps dumping on the bid. Seems the buying appetite is very strong so it manages to stay upward, so far.
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Biggiee Biggiee 4 years ago
waiting for a pull back to get in...
... still waiting....
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weedtrader420 weedtrader420 4 years ago
GAN competing with Penn gaming
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weedtrader420 weedtrader420 4 years ago
GAN should get to that $40 area quickly
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BluSkies BluSkies 4 years ago
Michigan regulators say they are just days away from giving launch authorization for legal online gambling and online sports betting.

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Tincupx Tincupx 4 years ago
You are comically consistent
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weedtrader420 weedtrader420 4 years ago
GAN$ $40 TARGET PRICE WOOHOOOOOOOOOOOOOOO
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MajorGrowth MajorGrowth 4 years ago
HUGE POTENTIAL!
https://ca.proactiveinvestors.com/companies/news/934073/fansunite-entertainment-uplists-its-shares-to-the-otcqb-venture-market-934073.html
https://seekingalpha.com/news/3620022-fansunite-entertainment-inks-partnership-pinnacle-solutions
https://www.investorideas.com/news/2020/gaming/11254CSE-FANS.asp
https://ca.proactiveinvestors.com/companies/news/935127/fansunite-entertainment-ceo-pleased-with-canadas-proposed-single-event-sports-betting-legislation-935127.html
https://www.streetwisereports.com/article/2020/11/10/gaming-firms-sportsbook-smashes-revenue-expectations-in-october.html
https://www.investorideas.com/news/2020/gaming/12071CSE-FANS.asp
https://www.wallstreetreporter.com/2020/12/fansunite-otc-funff-cse-fans-next-super-stock-livestream-11-19-20/
https://www.prnewswire.com/news-releases/regulators-and-leagues-alike-embrace-sports-betting-301188041.html

$FANS $FUNFF
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pauljack13 pauljack13 4 years ago
About time!!

I knew it was going to go up all along. LOL
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weedtrader420 weedtrader420 4 years ago
woohooooooooo GAN $22 Target price today
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pauljack13 pauljack13 4 years ago
I never left. I’m still here. In for a longer hold. Average price $18.
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weedtrader420 weedtrader420 4 years ago
Back in GAN $30 TARGET PRICE WOOHOOOOOOOOOOOOOOO
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collinmcb collinmcb 4 years ago
If you are interested in DKNG, check out this article on Europe's leading Daily Fantasy Sports company, Scout Gaming
https://seekingalpha.com/article/4375024-scout-gaming-europes-leading-b2b-daily-fantasy-sports-provider?comments=show&v=1600436915
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pauljack13 pauljack13 4 years ago
I can’t believe this thing slid so far down on earnings WTF.
Anyhow, I’m still in buying some down here.
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aries4747 aries4747 4 years ago
GAN Launches Real Money Internet Gambling in Pennsylvania for Cordish Gaming Group

LONDON
8/17/2020
GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions to the U.S. land-based casino industry, today announced the launch of the new “PlayLive!” branded Internet gambling business in the Commonwealth of Pennsylvania for Cordish Gaming Group (“Cordish”), the gaming division of The Cordish Companies.

GAN successfully deployed the real money gaming operation in just 72 days following the execution of a definitive agreement, once again validating GAN’s rapid delivery process. This launch, which leverages the “Live! Rewards” customer rewards program, enables residents of Pennsylvania to enroll in advance, online, for their Live! Rewards Players Card and engage with a full range of gambling content including Internet slots, table games and non-traditional online gambling games. This launch comes ahead of two new Live!-branded gaming facilities in Pittsburgh and Philadelphia, expected to open in late 2020 and early 2021, respectively.

Live! is an existing client of GAN’s Simulated Gaming, which launched online in 2015 as an amenity complementing the Live! Casino & Hotel at Arundel Mills in Hanover, Maryland, and is GAN’s third client of real money Internet gambling enterprise software in the State of Pennsylvania.

Dermot Smurfit, CEO of GAN Limited, stated:

“We are pleased to have launched ‘PlayLive!’ on behalf of Cordish, one of the nation’s leading casino and entertainment companies and an existing GAN client, and look forward to continuing to support the growth of their business by providing a seamless and entertaining online experience for their users.”

