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GAN Limited Ordinary Shares - GAN STOCK NEWS

Welcome to our dedicated page for GAN Ordinary Shares news (Ticker: GAN), a resource for investors and traders seeking the latest updates and insights on GAN Ordinary Shares stock.

GAN Limited (Symbol: GAN) is a premier provider of Software-as-a-Service (SaaS) solutions designed for the online casino gaming and sports betting industry. With over thirteen years of experience in the sector, GAN Limited has established itself as a trusted partner for market-leading casino operations and top-tier content development houses.

GAN operates through two primary segments: B2B and B2C. The B2B segment is renowned for its development, marketing, and sale of the GameSTACK, GAN Sports, and iSight Back Office technologies. These platforms offer comprehensive tools for player registration, account funding, and back-office management, enabling casino operators to confidently expand their online presence in jurisdictions that permit online real money gaming.

The B2C segment, which encompasses the operations of Coolbet, specializes in providing a robust online sports betting and casino platform. Coolbet’s offerings are accessible through its website and cater to markets across Northern Europe, Latin America, and Canada. This segment focuses on delivering an engaging and seamless user experience for individual players.

Some of GAN’s prominent simulated gaming social casino partners include Maryland Live!, American Casino and Entertainment Properties, The Borgata Hotel Casino & Spa, San Manuel Indian Bingo and Casino, Empire City Casino, and Parx Casino. These partnerships highlight GAN’s capability to deliver tailored solutions that meet the specific needs of its clients.

Recent achievements for GAN include the continuous enhancement of their GameSTACK platform, which has seen substantial adoption by leading casino operators. The company is also actively working on expanding its reach within the regulated online real money gaming markets.

GAN Limited's financial health remains strong, with consistent revenue growth and strategic partnerships driving its market position. As a forward-thinking company, GAN continues to innovate, ensuring that it meets the evolving demands of the online gaming industry.

News

GAN Reminds Shareholders to Vote in the Upcoming Special Shareholder Meeting

Rhea-AI Summary
GAN Limited urges shareholders to vote in favor of the merger with Sega Sammy Creation, Inc. The meeting is scheduled for February 13, 2024, and shareholders can vote via proxy. If approved, the merger is expected to close in 2024 or early 2025, leading to GAN's delisting from Nasdaq.
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GAN Files Definitive Proxy Statement and Will Hold Special Meeting of Shareholders to Vote on Merger With Affiliate of SEGA SAMMY HOLDINGS, INC.

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GAN Limited (NASDAQ: GAN) will hold a Special Meeting of Shareholders on February 13, 2024, to vote on the proposed merger with a subsidiary of SEGA SAMMY CREATION INC., an affiliate of SEGA SAMMY HOLDINGS, INC. The meeting will take place in a virtual format via live audio webcast. Shareholders of record as of January 2, 2024, and shareholders holding a legal proxy for the meeting are eligible to vote. Shareholders are encouraged to vote and submit proxies as early as possible.
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GAN Announces Launch of GAN Sports with Red Rock Resorts, Inc. under the STN Sports Brand

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GAN Limited (NASDAQ: GAN) announced that Red Rock Resorts, Inc. has commenced field trials of GAN Sports under the STN Sports brand at all properties of Station Casinos LLC. The platform's utilization of a single wallet for race and sports allows players the ease and convenience of an accessible central location for their playing experience. Following successful field trials, Station Casinos plans to integrate an all-new kiosk system for funding, placing wagers, and for the introduction of the 'Bring-Your-Own-Device' that allows bettors to build out their ultimate bet in the app and scan it at the kiosk to activate the bet.
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GAN Announces Changes to its Board of Directors

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GAN Limited (NASDAQ: GAN) announces changes to its Board of Directors and accompanying committees, with Seamus McGill stepping down as Chairman of the Board, David Goldberg assuming the role of Chairman, and David D. Ross being appointed to the Board of Directors. Michael Smurfit will step down from the Board of Directors at year end.
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GAN Announces Definitive Agreement to be Acquired by SEGA SAMMY CREATION

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GAN Limited (NASDAQ: GAN) has entered into a definitive Agreement and Plan of Merger with Sega Sammy Creation Inc., offering a premium of 121% over the closing price of GAN’s ordinary shares. The all-cash transaction is subject to approval by GAN shareholders and various regulatory authorities.
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GAN Receives Regulatory Approval from the Nevada Gaming Commission

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GAN receives regulatory approval from Nevada Gaming Commission to commence operations in Nevada.
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GAN Announces Leadership Transition

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Seamus McGill appointed Interim CEO of GAN Limited, Dermot Smurfit resigns. McGill brings 25 years of gaming and technology experience. Smurfit may have a consulting arrangement. GAN evaluating indications of interest. No immediate positive or negative impact on stock price.
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GAN Reports Second Quarter 2023 Financial Results

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GAN reports Q2 2023 financial results, total revenue of $33.8M, a decrease of $1.2M compared to Q2 2022. B2B segment revenue was $9.9M, B2C segment revenue was $23.9M, net loss was $18.4M. GAN Sports now live in 9 US states. Strategic alternatives being evaluated.
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GAN Reports First Quarter 2023 Financial Results

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GAN Schedules 2023 First Quarter Financial Results Conference Call for May 10, 2023

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FAQ

What is the current stock price of GAN Ordinary Shares (GAN)?

The current stock price of GAN Ordinary Shares (GAN) is $1.83 as of December 20, 2024.

What is the market cap of GAN Ordinary Shares (GAN)?

The market cap of GAN Ordinary Shares (GAN) is approximately 83.4M.

What does GAN Limited do?

GAN Limited provides SaaS solutions for online casino gaming and sports betting, including platforms like GameSTACK and Coolbet.

What are the two main segments of GAN Limited?

GAN Limited operates through two segments: B2B, which focuses on technologies for casino operators, and B2C, which includes the Coolbet platform for online sports betting and casino.

Who are some of GAN Limited's key partners?

Key partners include Maryland Live!, American Casino and Entertainment Properties, The Borgata Hotel Casino & Spa, San Manuel Indian Bingo and Casino, Empire City Casino, and Parx Casino.

What is GameSTACK?

GameSTACK is a platform developed by GAN Limited that provides comprehensive tools for player registration, account funding, and back-office management for casino operators.

What markets does Coolbet operate in?

Coolbet operates in markets across Northern Europe, Latin America, and Canada.

How long has GAN Limited been in operation?

GAN Limited has over thirteen years of experience in the iGaming sector.

What is GAN Limited's financial condition?

GAN Limited maintains a strong financial health with consistent revenue growth and strategic partnerships.

What recent achievements has GAN Limited made?

Recent achievements include enhancements to the GameSTACK platform and expansion into regulated online real money gaming markets.

What technologies does GAN Limited offer to casino operators?

GAN Limited offers technologies like GameSTACK, GAN Sports, and iSight Back Office that aid in player registration, account funding, and back-office management.

How does GAN Limited tailor its solutions to clients?

GAN Limited tailors its solutions through its experienced team of engineers, marketers, and product experts to meet the specific needs of each partner.

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GAN Limited Ordinary Shares

Nasdaq:GAN

GAN Rankings

#4539 Ranked by Market Cap
N/A Ranked by Dividends

GAN Stock Data

83.39M
42.03M
7.77%
20.64%
0.35%
Gambling
Services-computer Programming, Data Processing, Etc.
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United States of America
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