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GAN PLC (GAN.L)

GAN.L on London Stock Exchange

165.00GBp
23 Jan 2020
Change (% chg)

-2.50 (-1.49%)
Prev Close
167.50
Open
167.50
Day's High
167.00
Day's Low
167.00
Volume
335,201
Avg. Vol
726,712
52-wk High
202.00
52-wk Low
40.25

Latest Key Developments (Source: Significant Developments)

GAN Plc Names Karen Flores As CFO, Says Progressing Toward U.S. Listing
Monday, 13 Jan 2020 

Jan 13 (Reuters) - GAN PLC ::APPOINTS KAREN FLORES AS CHIEF FINANCIAL OFFICER, CONTINUES TO PROGRESS TOWARD U.S. LISTING.  Full Article

GAN Plc Issues Statement On Internet Gambling Regulation In Michigan
Monday, 23 Dec 2019 

Dec 23 (Reuters) - GAN PLC ::ISSUES STATEMENT ON REGULATION OF INTERNET GAMBLING IN MICHIGAN."STRONGLY POSITIONED" TO SERVE MICHIGAN CASINO OPERATORS IN THAT STATE.  Full Article

GAN Says Q3 Benefitted From Stronger-Than-Expected Demand For U.S Sports Betting
Tuesday, 1 Oct 2019 

Oct 1 (Reuters) - GAN PLC ::Q3 2019 KEY PERFORMANCE INDICATORS HIGHLIGHTED BY 203% GROWTH IN GROSS OPERATOR REVENUE.Q3 BENEFITTED FROM STRONGER-THAN-EXPECTED DEMAND FOR U.S SPORTS BETTING.Q3 ACTIVE PLAYER-DAYS AT 5.4 MILLION IS AN INCREASE OF 59% YEAR-OVER-YEAR.Q3 GROSS SPORTS WIN FROM REAL MONEY REGULATED SPORTS BETTING, INCREASED 202.7% YEAR-OVER-YEAR.  Full Article

GAN PLC Says Total Internet Sports Wagering Handle About $83.2 Million In August
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - GAN PLC ::REPORTS AUGUST 2019 INTERNET GAMBLING GROWTH FOR PENNSYLVANIA INTERNET GAMBLING WIN INCREASED 118.6% FROM JULY.INTERNET GAMING WIN WAS $6.3 MILLION IN AUGUST COMPARED TO $2.9 MILLION IN PRIOR SEQUENTIAL MONTH.TOTAL INTERNET SPORTS WAGERING HANDLE WAS APPROXIMATELY $83.2 MILLION FOR MONTH OF AUGUST.  Full Article

GAN Plc Says Committed To Procuring A U.S. Listing
Friday, 13 Sep 2019 

Sept 13 (Reuters) - GAN Plc ::TRADING UPDATE AND CONCLUSION OF STRATEGIC REVIEW.TRADING IS SIGNIFICANTLY AHEAD OF BOARD'S EXPECTATIONS FOR EIGHT MONTHS UP TO AND INCLUDING AUGUST 31, 2019..RECEIVED MULTIPLE BIDS FROM MULTIPLE PARTIES DURING FSP.BOARD IN CONSULTATION WITH ITS ADVISORS HAS DETERMINED THAT BIDS RECEIVED DID NOT REPRESENT FAIR VALUE FOR SHAREHOLDERS.CONCLUDED THAT IT IS UNLIKELY THAT FORMAL SALE PROCESS WOULD PRODUCE MOST ATTRACTIVE OUTCOME FROM REVIEW OF STRATEGIC ALTERNATIVES.DECIDED TO TERMINATE FSP AND COMPANY IS NO LONGER IN AN OFFER PERIOD UNDER CITY CODE ON TAKEOVERS AND MERGERS.OUTCOME OF REVIEW OF STRATEGIC ALTERNATIVES IS THAT COMPANY IS NOW COMMITTED TO PROCURING A U.S. LISTING AS SOON AS REASONABLY PRACTICABLE.  Full Article

Gan Foresees Legalization Of Internet Gambling In Illinois To Be Material To Business
Monday, 3 Jun 2019 

