GAN Files Definitive Proxy Statement and Will Hold Special Meeting of Shareholders to Vote on Merger With Affiliate of SEGA SAMMY HOLDINGS, INC.
- 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 the Company will hold its Special Meeting of Shareholders to vote on the proposed merger with a subsidiary of SEGA SAMMY CREATION INC., an affiliate of SEGA SAMMY HOLDINGS, INC. The meeting will take place on Tuesday, February 13, 2024.
- 01/10/2024
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GAN Announces Launch of GAN Sports with Red Rock Resorts, Inc. under the STN Sports Brand
- 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 Red Rock Resorts, Inc. has commenced field trials of GAN Sports under the STN Sports brand at all properties of Station Casinos LLC (“Station Casinos”). The field trial commenced with the certification of GAN's GameSTACK 2.0 Platform.
- 12/27/2023
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GAN Announces Changes to its Board of Directors
- 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 changes to its Board of Directors and accompanying committees. Mr. Seamus McGill will step down from his role as Chairman of the Board, while continuing in his role as interim CEO and will be focused on guiding the company towards a timely.
- 12/22/2023
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GAN LIMITED INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of GAN Limited - GAN
- NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of GAN Limited (NasdaqCM: GAN) to Sega Sammy Creation Inc. Under the terms of the proposed transaction, shareholders of GAN will receive $1.97 in cash for each share of GAN that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the considerati.
- 11/10/2023
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GAN stock soars on takeover deal with Sega Sammy
- GAN Limited shares surged 83% to $1.63 in midday trading on Wednesday after the sports-betting technology provider agreed to be acquired by Sega Sammy Holdings, a Japanese company known for its arcade and video games. Sega Sammy said it will pay $1.97 per share for GAN, a 121% premium to Tuesday's closing price, or a total consideration of about $84.4 million.
- 11/08/2023
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GAN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of GAN Limited Is Fair to Shareholders
- NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GAN Limited (NASDAQ: GAN) to Sega Sammy Creation Inc. for $1.97 per share in cash is fair to GAN shareholders. Halper Sadeh encourages GAN shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether GAN and its board of di.
- 11/08/2023
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Why Is Gan (GAN) Stock Up 94% Today?
- Gan (NASDAQ: GAN ) stock is rocketing higher on Wednesday after the software-as-a-service solutions company announced an acquisition deal with Sega Sammy Creation. Sega Sammy Creation, a wholly-owned subsidiary of Sega Sammy (OTCMKTS: SGAMY ), is acquiring Gan for $1.97 per share in cash.
- 11/08/2023
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GAN Announces Definitive Agreement to be Acquired by SEGA SAMMY CREATION
- 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 the Company has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Sega Sammy Creation Inc., (“SSC”), a wholly-owned subsidiary of Sega Sammy Holdings, Inc. (“Sega Sammy”) an international conglomerate.
- 11/07/2023
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GAN Receives Regulatory Approval from 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 regulatory approval from the Nevada Gaming Commission. The approval allows GAN to commence field trial operations of its GAN Sports betting platform with its Nevada customers after the platform is certified and approved.
- 10/20/2023
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GAN Announces Leadership Transition
- 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, announced that its Board of Directors has accepted the resignation of Dermot Smurfit from his position as the Company's Chief Executive Officer and as a director of the Company and its operating subsidiaries. The Company and Mr. Smurfit are evaluating a co.
- 09/27/2023
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GAN Limited (GAN) Reports Q2 Loss, Misses Revenue Estimates
- GAN Limited (GAN) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.21 per share a year ago.
- 08/09/2023
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GAN Reports Second Quarter 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 ended June 30, 2023. Dermot Smurfit, CEO of GAN stated: “Our second quarter saw solid execution and progression of our business plan. We continued to see strength in international markets for B.
- 08/09/2023
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GAN's Potential Needs To Show Itself
- GAN Limited operates an online gambling provider, Coolbet, and provides B2B solutions for other providers. GAN has been unprofitable throughout its history and as revenues don't seem to grow, the company could be in for a hard time. If GAN manages to grow, the stock could be a fantastic investment opportunity at the current price.
- 08/01/2023
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GAN Limited (GAN) Q1 2023 Earnings Call Transcript
- GAN Limited (NASDAQ:GAN ) Q1 2023 Earnings Conference Call May 10, 2023 6:00 PM ET Company Participants Robert Shore - Vice President of Investor Relations Dermot Smurfit - President and Chief Executive Officer Brian Chang - Interim Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig Hallum Capital Group Chad Beynon - Macquarie Operator Good day ladies and gentlemen. Welcome to GAN Limited First Quarter 2023 Earnings Call.
- 05/10/2023
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GAN Limited (GAN) Q1 Earnings Beat Estimates
- GAN Limited (GAN) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.21 per share. This compares to loss of $0.09 per share a year ago.
- 05/10/2023
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GAN Schedules 2023 First Quarter Financial Results Conference Call for May 10, 2023
- 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, 2023, after market close on Wednesday, May 10, 2023. The Company will host a conference call to discuss these financial results at 4:30 PM ET that same day. Confer.
- 05/05/2023
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GAN Limited (GAN) Q4 2022 Earnings Call Transcript
- GAN Limited (NASDAQ:GAN ) Q4 2022 Earnings Conference Call March 30, 2023 4:30 PM ET Company Participants Robert Shore - Vice President of Investor Relations Dermot Smurfit - President and Chief Executive Officer Brian Chang - Interim Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Group Chad Beynon - Macquarie Robert Shore Good afternoon, everyone. GAN's Fourth Quarter and Full-Year 2022 Earnings Release was issued today after the market closed and is posted on the Company's website at gan.com.
- 03/30/2023
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GAN Limited (GAN) Reports Q4 Loss, Tops Revenue Estimates
- GAN Limited (GAN) delivered earnings and revenue surprises of -71.43% and 0.59%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/30/2023
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Despite Fast-paced Momentum, GAN Limited (GAN) Is Still a Bargain Stock
- GAN Limited (GAN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 02/06/2023
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GAN Limited (GAN) Reports Q3 Loss, Misses Revenue Estimates
- GAN Limited (GAN) delivered earnings and revenue surprises of 0% and 6.24%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/14/2022
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GAN Limited (GAN) Q3 2022 Earnings Call Transcript
- GAN Limited (NASDAQ:GAN ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Robert Shore - Vice President of Investor Relations Dermot Smurfit - Chief Executive Officer Karen Flores - Chief Financial Officer Conference Call Participants Cassandra Lee - Jefferies Chad Beynon - Macquarie Ryan Sigdahl - Craig-Hallum Capital Group Operator Greetings, and welcome to the GAN's Third Quarter 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.
