GAN Q2 2023 Earnings Report
Key Takeaways
GAN Limited reported its financial results for the quarter ended June 30, 2023. The company continued to see strength in international markets for B2C, expanded its roll-out of GAN Sports, and made significant progress on the new GameSTACK 2.0 version of its technology platform. The company has received indications of interest from prospective bidders interested in acquiring all or part of its business and a special committee is evaluating those alternatives.
GAN Sports is now live in nine U.S. states.
The company is seeing encouraging momentum in international markets.
Significant progress was made on the new GameSTACK 2.0 version of the technology platform.
The company has received indications of interest from prospective bidders interested in acquiring all or part of its business.
GAN
GAN
Forward Guidance
The company expects top-line performance to improve over the coming quarters and into 2024.