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GAN on the rise ? . (GAN )     

VICTIM - 26 Aug 2016 09:44

This little Co is looking better now they are getting more and more deals , latest news is plans to introduce Online Gaming in Europe and Asia . Dermot Desmond has just got onboard , he was Betdaq owner til sold to Ladbrokes . He is a major shareholder in Ladbrokes .

HARRYCAT - 18 Sep 2018 18:15 - 41 of 53

Chart.aspx?Provider=EODIntra&Code=GAN&Si


Trading Statement & Notice of Results
London & Dublin - GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gambling software and services in the United States and Europe, today provides an update on trading for the half-year ended June 30, 2018.

GAN performed in line with market expectations during the first half of 2018.

The outlook for the second half year period and full calendar year 2018 is contingent on (a) the market size, share and growth rate of Internet sports gambling in New Jersey; (b) the timing with which Pennsylvania's regulator the Pennsylvania Gaming Control Board ("PGCB") permits the launch of Internet real money gambling for residents of the State of Pennsylvania; and (c) the speed with which efficient marketing of the Overseas Internet Casino is conducted in European regulated markets by GAN.

By way of outlook on 2019, the recent launch of Internet sports betting, the Company's current sales pipeline and existing contracted clients are projected to propel GAN to record revenues, revenue growth, and EBITDA.

GAN is due to release its half year result for the period ended 30 June 2018 on September 28, 2018.

HARRYCAT - 26 Sep 2018 09:39 - 42 of 53

GAN plc ("GAN" or the "Company") a leading B2B supplier of Internet gambling enterprise software-as-a-service solutions to the US land-based casino Industry, today announced that it will release its interim financial results for the first-half of the 2018 year ending June 30, 2018 on Friday 28th September 2018 at 07:00 a.m. UK time.

VICTIM - 26 Sep 2018 13:27 - 43 of 53

Conference call at 11.00 am , live on Friday will try to watch that .

VICTIM - 28 Sep 2018 08:05 - 44 of 53

The interim's are out on the Co site but looked over and over on here , but can't see them .

HARRYCAT - 28 Sep 2018 09:40 - 45 of 53

StockMarketWire.com
Internet gaming company GAN said Friday first-half performance was in-line with market expectations.

The outlook for the second half of the year would depend on the market size, share and growth rate of Internet sports gambling in New Jersey, and how quickly the Pennsylvania Gaming Control Board permitted the launch of Internet real money gambling for local state residents.

Following recent legislative banning advertising of gambling in Italy, the company said that Italian internet gambling operators supported by significant retail operations were 'not expected to be materially impacted by the ban on advertising and may benefit from reduced competition from Internet-only operators.'

Operational marketing of the overseas internet casino in Europe had commenced on September 12, the company said.

As of June 30, GAN operated simulated gaming for 13 major US casinos coast-to-coast, representing in excess of $8bn in annual land-based gaming revenues.

http://www.moneyam.com/action/news/showArticle?id=6146611

HARRYCAT - 20 Nov 2018 09:52 - 46 of 53

Trading at Record Levels in Q3, driven by Strong Growth in US Sports Betting
London & Dublin ng developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today announced the release of quarterly key performance indicators for the second and third quarters of 2018, highlighting continued strong momentum with the Company trading at record levels in Q3 2018.

Today's update allows the US and global institutional investment community to properly track progress of GAN's diverse business on a quarterly basis.

Key Performance Indicators for Q4 2018 will be released in January 2019.

Second Quarter 2018 & Third Quarter 2018 Highlights
· +11.3% Quarter-on-Quarter increase in Gross Operator Revenue in Q3 2018 over Q2 2018 to $26.7M reflecting strong growth in real money regulated gambling in both Italy and New Jersey

· +8.6% Quarter-on-Quarter growth in Active Player-Days in Q3 2018 over Q2 2018 to 3,402,065 Active Player-Days

· Significant growth experienced in New Jersey during Q3 2018 driven by the launch of GAN's second New Jersey client Ocean Resort Casino and the commencement of regulated Internet Sports betting

· July 10, 2018 the Company launched Ocean Resort Casino's real money Internet gaming website (www.OceanOnlineCasino.com) together with a counterpart Simulated Gaming website (www.OceanSocialCasino.com)