- 11/14/2022
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GAN Limited's (GAN) CEO Dermot Smurfit on Q2 2022 Results - Earnings Call Transcript
- GAN Limited (NASDAQ:GAN ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 AM ET Company Participants Robert Shore – Vice President of Investor Relations & Capital Markets Dermot Smurfit – Chief Executive Officer Karen Flores – Chief Financial Officer Conference Call Participants David Bain – B. Riley Securities Aaron Lee – Macquarie Group Ryan Sigdahl – Craig-Hallum Capital Group Robert Shore [Call Starts Abruptly] GAN's second quarter 2022 earnings release issued today after the market close and is posted on the company's website at gan.com.
- 08/15/2022
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GAN Limited (GAN) Reports Q2 Loss, Misses Revenue Estimates
- GAN Limited (GAN) delivered earnings and revenue surprises of -75% and 4.37%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/15/2022
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GAN Limited (GAN) CEO Dermot Smurfit on Q1 2022 Results - Earnings Call Transcript
- GAN Limited (NASDAQ:GAN ) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Robert Shore - Head of IR & Capital Markets Dermot Smurfit - President and CEO Karen Flores - EVP and CFO Conference Call Participants Chad Beynon - Macquarie David Katz - Jefferies LLC Ryan Sigdahl - Craig-Hallum Capital Group Operator Good afternoon, ladies and gentlemen, and thank you for standing by. Welcome to GAN's Q1 2022 Earnings Conference Call.
- 05/16/2022
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GAN Limited (GAN) Reports Q1 Loss, Tops Revenue Estimates
- GAN Limited (GAN) delivered earnings and revenue surprises of 10% and 11.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/16/2022
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Will GAN Limited (GAN) Report Negative Q1 Earnings? What You Should Know
- GAN Limited (GAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2022
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GAN Limited Stock Dropped Today. Has Its Growth Profile Changed?
- GAN Limited reported fourth-quarter earnings that didn't live up to expectations, but it is still a fast-growing company.
- 03/23/2022
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Why GAN Limited Stock Fell 22% at the Open Today
- The gambling company reported a year of strong growth in 2021, but investors were hoping for better fourth-quarter numbers.
- 03/23/2022
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GAN Limited (GAN) CEO Dermot Smurfit on Q4 2021 Results - Earnings Call Transcript
- GAN Limited (GAN) CEO Dermot Smurfit on Q4 2021 Results - Earnings Call Transcript
- 03/22/2022
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GAN Limited (GAN) Reports Q4 Loss, Lags Revenue Estimates
- GAN Limited (GAN) delivered earnings and revenue surprises of -53.85% and 12.81%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 03/22/2022
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Why GAN Shares Are Falling After Hours
- GAN Ltd (NASDAQ: GAN) shares are trading lower in Tuesday's after-hours session after the company reported financial results. GAN said fourth-quarter revenue declined year-over-year.
- 03/22/2022
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7 Stocks to Buy as Panic Selling Hits Wall Street
- So, what are some of the stocks to buy, as the sell-off ends, at least for now? These seven, a mix of growth and value plays, are solid plays for those who can look past near-term uncertainties.
- 02/03/2022
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Top Sports Betting Stocks for Q1 2022
- These are the sports betting stocks with the best value, fastest growth, and most momentum for Q1 2022.
- 01/31/2022
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3 Best Sports Betting Stocks for 2022 to Buy Now
- As esports grows in popularity, the demand for esports-based online games increases -- implying steady growth for best sports betting stocks. The post 3 Best Sports Betting Stocks for 2022 to Buy Now appeared first on InvestorPlace.
- 12/17/2021
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Why GAN Limited Stock Jumped as Much as 10% in Morning Trading Today
- Two bits of news likely drove GAN Limited's early day pop, but one was more important than the other.
- 12/01/2021
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GAN Plans $5M Stock Buyback Program
- GAN Ltd's (NASDAQ: GAN) Board of Directors has authorized a share repurchase program which permits the company to purchase up to an aggregate of $5 million of its ordinary shares. Share repurchases under the new authorization will begin immediately, and the program will expire on May 31, 2022.
- 12/01/2021
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GAN Limited Grows As Seasonal Sweet Spot Beckons
- GAN Limited went public in the U.S. in May 2020, raising approximately $54 million in gross proceeds.
- 11/23/2021
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Why Gan Limited Stock Fell as Much as 18% This Week
- Shares of the online gambling company started to fall at the end of last week and the trend has just kept going.
- 11/19/2021
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Why GAN Limited Stock Dropped as Much as 10% in Morning Trading Today
- The betting services company posted earnings that were good one way, but less than impressive from another angle.
- 11/12/2021
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GAN Limited (GAN) CEO Dermot Smurfit on Q3 2021 Earning Conference Call - Earnings Call Transcript
- GAN Limited (GAN) CEO Dermot Smurfit on Q3 2021 Earning Conference Call - Earnings Call Transcript
- 11/11/2021
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Will GAN Limited (GAN) Report Negative Earnings Next Week? What You Should Know
- GAN Limited (GAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/04/2021
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7 Ways to Profit From Sports Gambling Without Placing a Bet
- Grab yourself a piece of the action with these seven sports gambling stocks, all without having to worry about covering the spread! The post 7 Ways to Profit From Sports Gambling Without Placing a Bet appeared first on InvestorPlace.
- 10/15/2021
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Gan To Provide Sports Betting Infrastructure For Red Rock Resorts
- Gan Ltd (NASDAQ: GAN) has signed an agreement with Red Rock Resorts Inc (Station Casinos) to power retail and online race & sports betting. The financial terms of the deal were not disclosed.
