New York-listed gaming supplier and operator GAN narrowed net loss by 20 per cent in the third quarter, despite a flat revenue performance.
Revenue in the third quarter of 2022 amounted to $32.12m, compared to $32.27m a year ago, with growth in B2B revenue once again offset by lower revenue in B2C.
GAN’s B2B revenue climbed 13.5 per cent year-on-year to $12.69m, while B2C revenue from Coolbet fell by 8 per cent to $19.44m.
Coolbet recorded a 31 [...]