· September 1, 2018 the Company launched regulated Internet sports betting for client PaddyPower Betfair plc's enlarged US business 'FanDuel Group' (http://sportsbook.FanDuel.com)

· September 12, 2018 the Company launched digital user acquisition & retention marketing in support of the Overseas Internet Casino (www.WinStar.com) provided by GAN's Digital Marketing Agency in Tel Aviv, Israel

Management Commentary

Dermot Smurfit, CEO of GAN commented:
"GAN traded at record levels during these past two quarters with significant growth in Q3 driven by the launch of our second New Jersey client of regulated gaming accelerated by the first month of US Internet sports betting in September. The new Key Performance Indicator 'Gross Operator Revenue' identifies the GAN-enabled revenues delivered to our clients operating their Simulated Gaming and/or Regulated Gambling business on our technology Platform, in which GAN participates."

HARRYCAT - 26 Nov 2018 11:31 - 47 of 53

StockMarketWire.com
Gambling group GAN launched Monday Internet gaming content for Italian sports betting & casino gaming operator Goldbet in Italy.

GAN had now integrated its platform in Italy and launched internet gaming content for Goldbet, the company said.

Goldbet operated a substantial network of more than 900 retail gambling shops accounting for approximately 3% market share of Internet casino gaming in Italy, it added.

GAN delivered more than 500 high-quality casino slots, table games and non-traditional games in Italy to nine Italian operators, who together represented more than 45% of Italy's total Internet casino gaming market by gross gaming revenue, the company said.

Strong growth in the region resulted in revenues from Italy growing to £1.7m during the first half of 2018, accounting for just under 40% of GAN's net revenues.

This latest launch further strengthened GAN's position as the country's independent Internet gambling software and services provider, GAN said.

'GAN continues to win major clients in Italy by delivering an increasing number of high quality Internet casino games to our Italian clients, carefully procured from independent casino game design studios worldwide as well as major land-based casino equipment manufacturers, said Dermot Smurfit, CEO of GAN.

'GAN's distribution reach now extends to nearly half of the regulated Italian Internet casino gaming market: We very much welcome the launch of Goldbet as our ninth operator client in Italy.'

HARRYCAT - 13 Dec 2018 09:48 - 48 of 53

London & Dublin -13 December, 2018: GAN plc ("GAN" or the "Company"), an award-winning developer and supplier of enterprise-level B2B Internet gaming software, services and online gaming content in the United States, today updated the market following the publication on December 12, 2018 by the New Jersey's Division of Gaming Enforcement ("DGE") of Internet gaming and Internet sports betting financial information for the calendar month of November 2018 in New Jersey.

Highlights from the DGE include:
· Internet Gaming Win was $26.9 million in November compared to $20.6 million in the prior year period, reflecting a year-over-year increase of 30.7%.

· Total Internet Sports Wagering Handle(1) was approximately $238.6 million for the month of November 2018, an increase of 36.8% from $174.4 million in October 2018.

· Sports Wagering Gross Revenues(2) (after payouts) were $21.2 million, compared to October's $11.7 million, for a month-over-month increase of 81.2%.

https://www.moneyam.com/action/news/showArticle?id=6242987

HARRYCAT - 21 Dec 2018 07:57 - 49 of 53

London & Dublin - SYNOT win with a contract value in excess of £400,000 ($500,000).

SYNOT is a major manufacturer of physical gaming machines and designer of diverse gaming software, with gaming business activities across Europe, Asia and Africa. Under the terms, GAN will distribute six SYNOT-designed premium casino games, including their flagship slot title, "Alchemist's Gold", to the US market through GAN's proprietary 'GameSTACK' Internet Gambling Platform (IGS). The multi-year deal includes paid-for development fees and ongoing revenue-share participation throughout the term. All games are expected to be launched and fully functional by the end of 2019 and will be released as both Simulated Gaming and Real Money Gaming titles contingent on US regulatory State laws.

Dermot Smurfit, CEO of GAN commented:
"We are excited to begin working with SYNOT and look forward to bringing their successful European slot titles to select US markets. The deal solidifies GAN's US market position as a viable route for international and domestic gaming companies to gain immediate access to the new and fast-growing regulated US online gaming market. We expect full US-integration of all 6 SYNOT titles to be completed by the end of 2019 and expect material impacts to GAN's 2019 EBITDA and revenue in the same period."