- 10/15/2021
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GAN's Complete Technology Platform to Power Retail and Online Race & Sports Betting for Red Rock Resorts in Nevada
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service gaming software-as-a-service provider to the real money internet gaming, online sports betting, retail sports betting, and simulated gaming industries today announced it has signed a binding terms sheet to with Red Rock Resorts, Inc. (“Station Casinos” or “Station”) to build and deploy the infrastructure for Station's “STN Sports” online sports platform, mobile applications, and retail Ov
- 10/15/2021
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GAN Hosts Virtual Investor Event Today
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today will host a virtual investor event during which CEO Dermot Smurfit and CFO Karen Flores will outline the strategic direction for GAN as well as provide an overview of the Company's market forecasts and financial outlook. Additional presenters will
- 10/15/2021
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GAN To Host Virtual Investor Event on October 15, 2021
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced that it will host a virtual Investor Event on Friday, October 15, 2021. The presentation will begin at 11:00 AM EDT and will be webcasted within the Investor Relations section of the Company's website. The recording of the presentation w
- 10/12/2021
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GAN Postpones Investor Event Previously Scheduled for October 4
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced that it has postponed its investor event previously scheduled for Monday, October 4, 2021 in Las Vegas, Nevada after two members of the executive management team have been required to quarantine in accordance with Center for Disease Cont
- 10/01/2021
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GAN To Host Investor Event in Las Vegas, Nevada on October 4, 2021
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced that it will host an investor event at the Venetian Resort in Las Vegas, Nevada on Monday, October 4, 2021. The presentation will begin at 1:30 PM EDT and the simultaneous, live webcast will be available on the Investor Relations section
- 09/28/2021
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10 Sports Betting Stocks to Buy Just in Time for Football Season
- So, as its prime time once again for sportsbooks, and as the overall igaming trend continues, which sports betting stocks may be of interest? These 10 appear to be top ones to buy.
- 08/31/2021
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GAN Limited Promotes Michael B. Arouh to Chief Legal Officer and Corporate Secretary
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, announced today that Michael B. Arouh has been promoted to the position of Chief Legal Officer and Corporate Secretary. Mr. Arouh will succeed Todd McTavish on his resignation for personal reasons, which will be effective September 1, 2021. Mr. McTavish
- 08/27/2021
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Why Gan Limited's Stock Is Down Almost 10% This Week
- Earnings missed estimates. But were they really that bad?
- 08/20/2021
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Why Gan Ltd Shares Plunged 19.6% Today
- Earnings fell short of expectations in one key area.
- 08/17/2021
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Gan Shares Plummet After Mixed Q2 Results
- Gan Ltd (NASDAQ: GAN) reported second-quarter FY21 revenue growth of 316% year-on-year, to $34.63 million, beating the analyst consensus of $31.88 million. Revenue grew 24% sequentially.
- 08/17/2021
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GAN Limited (GAN) CEO Dermot Smurfit on Q2 2021 Results - Earnings Call Transcript
- GAN Limited (GAN) CEO Dermot Smurfit on Q2 2021 Results - Earnings Call Transcript
- 08/16/2021
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GAN Reports Second Quarter 2021 Financial Results
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming (RMiG), online sports betting, and simulated gaming (SIM) industries, today announced its operating and financial results for the second quarter ended June 30, 2021. Dermot Smurfit, CEO of GAN stated: “Our business momentum accelerated through the first half of 2021, as we continue to scale the business and b
- 08/16/2021
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Smooth Runway To Unlimited Growth: GAN Limited
- In 2020, Alta Fox Capital analyzed 104 stocks that returned over 350% in the last 5 years to learn what makes a multi-bagger. GAN Limited has a number of the characteristics laid out in Alta Fox Capital's report.
- 08/13/2021
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Is a Surprise Coming for GAN Limited (GAN) This Earnings Season?
- GAN Limited (GAN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/13/2021
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Growth In B2B, B2C To Power GAN Ahead: Analyst
- A company that provides the technology for sports betting and iGaming companies saw new analyst coverage Tuesday. The GAN Analyst: Jefferies analyst David Katz is initiating coverage on GAN Limited (NASDAQ:GAN) with a Buy rating and $21 price target.
- 08/10/2021
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7 iGaming Stocks to Buy to Increase Your Odds of Profit
- These seven iGaming stocks to buy could appeal to a range of sports fans who can handle volatility, and possibly help them profit too. The post 7 iGaming Stocks to Buy to Increase Your Odds of Profit appeared first on InvestorPlace.
- 08/06/2021
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Why I Bought This High-Growth Stock This Week
- Revenue growth over 200%? Sign me up.
- 07/23/2021
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Why Roblox and Other Content Platform Stocks Fell This Week
- Wall Street sold off these businesses along with other popular investment classes this week.
- 07/16/2021
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Why GAN Limited Stock Jumped on Thursday
- The company just raised its outlook after a strong second quarter.
- 07/08/2021
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GAN Surges On Updated Guidance
- Shares of internet gaming SaaS provider GAN Limited (NASDAQ: GAN) are trading higher in Wednesday's after-hours session. What Happened: GAN shared preliminary second-quarter financials.
- 07/07/2021
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Gan Partners With Incredible Technologies For Online Games Distribution
- Internet gaming software service provider Gan Ltd (NASDAQ: GAN) has signed an agreement with Illinois-based Incredible Technologies Inc (IT), a designer and manufacturer of coin-operated video games and Class III casino games. The financial terms of the deal were not disclosed.
- 06/17/2021
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GAN Appoints Susan Bracey to the Company's Board of Directors
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced that it has appointed Susan Bracey to its Board of Directors (the “Board”), effectively immediately. Ms. Bracey brings extensive finance experience in the technology, media, and entertainment industries, having held C-suite level and exe
- 06/11/2021
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Why GAN Stock Rose as Much as 11.5% Today
- The online gambling services company announced a deal that will expand its business.
- 05/24/2021
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Why GAN Stock Fell as Much as 10% Today
- The online betting technology company reported earnings after the close yesterday. The results were mixed and investors were displeased.
- 05/18/2021
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GAN Limited's (GAN) CEO Dermot Smurfit on Q1 2021 Results - Earnings Call Transcript
- GAN Limited's (GAN) CEO Dermot Smurfit on Q1 2021 Results - Earnings Call Transcript
- 05/17/2021
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GAN Q1 Revenue Up 262% On CoolBet Integration, New State Launches
- Online casino and sports betting provider GAN Ltd (NASDAQ: GAN) reported first-quarter financial results and announced a new partnership after hours Monday. What Happened: First quarter revenue was $27.8 million, up 262% year over year.
- 05/17/2021
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Earnings Preview: GAN Limited (GAN) Q1 Earnings Expected to Decline
- GAN Limited (GAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 05/10/2021
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Why Online Gambling Stocks Are Falling Off a Cliff
- This industry has gone out of favor quickly.
- 05/09/2021
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The Best Bets in Online Gambling
- Put the odds in your favor in the online gambling boom.
