Search Site
GAN Sees ‘Exceptional’ First Quarter Growth
- Details
- Hits: 899
GAN’s first quarter included exceptional growth of gross operator revenue as New Jersey sports betting benefited from the Super Bowl and NCAA basketball tournament, CEO Dermot Smurfit said.
Sports betting, real-money gaming and Simulated Gaming revenue all hit record levels in the quarter.
Gross operator revenue grew 148.3 percent to $59.1 million over last year and 41.4 percent over the fourth quarter.
Active player days rose 65.6 percent over last year to 5.281 million and 14.4 percent sequentially.
Average revenue per daily active user increased 23.8 percent over the fourth quarter to $11.20.
Full report: http://gan-investors.s3.amazonaws.com/1554107859.a58f0f2abe2b4f901ce7947b89b9260e.pdf.
This kind of gaming news and more can be delivered straight to your inbox with a subscription to Fantini’s Gaming Report. Email Alex Capitle at This email address is being protected from spambots. You need JavaScript enabled to view it. for a free 30-day trial.
Sports betting, real-money gaming and Simulated Gaming revenue all hit record levels in the quarter.
Gross operator revenue grew 148.3 percent to $59.1 million over last year and 41.4 percent over the fourth quarter.
Active player days rose 65.6 percent over last year to 5.281 million and 14.4 percent sequentially.
Average revenue per daily active user increased 23.8 percent over the fourth quarter to $11.20.
Full report: http://gan-investors.s3.amazonaws.com/1554107859.a58f0f2abe2b4f901ce7947b89b9260e.pdf.
This kind of gaming news and more can be delivered straight to your inbox with a subscription to Fantini’s Gaming Report. Email Alex Capitle at This email address is being protected from spambots. You need JavaScript enabled to view it. for a free 30-day trial.