About GAN Limited

GAN is a leading business-to-business supplier of internet gambling software-as-a-service solutions to the U.S. land-based casino industry. GAN has developed a proprietary internet gambling enterprise software system, GameSTACK™, which it licenses principally to land-based U.S. casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual Simulated Gaming.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbors created under federal securities laws. Words such as “anticipate,” “believe,” “expect,” “intend,” “may,” “will,” and similar expressions are intended to identify forward-looking statements. The forward-looking statements in this press release include statements about the Company’s expectations regarding the closing of its proposed initial public offering and the anticipated use of proceeds from the offering. These statements involve risks, estimates, assumptions and uncertainties that could cause actual results to differ materially from those expressed in these statements, including, among others, risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the proposed offering, as well as risks and uncertainties associated with the Company’s business and finances in general. Because the risks, estimates, assumptions and uncertainties referred to above could cause actual results or outcomes to differ materially from those expressed in any forward-looking statements, readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200817005126/en/

Investor Contacts:

GAN
Jack Wielebinski
Head of Investor Relations
(214) 799-4660
jwielebinski@GAN.com

The Equity Group
Adam Prior
(212) 371-8660
aprior@equityny.com

Carolyne Sohn
(415) 568-2255
csohn@equityny.com
Copyright Business Wire 2020
News Provided by Business Wire via QuoteMedia
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aries4747 aries4747 4 years ago
Churchill Downs Readying For BetAmerica Switch To GAN, Kambi Software

https://www.onlinepokerreport.com/42921/betamerica-gan-kambi-sports-betting/


Churchill Downs Readying For BetAmerica Switch To GAN, Kambi Software
Brad Allen Posted on Jun 26, 2020 05:49 PDT
BetAmerica GAN Kambi

Churchill Downs has a provisional agreement in place to move its BetAmerica online gambling brand onto a GAN platform and a Kambi sportsbook.

GAN noted in its Q1 earnings call this month it has secured an “agreement in principle” for a “Tier 1” client to move onto its GameStack platform. Online Poker Report understands that client to be Churchill Downs, though the deal is not yet signed and may still be subject to change.

GAN would provide the wider player account management (PAM) platform, and Kambi the sportsbook technology within that.

Both companies declined to comment.
A fresh start for BetAmerica

Churchill Downs previously used the SBTech platform and sportsbook for its BetAmerica brand. However the brand has made relatively limited headway to date in New Jersey and Pennsylvania.

It also suffered a multi-week outage in April.

SBTech is furthermore owned by DraftKings now, meaning any growth from BetAmerica would also benefit a rival operator.

Churchill Downs and DraftKings also declined to comment.
GAN predicts big things for its ‘Tier 1’ client

At its Q1 earnings call, GAN said the incoming Tier 1 client could generate $300-400 million in annual revenue within three years.

“We’ve been working on this deal for an extended period of time,” said CEO Dermot Smurfit during the presentation. “We’re already burning calories and procuring the necessary infrastructure and getting ready to deploy, but we look forward to updating you and everybody else at the right time.”

Smurfit also said the deal would displace an existing US B2B provider, and the new product could be deployed in Michigan, Tennessee, and Illinois.

Churchill Downs’ footprint matches that description, prompting speculation from investors.
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aries4747 aries4747 4 years ago
GAN (19.92): PlayLive! Casino Comes to Life Online Ahead of Land-Based Live! Casinos in Pennsylvania

https://www.playpennsylvania.com/live-online-casino-app-pa-ahead-of-retail/

PlayLive! Casino has arrived in Pennsylvania months ahead of its brick-and-mortar counterparts. The newest PA online casino will conduct a mandated three-day soft launch on Tuesday, 2 p.m.-midnight, Wednesday 2-midnight and Thursday 12-midnight.

Pending the completion of the test phase and Pennsylvania Gaming Control Board approval, the site will operate 24/7 starting Friday, Aug. 14.

Live! online casino app is available on Android and desktop at playlive.com. However it is not yet available in the App Store for iOS.

