GAN, the developer and supplier of B2B online gambling software, services and online gaming content in the US, has released key performance indicators for Q4 2019 showing 189 per cent growth in gross operator revenue.
The figures, GAN states, illustrate continued high demand for internet sports betting and casino gaming in New Jersey and Pennsylvania, in addition to online sports betting in Indiana which launched during the quarter.
The 189 per cent increase in gross operator revenue year-on-year included a 49.3 per cent increase quarter over quarter to US$120.8m, a change driven by a strong performance in real money gambling in the US and seasonal growth in Italy.
The number of unique active players who gambled at least once online each day stood at nine million, an increase of 94.8 per cent year=on-year and 65.7 per cent quarter over quarter.
Dermot Smurfit, CEO of GAN, said: "The continued year-on-year growth rate experienced in Q4 demonstrates our platform technology's ability to scale successfully for our diverse clients of real money US online gambling, simulated gaming as well as our long-standing Italian clients.
“The fourth quarter benefitted from strong seasonal demand during the American Football NFL season; cross-selling of US sports bettors to online casino gaming in the states of New Jersey and Pennsylvania; and the launch of online sports betting in the state of Indiana."
