Login/Register
Red Tiger
Red Tiger
BetConstruct
Aspire Global

GAN swings to loss despite 2020 revenue growth

26th March 2021 9:40 am GMT
GAN

New York-listed gaming technology provider GAN has reported a 17 per cent increase in revenue to $35.2m in 2020, with higher costs resulting in a loss of $20.2m for the year.

The year-on-year revenue growth was driven by an improvement in recurring revenue-oriented services including its B2B real-money gaming business and Simulated Gaming revenue, which increased 6 per cent and 66 per cent respectively to $25.6m and $9.5m.

In 2020, $0.3m of B2C revenue was recognized compared [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Digitain
Skywind
BTObet
Relax Gaming
Greentube

Featured Jobs

Reporter, Gaming Intelligence
  • Position: Reporter
  • Location: Remote
  • Company: Gaming Intelligence
Multimedia Editor, Gaming Intelligence
  • Position: Multimedia Editor
  • Location: Remote
  • Company: Gaming Intelligence
Editorial Internship, Gaming Intelligence
  • Position: Editorial Internship
  • Location: Remote
  • Company: Gaming Intelligence
Fast Track
Aspire Global