| Share Name |
Share Symbol |
Market |
Type |
Share ISIN |
Share Description |
| Gan Plc |
LSE:GAN |
London |
Ordinary Share |
GB00BGCC6189 |
ORD 1P |
| |
Price Change |
% Change |
Share Price |
Shares Traded |
Last Trade |
| |
0.00 |
0.0% |
225.00 |
0.00 |
01:00:00 |
| Bid Price |
Offer Price |
High Price |
Low Price |
Open Price |
|
|
|
|
|
|
| Industry Sector |
Turnover (m) |
Profit (m) |
EPS - Basic |
PE Ratio |
Market Cap (m) |
|
Travel & Leisure
|
10.57
|
-6.69
|
-7.67
|
|
191
|
| Last Trade Time |
Trade Type |
Trade Size |
Trade Price |
Currency |
| - |
O |
0 |
225.00 |
GBX |
Real-Time news about Gan Plc (London Stock Exchange): 0 recent articles
| Trade Time |
Trade Price |
Trade Size |
Trade Value |
Trade Type |
No Trades
| Date | Subject |
|---|
18/10/2021
07:25 | rivaldo: Further bullish commentary:
Https://seekingalpha.com/news/3753271-gan-limited-rallies-after-strong-revenue-outlook?utm_source=advfn.com&utm_medium=referral
"GAN Limited rallies after strong revenue outlook
Oct. 15, 2021
GAN Limited (GAN +4.8%) is the biggest gainer in the casino/iGaming/sports betting sector after setting aggressive goals at an investor event today.
Analysts are impressed in their first look at the GAN update.
"Net, shares just became 'cheaper,' driven by company-specific drivers/catalysts as well as continued visible online gaming TAM growth, in our view," says B. Riley Financial analyst David Bain. B. Riley keeps a Buy rating on GAN.
Jefferies also has a Buy rating on GAN. "The meaningfully higher than expected revenue targets, coupled with Mgt's focus on its competitive positioning and growth drivers outlined in the initial release and expected in the analyst meeting, should prove to be positive for the shares," updates analyst David Katz."
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15/10/2021
14:43 | rivaldo: Cheers mip55. Nicely ambitious targets! If they get there from the $35m revenues in 2020 then the current share price will be left in the dust:
Financial Targets
2023 Revenue $225-250 million
2026 Revenue $500-600 million
Long-Term Adj. EBITDA Margin 30-35%
"The highlights of the presentation include:
North American B2B demand is strong. The Company is investing in talent and technology in preparation for a multi-year period of new launches and demand, including GAN’s recent opening of a new office in Miami, Florida.
New B2B product offerings such as GAN Sports and Super RGS will enable GAN to capture more of the value chain, increase take rate and present the opportunity to service the entire spectrum of operator customers.
The Company’s B2C growth has exceeded internal expectations and remains strong. The business is very well positioned for early stages of secular growth in exciting new markets within Latin America.
GAN's B2B technology is increasingly scarce, proven, costly to replicate, and extremely complex. The solutions have been optimized through iterative launches and improvements over the past several years which offers a unique advantage over operators considering bringing the technology in-house.
The Company is targeting 2023 projected revenue of $225-$250 million and confirmed its long-term target to exceed $500 million, which it believes can be achieved by 2026 (compared to $35 million in 2020). GAN also is targeting a long-term annualized adjusted EBITDA margin to range between 30-35% as the business achieves scale."
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12/10/2021
21:37 | busterdog2: And this should be interesting on Friday.
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 will be accessible for approximately 90 days on the Company's website. The presentation is open to all interested parties.
GAN’s executive management team will also hold a Question & Answer session. If you have any questions for the management team, please submit them to rshore@GAN.com or GAN@alpha-ir.com before or during the event.
Live Webcast Stream Details
Date/Time: Friday, October 15, 2021, at 11:00 AM EDT
Webcast: https://www.webcast-eqs.com/gan20211004
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12/10/2021
21:24 | busterdog2: GAN’s Technology Platform Now Helping to Deliver FanDuel iGaming in Connecticut
October 12, 2021
FanDuel-branded Internet casino launched on ‘Day One’ of Connecticut online market commencement
Irvine, California | October 12, 2021: 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 it is partnering to operate FanDuel’s online casinos in Connecticut. FanDuel is one of just three approved operators of online casino in Connecticut serving a population of 3.6 million residents.