- 04/09/2021
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GAN Names Robert J. Shore as Vice President of Investor Relations and Capital Markets
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries, today announced the appointment of Robert Shore as Vice President of Investor Relations & Capital Markets. Shore joins the company with more than 15 years of experience in corporate finance, investor relations, and Wall Street research. He was recog
- 04/05/2021
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Why Gan Ltd's Shares Plunged 12.5% Today
- Earnings are out, and investors aren't happy.
- 03/26/2021
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Gan Ltd (GAN) CEO Dermot Smurfit on Q4 2020 Results - Earnings Call Transcript
- Gan Ltd (GAN) CEO Dermot Smurfit on Q4 2020 Results - Earnings Call Transcript
- 03/25/2021
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GAN Shares Fall On Q4 Earnings; Guidance Comes In Ahead Of Estimates
- Online gaming platform company GAN Ltd (NASDAQ: GAN) reported earnings after hours Thursday. What Happened: GAN's Fourth-quarter revenue of $8.9 million came in below the Street estimate of $11.8 million.
- 03/25/2021
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GAN Adds Gila River Gaming Enterprises to its Growing List of Simulated Gaming Clients
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet enterprise software-as-a-service provider, today announced that it has entered into a definitive agreement with Gila River Gaming Enterprises (“Gila” or “Client”) to provide Simulated Gaming solutions to Gila's patrons across all properties on both desktop and mobile. The customized solution is powered by GAN's core Simulated Gaming software and provides meaningful marketing, bra
- 03/17/2021
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GAN Limited: Profit From The Expansion Of Online Gambling With This 'Picks And Shovels' Play
- GAN makes its money as a percentage of net gaming revenues generated on its platform. The US online gambling industry is growing rapidly.
- 03/15/2021
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GAN Schedules 2020 Fourth Quarter and Full Year Financial Results Conference Call for March 25, 2021
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming and online sports betting industries, today announced that it will release financial results for the fourth quarter and full-year ended December 31, 2020, in its first form 10-K release converting from a foreign private issuer to a U.S. domestic filer, after market close on Thursday, March 25, 2021. The Compa
- 02/17/2021
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GAN Adds the Seneca Gaming Corporation to its Growing List of Simulated Gaming Clients
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming and online sports betting industries, today announced that it has entered into a definitive agreement with the Seneca Gaming Corporation (“SGC” or “Client”) to provide Simulated Gaming solutions to SGC patrons across all properties on both desktop and mobile. The unique solution is powered by GAN's core Simul
- 02/01/2021
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Golden Nugget Is More a Bet on the Jockey Than the Horse
- Tilman Fertitta's appetite for IPOs may not be done. So, do you believe GNOG stock can grow because of, or in spite of, Fertitta?
- 01/28/2021
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Moving Average Crossover Alert: GAN Limited (GAN)
- GAN Limited (GAN) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- 01/26/2021
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GAN Announces Multiple Client Launches in Michigan
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming and online sports betting industries, announced that today is the commencement date for Michigan's internet gambling market and GAN's three related client launches: Churchill Downs, Wynn Resorts, and FanDuel Group. Earlier this week, the Michigan Gaming Control Board approved nine Business-to-Consumer (“B2C”)
- 01/22/2021
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GAN to Participate in Needham Virtual Growth Conference Today
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming and online sports betting industries, today announced that senior management will participate in the 23rd Annual Needham Virtual Growth Conference on Friday, January 15, 2021. The team will be conducting one-on-one and group meetings with investors that attend the conference. All support materials, including
- 01/15/2021
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One Online Gambling Stock Has Jumped by 261% in the Past Year, Others Poised to Follow
- The COVID-19 pandemic absolutely crushed gambling stocks in late March of last year.
- 01/11/2021
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Why Your 2021 Resolution Should Be to Buy More Gambling Stocks
- 2021 might be a great year to bet on gambling stocks.
- 01/09/2021
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Why GAN Limited's Shares Popped 24.8% in December
- Online gambling continued its hot streak in December.
- 01/08/2021
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Gaming stocks jump as N.Y. Gov. Andrew Cuomo proposes online betting legalization
- CNBC's Contessa Brewer reports on how gaming stocks are jumping as New York Governor Andrew Cuomo proposes online betting legalization. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic Turn to CNBC TV for the latest stock market news and analysis.
- 01/07/2021
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Investing 2021: People are rotating out of tech into some other sectors: Portfolio Manager
- Santori Fund Founder and Portfolio Manager Dan Niles weighs in his outlook for the tech sector in 2021 and the social media space after the violence at the Capitol. For 2020 election results please visit: Election results: https://www.yahoo.com/elections Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
- 01/07/2021
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Why DraftKings and GAN Are Jumping Higher Today
- Sports betting could soon get another big outlet.
- 01/06/2021
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GAN Limited Completes Acquisition of Coolbet
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions to the U.S. land-based casino industry, today announced the completion of the Vincent Group p.l.c. (“Coolbet”) acquisition for a total purchase price of €149.1 million (or $175.9 million)1 in cash and stock, as adjusted pursuant to the Share Exchange Agreement. Highlights: Integration of Coolbet's industry-leading, propri
- 01/04/2021
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GAN Limited (GAN) Surges: Stock Moves 5.5% Higher
- GAN Limited (GAN) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
- 12/31/2020
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Online Gambling Caught Fire in 2020
- Casinos were shut down for part of the year but online gambling was the real focus for investors.
- 12/29/2020
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GAN Limited: Powering The Future Of Online Gambling
- The US regulated gambling industry is growing rapidly as more and more states pass legislation, and online gambling is becoming an even more important segment within the industry. GAN Ltd. provides the technology needed for casinos to bring their business online and gives investors a pure-play opportunity to invest in this growing industry.
- 12/21/2020
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GAN Announces Closing of Upsized Follow-on Public Offering and Full Exercise of Underwriter's Option to Purchase Additional Shares
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the closing of its previously announced upsized follow-on underwritten public offering of 7,174,456 ordinary shares, which includes the exercise in full of the underwriter's option to purchase 935,798 ordinary shares, at a price to the public of $15.50 per
- 12/21/2020
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GAN Limited: The Gambler
- GAN Limited is expected to report losses and negative operating cash flows because its administrative expenses are expected to be high until Q1 2021. Its new acquisition, Coolbet, and its plans to expand into new markets like Europe and South America, look promising.
- 12/20/2020
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These Were the 3 Best Sports Betting Stocks of 2020
- Betting online may be the future of sports gambling.