An iGaming platform coming before the physical casino is a first. The Cordish Gaming Group plans to open Live! Casino Philadelphia and a mini-casino in Westmoreland, PA in 2021.
PlayLive! Casino offerings at launch

The addition of PlayLive! makes PA home to eleven online casinos. To start, it didn’t waste time presenting a substantial (for Pennsylvania) library of games.

GAN and Cordish in PA

In May 2020, GAN announced that Cordish Group chose them to supply the software platform for their new PlayLive! online casino in Pennsylvania. At the time, the anticipated arrival was Fall 2020.

Dermot Smurfit, CEO of GAN commented:

“Bringing Pennsylvania’s newest casino online later this year will be a genuine privilege, and we look forward to supporting their on-property gaming business by leveraging our U.S. patented iBridge Framework, bridging the Internet gambling experience with that of retail gaming. Online will remain the growth driver of this Industry for decades to come, not just in Pennsylvania but across the nation.”

In the still-early stages of the pandemic in May, Cordish seemed to have an eye on blending the online/in-person gaming experience.

Robert J. Norton, President of Cordish Gaming Group said:

“With our established relationship, GAN was the logical provider of our enterprise platform for launching real money Internet gambling and offers Cordish the ability to extend on-property rewards into the online channel, which has been shown to increase loyalty amongst players of simulated Gaming.”
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pauljack13 pauljack13 4 years ago
Finally a couple of Green Days. Time to consolidate and go up.
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pauljack13 pauljack13 4 years ago
For the love of god. Can this POS go up at least for one day.
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weedtrader420 weedtrader420 4 years ago
GAN$$$$$ John Denver Rocky Mountain High coming
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greenwillow greenwillow 4 years ago
Added to the Russell
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justhefax justhefax 4 years ago
Been building for last mo.... huge potential , ands that’s even before sports open up!!!
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weedtrader420 weedtrader420 4 years ago
GAN$$$$$ $30 TARGET PRICE TODAY
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weedtrader420 weedtrader420 4 years ago
Buying opportunity
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Tincupx Tincupx 4 years ago
Sort of going the wrong direction wouldn’t you say
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weedtrader420 weedtrader420 4 years ago
GAN will pass DraftKings price $42
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weedtrader420 weedtrader420 4 years ago
Double your money this month GAN$$$$$$$ $$$$ . )
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weedtrader420 weedtrader420 4 years ago
GAN is worth more than Penn gaming
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Tincupx Tincupx 4 years ago
Why is it going to 30 this week? Something you see in the chart? Technical pattern? Release of new contract? Can you support your statement in any way?
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weedtrader420 weedtrader420 4 years ago
I just know GAN going up big time over $30 this week
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Ikeluv Ikeluv 4 years ago
Do you have an article?
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weedtrader420 weedtrader420 4 years ago
GAN$$$$$ $30 Target price today I can't believe people are not seeing what I see lmfaobahaha lots of famous people watching weedTrader420 one person is Cramer Upchurch Legend
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weedtrader420 weedtrader420 4 years ago
woohooooooooooooo $75 TARGET price easy peasy lemon squeezy
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Tincupx Tincupx 4 years ago
Seriously this stuff again? It’s to be expected I guess
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weedtrader420 weedtrader420 4 years ago
Woow GAN $75 Target price NICE
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weedtrader420 weedtrader420 4 years ago
Good move buy any dips GAN the mob
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BaseJumper35 BaseJumper35 4 years ago
added today here!!!
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weedtrader420 weedtrader420 4 years ago
GAN$$$$$ $40 TARGET PRICE stock will definitely go up 100%
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Tincupx Tincupx 4 years ago
Now it’s 35$? Never even got to 30$!
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weedtrader420 weedtrader420 4 years ago
GAN$$$$$$$ $35 TARGET price
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BaseJumper35 BaseJumper35 4 years ago
Dang! 10% stake! Bacchantes Limited
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weedtrader420 weedtrader420 4 years ago
GAN$ $30 TARGET PRICE TODAY WOOHOO$$$ WOW!
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weedtrader420 weedtrader420 4 years ago
just doing my homework GAN$$$$
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Ikeluv Ikeluv 4 years ago
Did you read an article?
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Tincupx Tincupx 4 years ago
Sick move! Wish I had the balls to stay in this beast but that why we all have our own trading rules. Hopefully get another crack at it at 17$ some day
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