The partnership builds upon GAN’s longstanding relationship with FanDuel, now leveraging GAN’s iGaming platform technology across five U.S. States including New Jersey, Pennsylvania, Michigan, West Virginia and now Connecticut. The Company is pleased to support FanDuel and have them operational on Day One of the Connecticut iGaming market
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17/8/2021
23:23 | daveme: Someone's a fan:-
hTTps://www.youtube.com/watch?v=jlaW8bll4OY
[Courtesy of 4STRING4LIFE on Stocktwits].
I'm not sure he is fully conversant with the company, however he did make a good point about the current share price in that it is less than the opening price when GAN first came to the NASDAQ last year which is ridiculous since GAN is definitely a much better proposition now than it was then.
If I had any available funds I would definitely be taking advantage of the current share price.
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02/8/2021
13:51 | libertine: 3 Small-Cap Stocks Set to Sizzle While Robinhood Fizzles
Thomas Yeung
Fri, July 30, 2021, 7:59 PM
3 Attention Economy Stocks to Buy for Revenge on Robinhood: GAN Limited (GAN)
DraftKings and FanDuel certainly pleased investors with their Q1 numbers. But what about investors looking for 20x gains? You would need to look at far smaller companies to realize such big profits.
Enter GAN Limited (NASDAQ:GAN), a $680 million market cap B2B business that runs the technology behind online sports. It’s a company to watch for two key reasons.
First, this company has quietly become one of the largest online gaming platforms in America. Gross operator revenue jumped 73% to $545 million in 2020.
Second, GAN operates a revenue-share business. So when its customers make more money off sports betting, so does GAN.
There are some risks. 42% of GAN’s revenues currently come from FanDuel, a reflection of industry concentration. And challenges in execution remain — the company remains an unprofitable startup in a rapidly-growing industry.
But analysts agree: online betting is fast approaching a tipping point. They expect GAN’s revenues to rise by nearly 20% and its EBITDA (earnings before interest, taxes, depreciation and amortization) profits to quadruple to almost $40 million by 2023. With more legalized sports betting on the way, it’s hard to ignore this regulatory play.
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28/7/2021
13:03 | epicsurf: Good spot mylands
Addition of Treasure Island marks GAN’s first partner located on the iconic Las Vegas Strip
Irvine, California | July 28, 2021: 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 entered into a binding term sheet with Treasure Island Hotel & Casino (“Treasure Island”) to develop a customized simulated gaming solution designed for Treasure Island’s patrons and available across desktop and mobile applications, integrated with Treasure Island’s retail casino rewards program. The customized simulated gaming solution will be powered by GAN’s core GameSTACK™ enterprise software system that today offers more than five hundred high-quality online simulated games, many of them recognizable by patrons from retail gaming floors. Treasure Island represents GAN’s eighteenth B2B client of simulated gaming, and fifth new B2B client win year-to-date. First launched online in 2014, GAN’s simulated gaming solution now serves patrons of 101 retail casino properties coast-to-coast in the U.S.
For B2B retail casino operator clients, simulated gaming generates additional high-margin revenue from retail casino clients’ existing patron databases, enables the retail casino property to engage with their retail patrons, through an authentic internet and mobile social gaming experience, even in states where legislation allowing licensed real money iGaming is yet to arrive. The unique software provides meaningful marketing, brand building, and revenue opportunities for both operators and GAN, and has proved to increase visitation to the retail casino clients’ property. Strategically, simulated gaming also offers U.S. retail casino operators the ability to build an online database before the commencement of intra-state regulated real money Internet gaming.
Treasure Island features over 2,800 newly renovated hotel rooms and over 85,000 square feet of live casino gaming conveniently located on the iconic Las Vegas Strip. GAN was selected to develop a custom solution to bring a more robust experience to Treasure Island’s players. GAN will be launching a state-of-the-art, integrated simulated gaming platform on behalf of Treasure Island across both desktop and mobile applications, and supplying both marketing and front-line customer service for users. As part of the arrangement, GAN will also be launching the Company’s latest technology, which offers a new application framework and desktop template including loyalty linking the property’s robust retail player database. The mobile application will be compatible with both Apple and Android devices.
Marcus Yoder, Senior Vice President of Sales of GAN, commented:
“Our Simulated Gaming technology and software continues to demonstrate its industry-leading position, and our premier list of partners is growing as a result. We are very excited to partner with Treasure Island – a premier asset located on the Las Vegas Strip. Players and guests have been patronizing the iconic property for nearly 30 years, and we are thrilled to offer those players and guests new ways to engage and play with Treasure Island. We are proud to be selected as their trusted partner to improve their player experience. We look forward to developing a customized solution for Treasure Island and the continued growth of our Simulated Gaming offering.”