- 12/19/2020
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GAN Announces Pricing of Upsized Follow-on Public Offering
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the pricing of its upsized follow-on underwritten public offering of 6,238,658 shares of its common stock at a price to the public of $15.50 per share. 5,855,158 shares are being sold in the offering by GAN, and 383,500 shares are being sold in the offering
- 12/17/2020
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GAN Announces Launch of Follow-on Public Offering
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the launch of its follow-on public offering of 5,200,000 ordinary shares pursuant to a registration statement filed with the Securities and Exchange Commission (“SEC”). 4,816,500 shares are proposed to be sold in the offering by GAN, and 383,500 shares are
- 12/14/2020
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3 Hot Stock Picks to Play This Compelling Megatrend
- Covid-19 changed the world in a lot of ways. Perhaps most obviously, it accelerated the world's shift into the modern digital era.
- 12/03/2020
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7 Stocks To Watch Ahead Of Michigan Online Sports Betting Legislation
- The Michigan Joint Committee on Administrative Rules is set to bless new regulations Tuesday, which could include online sports betting in the state. What To Know: One year after the state of Michigan legalized sports betting, the state has not allowed online sports betting or iGaming.
- 12/01/2020
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Bragg Gaming: Undiscovered iGaming SaaS Gem Could Be The Next GAN Plc
- Bragg Gaming, a high-growth pure-play B2B iGaming software provider, trades at a huge discount to relevant US and European comps for largely transitory reasons. The removal of an earnout liability, and relisting on the TSX main board and Nasdaq, will remove a large portion of the discount.
- 11/30/2020
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Why GAN Limited Shares Plunged 19% on Tuesday
- Earnings weren't quite what investors expected today.
- 11/17/2020
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GAN Limited's (GAN) CEO Dermot Smurfit on Q3 2020 Results - Earnings Call Transcript
- GAN Limited's (GAN) CEO Dermot Smurfit on Q3 2020 Results - Earnings Call Transcript
- 11/16/2020
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GAN Expands Content Library Through New Partnership with High 5 Games
- IRVINE, Calif.--(BUSINESS WIRE)--GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service primarily to the U.S. land-based casino industry, today announced a new content licensing agreement and partnership with High 5 Games (“High 5” ). The Agreement will bring High 5's award winning content onto GAN's U.S. Real Money Gaming (“RMG”) platform, and brings the total content library GAN offers to over 800 games. High 5 Game
- 11/04/2020
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3 Gambling Stocks to Buy for the iGaming Megatrend
- The iGaming megatrend of the 2020s will spark enormous long-term gains in these hypergrowth, online gambling stocks. The post 3 Gambling Stocks to Buy for the iGaming Megatrend appeared first on InvestorPlace.
- 10/26/2020
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Virios Therapeutics Seeks IPO For Fibromyalgia Pain Treatment
- Virios Therapeutics has filed to raise $34.5 million in an IPO of its common stock. The firm is developing a treatment for fibromyalgia, a nerve pain condition.
- 09/15/2020
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IPO Update: Metacrine Seeks $85 Million U.S. IPO
- Metacrine has filed to raise $85 million in an IPO of its common stock. The firm is developing treatments for NASH, a liver disease whose prevalence is increasing rapidly.
- 09/11/2020
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Adestella Investment Management Q2 2020 Investor Letter
- Adestella Investment Management is a long/short equity investment fund. The firm combines proprietary fundamental research with insights from behavioral finance to exploit market inefficiencies.
- 09/04/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 08/30/2020
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Stocks To Watch: Nvidia, Intel And Zoom Look To Dazzle
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 08/29/2020
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GAN Limited (GAN) CEO Dermot Smurfit on Q2 2020 Results - Earnings Call Transcript
- GAN Limited (NASDAQ:GAN) Q2 2020 Results Earnings Conference Call August 20, 2020, 04:30 PM ET Company Participants Todd McTavish - Chief Legal Officer.
- 08/20/2020
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GAN Announces New Simulated Gaming Client: Route 66 Casino Hotel, New Mexico
- 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 signing of a binding agreement with Laguna Development Corporation ("LDC" or the "Client") to supply its Simulated Gaming software to the Client’s Route 66 Casino property located just outside of Albuquerque, New Mexico, with new services anticipated to launch to customers in Q3 2020.
- 08/19/2020
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Why GAN Limited's Shares Jumped 10.3% on Monday
- What happened Shares of GAN Limited (NASDAQ: GAN) jumped as much as 10.3% in trading Monday after an analyst released a positive note about the company. Shares were still up by 9.1% as of 2:52 p.m. EDT.
- 08/17/2020
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GAN Launches Real Money Internet Gambling in Pennsylvania for Cordish Gaming Group
- 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.
- 08/17/2020
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Why GAN Limited Stock Jumped as Much as 13.5% in Early Trading on Aug. 13
- Shares of online betting facilitator GAN Limited (NASDAQ: GAN) rose sharply at the open on Aug. 13, reaching a gain of around 13.5% by 11 a.m. EDT. While the company didn't release any specific news (it will release second-quarter earnings after the close on Aug. 20), it was involved in the Canaccord Genuity 40th Annual Growth Conference. Notably, the company highlighted in its presentation at the Canaccord Genuity conference that it was able to get one customer (Cordish Group) up and running in just 72 days.
- 08/13/2020
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GAN to Participate in Upcoming Investor Conferences
- 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 that management is scheduled to participate in the following upcoming investor conferences.
- 08/06/2020
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LD Micro-Announces Preliminary List of Presenters for the LD 500.
- LOS ANGELES, CA / ACCESSWIRE / August 5, 2020 / LD Micro today announced the initial list of companies slated to present at the upcoming LD 500, taking place September 1st-4th, 2020, exclusively online.
- 08/05/2020
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GAN Schedules 2020 Second Quarter Financial Results Conference Call for August 20, 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 that it will release financial results for the second quarter and six months ended June 30, 2020, after market close on Thursday, August 20, 2020. The Company will host a conference call to discuss these financial results at 4:30 PM ET that same day.
- 08/05/2020
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GAN Appoints Business Development Executive Marcus Yoder as Senior Vice President of Sales
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the appointment of Marcus Yoder as Senior Vice President of Sales, reporting to Chief Commercial Officer Jeff Berman. His primary responsibilities include sales, services and B2B marketing.
- 08/03/2020
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Alta Fox Opportunities Fund Q2 2020 Quarterly Letter
- Alta Fox Capital is a long/short hedge fund. In 2Q20, the fund decreased 66.7% gross and 60.5% net.
