B2B supplier of internet gaming enterprise software GAN has shown continued strong momentum in Q1 2018, with the company trading strongly with its simulated gaming and real money regulated gaming activities.
Highlights include a seventh straight quarter of growth in Active Player-Days and a 12.9 per cent quarter-on-quarter increase in Average Revenue Per Daily Active User, reflecting strong growth in monetisation of players of simulated gaming and real money regulated gaming.
Dermot Smurfit, CEO of GAN, said: "GAN is trading at record levels, demonstrating the sustained progress GAN has made in developing our market position in the US focusing on real money regulated gaming in New Jersey and simulated gaming for clients coast-to-coast across America supported by substantial organic growth in Italy, one of Europe's largest regulated markets for Internet gambling."
