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GAN revenue drops to $7.7m in first quarter

17th June 2020 11:03 am GMT
GAN

New York-listed iGaming supplier GAN has reported a 20 per cent fall in revenue to $7.7m for the first quarter of 2020.

The company attributed the fall in revenue to the inclusion of $4.9m from hardware sales and the licensing of GAN’s US patent in the comparable period a year ago, without which revenue would have climbed 64 per cent, comprising real-money iGaming revenue of $6.3m and Simulated Gaming revenue of $1.4m.

The bulk of GAN’s Q1 [...]

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