- 07/30/2020
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Symmetry Invest Q2 2020 Newsletter
- Symmetry Invest A / S is an alternative investment association registered with the Danish Financial Supervisory Authority.
- 07/28/2020
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Forager Funds Management Q4 2020 Report
- Forager Funds is a unique Australian asset management company, with ~$280M of funds under management and a focus on long-term investing.
- 07/21/2020
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GAN Provides June 2020 Internet Gambling Market Update for Pennsylvania as Reported by the Pennsylvania Gaming Control Board
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today updated the market following the publication on July 16, 2020, by the Pennsylvania Gaming Control Board ("PGCB") of historical Internet gaming and Internet sports betting financial information for the State of Pennsylvania during the calendar month of June 2020.
- 07/17/2020
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GAN Provides June 2020 Internet Gambling Market Update for New Jersey as Reported by Division of Gaming Enforcement
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today updated the market following the publication on July 14, 2020, by New Jersey’s Division of Gaming Enforcement ("DGE") of historical Internet gaming and Internet sports betting financial information for the State of New Jersey during the calendar month of June 2020.
- 07/15/2020
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GAN Announces Addition to the Russell 2000®, Russell 3000® and Russell Microcap® Indexes
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced that the Company has been added to the Russell 2000®, Russell 3000® and Russell Microcap® Indexes, effective after the U.S. markets open on Monday, June 29, 2020, as part of the 2020 Russell U.S. Indexes reconstitution.
- 06/29/2020
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V&M Premium Portfolio: 2020 Mid-Year Report Card Through Week 26
- The Premium Portfolio is up +14.43% YTD, while the benchmark S&P 500 Index is down -6.86% through June 26th. The Premium Portfolio has beaten the S&P 500 every
- 06/29/2020
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Sifting The World For Russell 2000 Candidates
- Russell 2000 addition candidates - #1: Gan. #2: Security National. #3: Franchise Group.
- 06/22/2020
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The Rally in Penn National Stock Needs to Reverse
- Somewhat incredibly, Penn National Gaming (NASDAQ:PENN) shares have rallied some 29% so far in 2020. Despite a pandemic that has ravaged its business, Penn stock has added about $850 million in equity value through the first five and a half months of the year.Source: Casimiro PT / Shutterstock.com Unsurprisingly, PENN stock is the exception as far as the sector goes. Most casino operators have seen their shares fall sharply year-to-date. The novel coronavirus shut down the industry for much of the second quarter. Capacity limits and nervous customers will pressure results in the second half of the year and potentially beyond.Yet PENN has rallied. The reason why is simple: a potentially transformative acquisition that closed in February. Investors loved the deal at the time, and clearly they still do.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI worry, however, that they love it a little too much. Hopes for sports betting have driven up multiple stocks - but by definition not every operator is going to win in that market. Even those that do may not see quite the explosive growth that some believe. And in the meantime, investors are ignoring very real risks in the business that drives all of Penn's profit right now. * 10 Robotics Stocks on the Technological Cutting EdgeAdmittedly, PENN stock at March lows below $5 was ridiculously cheap. Back at around $33, however, the rally at best seems to have run its course. The Barstool DealClearly, what's driving the optimism in PENN stock is the company's acquisition of a stake in Barstool Sports. Barstool will underpin Penn's branding in sports betting, while its enormous audience should provide an easily accessible base of potential customers.The market loved the acquisition. Penn shares spiked on the news, and kept gaining to a new all-time high. And there are reasons for optimism.After all, sports betting is going to be a big business in the U.S. And it's possible from a long-term perspective that the Covid-19 pandemic proves to be a positive for the market. State-level legalization is required, and more states may be more willing to contemplate legalized sports betting as a way to fix budget holes caused by the pandemic response.The Barstool deal sets up Penn to be a potential leader in that key market. It also allows for cross-selling of online gambling products, where the company has had early success in Pennsylvania.So the deal suggests some value in PENN stock. The question is if an acquisition that cost $163 million, and valued Barstool as a whole at less than $500 million, supports what looks like over $1 billion in outperformance so far in 2020. Challenges in the Legacy BusinessAfter all, shares of other regional casino operators have gone in the wrong direction so far this year. Boyd Gaming (NYSE:BYD) is down 26%. Eldorado Resorts (NASDAQ:ERI) has fallen 31%. The news for Macau-heavy casinos is just as bad, as Las Vegas Sands (NYSE:LVS) has declined 28% and Wynn Resorts (NASDAQ:WYNN) 35%.Across the sector, the market is pricing in significant pressure on land-based casino operators. The impact of closures in March alone cost the industry as a whole billions of dollars. Interest rates, and expense, presumably rise going forward as bond markets price in higher risk.There's the possibility of a macroeconomic impact on visitation and spend. Older customers - the core of any casino's slot business, which provides higher margins than table games - may stay nervous about visiting brick-and-mortar properties for years to come.Penn National is not immune to these challenges. And it's worth remembering that in a negative environment for the sector, PENN stock should underperform, not outperform. Including the leases owned primarily by Gaming & Leisure Properties (NASDAQ:GLPI), a real estate investment trust Penn spun out in 2012, the company has nearly $11 billion in debt. Relative to earnings, it's the most leveraged player in the space at the moment.The optimism toward the Barstool deal ignores all of those challenges. It's still the legacy brick-and-mortar business that is the most important business - and that will be the case going forward as well. That business should have a lower valuation, not a higher one. Yet, again, PENN has added $850 million in market value so far this year. Sports Betting and PENN StockPENN stock has added at least $1 billion in value simply due to investors revaluing its sports betting opportunity post-Barstool. And to some investors, I can see why that makes sense.After all, DraftKings (NASDAQ:DKNG) has a market capitalization pushing $13 billion. Flutter Entertainment (OTCMKTS:PDYPY) stock has marched steadily higher on hopes for its FanDuel unit. And there's one other regional casino operator whose shares have risen in 2020 (if modestly so): Churchill Downs (NASDAQ:CHDN), which can leverage its existing TwinSpires online horse racing platform to acquire customers and provide the technology for sports betting nationwide.But that paragraph alone shows part of the problem here: every stock is rising. The same is true for suppliers, most notably Gan (NASDAQ:GAN), which has rallied more than 700% in a matter of months.These companies can't all win. U.S. sports betting will largely be a zero-sum game. Gains at one operator will be losses for another. Supplier profits come out of casino revenues.Meanwhile, it's far from guaranteed that sports betting will be that big a market. Major states including New York and California remain on the sidelines, and politically dysfunctional enough to see debates last for years on end. Online sports betting has only been legalized in a handful of states; in-person betting is not nearly as profitable.More broadly, sports betting is a much smaller market than casino gambling. It's not a 24/7 pastime. Outside of football, betting demand remains relatively thin. Yet investors in PENN are focusing on the smaller opportunity - and ignoring the bigger problem. If and when that changes, the rally in Penn National stock will be over.Vince Martin has covered the financial industry for close to a decade for InvestorPlace.com and other outlets. He has no positions in any securities mentioned. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post The Rally in Penn National Stock Needs to Reverse appeared first on InvestorPlace.