Pascal Tang, Director of Slot Marketing of Treasure Island Hotel & Casino, commented:
“With the world of gaming always evolving, players around the globe are constantly searching for new and exciting ways to stay engaged with their favorite games, brands, and casinos. With that in mind, it was clear to us that the digital space will become more and more important in the future. Therefore, we are excited to partner with GAN, a proven B2B operator with a customizable and tailored technology solution, in order to continue to drive player loyalty, brand awareness, and new revenue opportunities.”;
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25/5/2021
09:44 | rivaldo: B.Riley say Buy with a $26 price target:
Https://seekingalpha.com/news/3699405-gan-limited-rallies-after-michigan-deal-positive-b-riley-update?utm_source=advfn.com&utm_medium=referral
"GAN Limited rallies after Michigan deal, positive B. Riley update
May 24, 2021 8:41 AM ETGAN Limited (GAN)By: Clark Schultz, SA News Editor5 Comments
GAN Limited (NASDAQ:GAN) trades higher after adding a fourth casino client in Michigan via a new deal with the Saginaw Chippewa Indian Tribe of Michigan. The company expects to nab a "fair share" of the Michigan market through the Soaring Eagle Casino & Resort deal.
GAN also received some positive attention today from B. Riley, which transferred coverage to analyst David Bain.
Bain notes that GAN is leveraged to iGaming and online sports wagering total addressable market increases. He also values the recent Ainsworth deal at $2 to $6 per share.
B. Riley has a Buy rating on GAN and price target of $26."
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24/5/2021
15:41 | rivaldo: Cheers mylands and daveme - here's the link to the new casino win:
Https://www.businesswire.com/news/home/20210524005180/en/GAN-Announces-Addition-of-Soaring-Eagle-Casino-Resort-as-Its-Fourth-Client-in-the-State-of-Michigan
"Dermot Smurfit, Chief Executive Officer of GAN, noted:
“We are thankful for Soaring Eagle’s confidence in our B2B platform offering and the opportunity to partner together. We look forward to powering the Soaring Eagle brand in Michigan with our highly optimized technology platform and enabling them to efficiently attract loyal sports betting and iGaming players. The Michigan market is off to a great start with expectations that it will surpass $1 billion in gross operator revenue in its first twelve months of operations. Given Soaring Eagle’s strong brand, sizeable database and experience, we expect them to capture their fair share when they launch this fall.”
David Charles, Chief Operating Officer of Soaring Eagle, added:
“We are excited to leverage GAN’s proven Michigan platform capability and expertise to introduce an exciting online casino and sportsbook, which will allow us a new way to engage with our patrons. GAN has a proven solution and has demonstrated their ability to bring their platform to market quickly in Michigan. We look forward to collaborating with the team at GAN and our shared future together.”
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27/4/2021
12:06 | rivaldo: Hopefully this news will get things moving nicely today - here's the Business Wire link:
Https://uk.advfn.com/stock-market/NASDAQ/GAN/share-news/GAN-s-Technology-Solution-Now-Powering-Real-Money/84915902
"GAN’s Technology Solution Now Powering Real Money Gaming for Churchill Downs Incorporated Across Five States on Single App ...
26/04/2021 9:05pm
Business Wire
Successfully transitions Pennsylvania & Indiana onto platform, while concurrently launching mobile sports betting in Colorado
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 a successful multi-state transition onto its platform for Churchill Downs Incorporated’s TwinSpires branded sports betting and iGaming operations in Pennsylvania and sports betting operations in Indiana. Additionally, GAN launched inaugural mobile sports betting operations for TwinSpires in Colorado, which, when coupled with the previously launched solutions in Michigan and Tennessee, brings the GAN-powered TwinSpires brand to five total states. This provides for TwinSpires to leverage its strong brand across horse racing and sports customers in advance of the upcoming 147th running of the Kentucky Derby on May 1st.
Following the migration onto GAN’s technology platform the company is pleased to support TwinSpires Sportsbook in Michigan, Colorado, Tennessee, Pennsylvania and Indiana with its leading player account management platform, in addition to powering TwinSpires’ Casino offering in Pennsylvania and Michigan. Both online casino and sports customers will be able to enjoy an uninterrupted playing experience with any product, in any state, on a single app leveraging GAN’s proprietary technology operating framework."
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Gan share price data is direct from the London Stock Exchange
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