June 3 (Reuters) - GAN PLC ::GAN PLC - FORESEES LEGALIZATION OF INTERNET GAMBLING IN ILLINOIS TO BE MATERIAL TO CO'S BUSINESS.GAN PLC - ANTICIPATES EXISTING CLIENTS TO EXTEND ONLINE GAN-SUPPORTED OPERATIONS INTO ILLINOIS.  Full Article

Gan PLC Says Gives Notice Of AGM And Proposed Cancellation Of Admission To Euronext Growth
Friday, 17 May 2019 

May 16 (Reuters) - GAN PLC ::SAYS GIVES NOTICE OF AGM AND PROPOSED CANCELLATION OF ADMISSION TO EURONEXT GROWTH.COMPANY HAS PROPOSED TO CANCEL ADMISSION OF ORDINARY SHARES TO TRADING ON EURONEXT GROWTH.CANCELLATION RESOLUTION APPLIES ONLY TO EURONEXT GROWTH AND WILL HAVE NO EFFECT UPON ADMISSION OF ORDINARY SHARES TO TRADING ON AIM.CONFIRMS THAT COMPANY'S ANNUAL GENERAL MEETING WILL BE HELD ON WEDNESDAY, 12 JUNE 2019.  Full Article

GAN Says CFO Richard Santiago To Depart In Q3 2019
Monday, 13 May 2019 

May 13 (Reuters) - GAN PLC ::GAN ANNOUNCES CHIEF FINANCIAL OFFICER TRANSITION.RICHARD SANTIAGO TO DEPART IN Q3 2019 TO PURSUE AN ALTERNATIVE OPPORTUNITY.REY DEL VALLE APPOINTED CHIEF FINANCIAL OFFICER-DESIGNATE.  Full Article

Gan Comments Extension Of Parx Casino Contract Into New Jersey
Monday, 11 Mar 2019 

March 11 (Reuters) - GAN PLC ::EXTENSION OF PARX CASINO CONTRACT INTO NEW JERSEY.AWARDED US GAMING LICENSE AWARD FROM PENNSYLVANIA GAMING CONTROL BOARD.MAINTAINS CY2019 GUIDANCE OF MID-HIGH DOUBLE-DIGIT PERCENTAGE REVENUE GROWTH AND POSITIVE EBITDA.EXPECTS INTERNET GAMBLING MARKET IN PENNSYLVANIA TO COMMENCE IN SUMMER 2019.REMAINS CONFIDENT IN CY2019 FULL YEAR GUIDANCE PROVIDED ON JANUARY 25, 2019.EXPECTS MID-TO-HIGH DOUBLE-DIGIT PERCENTAGE YEAR ON YEAR REVENUE GROWTH IN FY 2019 AND FULL YEAR POSITIVE EBITDA.DOES NOT ANTICIPATE ANY ADDITIONAL CAPITAL REQUIREMENT ON CURRENT BUSINESS PLAN AND COMPANY IS THEREFORE FULLY FUNDED.  Full Article

Gan PLC Says Trading For FY 2018 Expected To Be Ahead Of Market Expectations
Friday, 25 Jan 2019 

Jan 25 (Reuters) - GAN PLC ::TRADING FOR FY 2018 IS EXPECTED TO BE AHEAD OF MARKET EXPECTATIONS WITH REVENUE BETWEEN £10.5 MILLION TO £11.3 MILLION VERSUS £9.1 MILLION FOR FY 2017.COMPANY THEREFORE EXPECTS STRONG MOMENTUM ACHIEVED DURING H2 2018 TO CONTINUE INTO FY 2019.MANAGEMENT EXPECTS MID TO HIGH DOUBLE DIGIT PERCENTAGE YEAR ON YEAR REVENUE GROWTH IN FY 2019 AND FULL YEAR POSITIVE EBITDA.  Full Article

UPDATE 1-Online gambling software maker GAN forecasts revenue surge on NFL boost

Nov 5 GAN Plc said on Tuesday it expects annual revenue to more than double on strong demand for its internet gambling software in the United States after the start of the National Football League season in September, sending its shares up 10%.