- 06/19/2020
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GAN Limited (GAN) in Focus: Stock Moves 6% Higher
- GAN Limited (GAN) saw a big move last session, as its shares jumped 6% on the day, amid huge volumes.
- 06/19/2020
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GAN Limited (GAN) CEO Dermot Smurfit on Q1 2020 Results - Earnings Call Transcript
- GAN Limited (NASDAQ:GAN) Q1 2020 Earnings Conference Call June 17, 2020 11:00 AM ET Company Participants Dermot Smurfit - Chief Executive Officer Karen Flores -
- 06/17/2020
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GAN Provides May 2020 Internet Gambling Market Update for Pennsylvania as Reported by the Pennsylvania Gaming Control Board
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today updated the market following the publication on June 16, 2020, by the Pennsylvania Gaming Control Board ("PGCB") of historical Internet gaming and Internet sports betting financial information for the State of Pennsylvania during the calendar month of May 2020.
- 06/17/2020
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GAN Reports First Quarter 2020 Financial Results
- GAN Limited ("GAN" or the "Company") (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 its operating and financial results for the three months ended March 31, 2020.
- 06/16/2020
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GAN Provides May 2020 Internet Gambling Market Update for New Jersey as Reported by Division of Gaming Enforcement
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today updated the market following the publication on June 12, 2020, by New Jersey’s Division of Gaming Enforcement ("DGE") of historical Internet gaming and Internet sports betting financial information for the State of New Jersey during the calendar month of May 2020.
- 06/15/2020
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Here's What GAN Limited's (NASDAQ:GAN) ROCE Can Tell Us
- Today we are going to look at GAN Limited (NASDAQ:GAN) to see whether it might be an attractive investment prospect...
- 06/06/2020
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GAN Schedules 2020 First Quarter Financial Results Conference Call for June 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 that it will release financial results for the first quarter ended March 31, 2020, after market close on Tuesday, June 16, 2020.
- 06/05/2020
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Why GAN Limited's Shares Jumped 18.8% on Monday
- Shares of GAN Limited (NASDAQ: GAN) jumped another 18.8% on Monday as the online gambling platform company continued to attract investor attention. There wasn't any specific news out about GAN Limited today, but there's a drumbeat of potentially positive news from around the U.S. States have not only been moving to open up online gambling, but they seem to have more incentive to do so now that budgets are likely to be under pressure in 2020. Michigan is the latest to accelerate its online gambling hopes, accepting applications for licenses to operate in the state.
- 06/01/2020
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Why GAN Limited's Shares Popped 21.4% on Thursday
- A new partnership in the U.S. has investors hopeful that the online gambling software company's growth will continue.
- 05/28/2020
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PreMarket Prep Stock Of The Day: GAN Limited
- Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.On any given day, the show will cover at least 20 stocks determined by co-hosts Joel Elconin and Dennis Dick along with producer Spencer Israel.For those who don't have the time to tune in live or listen to the podcast, Benzinga will highlight one stock that merits further discussion. This analysis is not a buy or sell recommendation.The IPO market has tapered off during the coronavirus crisis. One exception is GAN Limited (NASDAQ: GAN), which made its debut May 5 and has performed quite well, making it the PreMarket Prep Stock of the Day.About GAN GAN, which is short for GameAccountNetwork, is a business-to-business supplier of internet gambling software-as-a-service solutions, predominantly to the U.S. casino industry.The U.K.-based company's primary product is a proprietary internet gambling enterprise software system, GameSTACK. The product is designed as a solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming and virtual simulated gaming.See Also: 4 Stocks Poised To Breakout With The Return Of Live SportsGAN's Perfect IPO Timing With limited issues coming to the market and the investing world always hungry for IPOs, GAN was the center of attention on May 5. More importantly, the performance of industry peer DraftKings (NASDAQ: DKNG) since its debut as a public company was fresh on investors' minds.On the day prior to GAN's IPO, DraftKings closed at $20.99, which was a 16% gain in a short period of time. It should be noted that DKNG is approaching $40 in Thursday's session.Gan Heads Straight Up From Opening Print Gan has never traded lower than $13. Its initial surge took the issue to nearly $16, but gave investors a few chances to purchase shares under its closing price on day one ($13.51) on May 13 and 14.Earlier in Thursday's session, it reached $20. The stock was trading 11.59% higher at $18.39 at the time of publication Gan Moving Forward Based on the price action of DraftKings, it seems foolish to try and pick a top in the issue. For investors wanting to purchase shares of GAN, it will not be an easy task.It did give investors a second chance after its IPO, so the best idea may be to wait for a couple down days in the issue -- if and when that happens -- to begin accumulating shares.See more from Benzinga * PreMarket Prep Stock Of The Day: AT&T; Inc. * PreMarket Prep Stock Of The Day: Spirit Airlines * PreMarket Prep Stock Of The Day: Expedia Group(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/28/2020
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GAN Announces Cordish Gaming Group as a Major New Client of Internet Gambling in Pennsylvania
- 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 that Cordish Gaming Group, the global gaming division of The Cordish Companies, has engaged GAN as their enterprise software Platform provider to power their new "PlayLive!" branded Internet gambling business in the State of Pennsylvania, complementing the development of two new Live!-branded gaming facilities in Philadelphia and Pittsburgh.