HARRYCAT - 10 Jan 2019 10:23 - 50 of 53

London & Dublin, GAN today announced the signing of a material long-term deal with the FanDuel Group ("FDG") to be FDG's Platform for rapid deployment of Internet casino, and account services for Internet sports betting in Pennsylvania (pop. 13M) and West Virginia (pop. 1.8M), in addition to the existing services provided since 2013 by GAN to FDG in the State of New Jersey (pop. 9M).

This expanded contract represents a material increase in the value of the partnership to GAN across revenue share, professional services and patent licensing fees.

As part of the contract expansion FDG has agreed to license GAN's US Patent. GAN's patented technology allows land-based casino patrons enrolled in on-property loyalty programs to link existing loyalty cards to Internet gambling accounts and receive loyalty points in exchange for online gambling. Linking of patrons' loyalty cards is proven to greatly enhance online engagement by US casino patrons as well as substantially increasing lifetime value realized online through increased monetization and retention. Management believes that the recognition of GAN's US Patent significantly underpins GAN's intangible asset value and could potentially lead to further client partnerships and US Patent licensing revenue opportunities

HARRYCAT - 15 Jan 2019 09:54 - 51 of 53

London & Dublin - January 15, 2019: GAN plc today updated the market following the publication on January 14, 2019 by the New Jersey's Division of Gaming Enforcement ("DGE") of Internet gaming and Internet sports betting financial information for the calendar month of December 2018 in New Jersey.

Highlights from the DGE include:
· Internet Gaming Win was $29.0 million in December compared to $20.8 million in the prior year period, reflecting a year-over-year increase of 39.7%.

· Total Internet Sports Wagering Handle (1) was approximately $241.0 million for the month of December 2018, an increase from $238.6 million in November 2018 and $174.4 million in October 2018.

· Sports Wagering Gross Revenues (2) (after payouts) were $20.8 million, compared to November's $21.2 million and October's $11.7 million.

HARRYCAT - 17 Jan 2019 10:59 - 52 of 53

GAN Reports Q4 2018 Key Performance Indicators Highlighted by 103.9% Growth in Gross Operator Revenue

London & Dublin - January 17, 2019: GAN today announced the release of quarterly key performance indicators for the fourth quarter of 2018, highlighting exceptionally strong momentum with all business units of the Company (Real-Money Gaming, Simulated Gaming, Online Sports Betting) operating at record levels in Q4 2018.
Dermot Smurfit, CEO of GAN commented:
"Internet Sports betting in New Jersey drove exceptional growth of Gross Operator Revenue in the last quarter of 2018 with a significant positive impact on Casino revenues from cross-selling casino games to sports gamblers."

https://www.moneyam.com/action/news/showArticle?id=6280738

HARRYCAT - 25 Jan 2019 09:54 - 53 of 53

StockMarketWire.com
Gambling services company Gan said Friday it expected annual results to top market expectation following 'rapid' growth in its real money internet gambling segment.

Trading for 2018 was expected to be ahead of market expectations with revenue between £10.5M to £11.3M versus £9.1M for 2017, the company said. 'This result was primarily driven by real money Internet gambling which increased H2 2018 revenue by more than 40% over H1 2018.'

The company achieved high quality recurring revenues represented approximately 85% of total revenue for the period, with almost two thirds originating from the US -- the company's key geographic market.

Earnings (EBITDA) losses for the year were expected to be between £1.0M and £1.5M, due to 'continued investment in technical development resources throughout H2 2018 to enable the successful launch of the new Internet gambling services for clients in West Virginia, Pennsylvania, and New Jersey in H1 2019,' the company added.

But earnings would improve in the upcoming year, the company said.

Management Commentary

Dermot Smurfit, CEO of GAN commented:
"We are delighted with our performance in 2018, which sets us up for strong growth in our business in 2019. Our intellectual property and technical expertise put us at the forefront of the internet sports betting and casino gaming market as demonstrated by our strong client base. Our recent contract announcements and expectation for further legislation to pass in new States in the US means that 2019 is set to be a very exciting year.

"We exceeded market expectations for revenue growth in 2018, having successfully launched Internet Sports betting in New Jersey. Our successful £7.5 million fund raising has enabled us to rapidly deliver for our clients and repay £2M in short term debt. Going into 2019, we are strategically well placed to deliver profitable growth in 2019."
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