- 05/28/2020
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4 Stocks Poised To Breakout With The Return Of Live Sports
- After months without live sports, it looks as though America's favorite pastimes are on the cusp of returning. Reports indicate the MLB is on pace to return sooner rather than later, while the NHL and NBA have also submitted plans to resume their playoffs this summer.Financially, the resurgence of players in arenas may mean the resurgence of players in the stock market as well. Here are four stocks that may be poised for a breakout with the return of live sports.DraftKingsDraftKings Inc (NASDAQ: DKNG) is new to the market, debuting in early April at around $19. Since then, it's climbed over 70% to $33 a share.Much of the hype surrounding DraftKings has to do with continuous pro-gambling legislation being pushed throughout the country. Given the gambling industry's potentially massive contribution to the government, more and more states are entertaining the possibility of legalizing it.More good news for the online fantasy and gambling app is the new trend for people to gamble on non-sporting events, such as the outcome of TV shows like "The Bachelor."Chris Camillo said DraftKings' potential comes as a result of the exponential growth in legality and popularity of online sports gambling.> "I think you can make a case that most states are going to have legalized sports books in the next five, six, seven years. So this is a movement. This is a major, major movement."Prior to the absence of sports, people were betting on games more than ever. The hiatus likely created an immense desire to get back to the action.Penn National Gaming Penn National Gaming (NASDAQ: PENN) is one of the most interesting stocks in the gaming and entertainment industry.Penn operates both brick-and-mortar and online gambling to a plethora of users. It owns 41 facilities, which comprise 50,500 gaming machines, 1,300 table games and 8,800 hotel rooms. Perhaps the most exciting element of Penn National is its recently-inked partnership with Barstool Sports.Barstool Sports has been a leading sports and men's lifestyle blog and podcasting network over the past few years.The agreement between Penn and Barstool paves the way for Penn to be the operator of a Barstool Sports gambling app. Given Barstool's incredible reach and audience (three top 60 podcasts in the U.S.), the app will surely explode on the scene."Penn's got the bigger growth in the future (as compared to other gaming companies on the market)," Jordan Mclain said on the "Dumb Money LIVE" show. "I think they've got a brand they can capitalize on."See Also: Why Penn National And Boyd Could Outperform As US Casinos ReopenGanGan Ltd (NASDAQ: GAN) is an extremely under-the-radar stock that also operates in the sports gaming space. It IPO'd on May 5 at just over $10. The small-cap stock has since risen above the $15 handle, representing about 50% returns in its first month on the market.Gan's core business centers around a subscription revenue model. Its software allows it to take a piece of the action on every bet or gamble for the gaming companies that it works for. Its most notable client is likely FanDuel, an international competitor to DraftKings.One of the company's more notable elements is that it owns a patent on the ability for a casino that has an offline brick-and-mortar presence with an offline loyalty program to merge that with an online loyalty program.In fact, it won a 2018 court case in which it sued for the wrongful usage of this patent, which has further solidified its viability and credibility.According to Camillo, Gan has the potential to be in the right place at the right time with the return of sports."I see Gan as an asymmetric trade on the imminent growth of legalized app-based sports and casino wagering in the U.S.," Camillo said.> "While most investors in this space are focused on DraftKings, FanDuel, MGM, and the soon to be Barstool Sportsbook by Penn National -- GAN's platform software and services solution along with their leadership experience in the sector position them to come out as the real winner in what is likely to grow into a fragmented market of state-licensed casino and sportsbook brands that are equally technology and process deficient "Gan will be able to leverage this patent to work with casinos in developing the aforementioned online loyalty programs, which could be a huge boost. Investors seem to be taking notice of this, along with the general rise of the gambling industry in general, as good signs for Gan.Walt Disney CoDisney (NYSE: DIS), like most of the market, suffered a significant drop in share valuation as a result of the coronavirus pandemic. The stock has dropped roughly 15% in price since the end of February, when it hovered just over the $140 handle.With the resurgence of sports back on the scene in the coming weeks and months, it's plausible to expect the viewership of ESPN to surge. The channel owns rights to multiple NBA and MLB games per week.ESPN's typical programming, which comprises mostly talk shows, will finally be able to recap highlights and statistics from the previous day once again after months of having to cover general topics and trends, such as the NFL's new collective bargaining agreement.Camillo mentioned on the "Dumb Money LIVE" show that Disney looks like a safe play with the return of sports."It's gonna be a net positive for Disney. It's kind of undebatable...I'm comfortable with my Disney position for the long term," he said.See more from Benzinga * These 10 Stocks Have Surged During The Coronavirus Pandemic(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/27/2020
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GAN Provides April 2020 Internet Gambling Market Update For Pennsylvania as Reported by the Pennsylvania Gaming Control Board
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today updated the market following the publication on May 18, 2020, by the Pennsylvania Gaming Control Board ("PGCB") of Internet gaming and Internet sports betting financial information for the State of Pennsylvania during the calendar month of April 2020.
- 05/19/2020
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GAN Reports April 2020 Internet Gambling Growth For New Jersey
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today updated the market following the publication on May 13, 2020, by New Jersey’s Division of Gaming Enforcement ("DGE") of Internet gaming and Internet sports betting financial information for the calendar month of April 2020 in New Jersey.
- 05/14/2020
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GAN Limited Announces Closing of IPO and Full Exercise of Underwriters’ Option to Purchase Additional Shares
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the closing of its previously announced upsized initial public offering of 7,337,000 ordinary shares, which includes the exercise in full of the underwriters’ option to purchase 957,000 ordinary shares, at a price to the public of $8.50 per share. All of the ordinary shares were sold by GAN. The gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by GAN, were approximately $62.4 million. The ordinary shares of GAN began trading on The Nasdaq Capital Market on May 5, 2020, under the symbol "GAN."
- 05/07/2020
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GAN Limited to Ring the Nasdaq Stock Market Opening Bell in Celebration of its U.S. Initial Public Offering
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the Company’s CEO Mr. Dermot S. Smurfit will ring the opening bell of the Nasdaq Stock Market on Thursday, May 7, 2020, at 9:30 a.m. ET to commemorate the Company’s recent IPO and Nasdaq listing.
- 05/07/2020
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GAN Limited Announces Pricing of its Upsized U.S. Initial Public Offering
- GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading business-to-business supplier of internet gambling software-as-a-service solutions primarily to the US land-based casino industry, today announced the pricing of its upsized initial public offering of 6,380,000 ordinary shares at a price to the public of $8.50 per share. All of the ordinary shares are being offered by GAN. In addition, GAN has granted the underwriters a 30-day option to purchase up to 957,000 additional ordinary shares at the initial public offering price, less the underwriting discounts and commissions. GAN has received approval to list its ordinary shares on The Nasdaq Capital Market, with trading expected to begin on May 5, 2020 under the symbol "GAN."
- 05/05/2020
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What I'm Buying Now - Part 2
- I am still looking for idiosyncratic longs in this environment that can outperform even a tough bear market. I'm looking for performance on a mid-term (1-3 year
- 04/12/2020
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