GAN, the US developer and supplier of B2B internet gambling software, services and online gaming content, has published quarterly key performance indicators for the fourth quarter of 2019.
The firm highlighted continued year-on-year growth reflecting high demand for internet sports betting and internet casino gaming in both New Jersey and Pennsylvania, together with high demand in Indiana for internet sports betting (launched during the quarter).
CEO Dermot Smurfit commented: “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 internet gambling, simulated gaming as well as our long-standing Italian clients.
“The fourth quarter benefited from strong seasonal demand during the American Football NFL season; cross-selling of US sports bettors to internet casino gaming in the states of New Jersey and Pennsylvania; and the launch of internet sports betting in the state of Indiana.”
The quarterly publication disclosed active player-days, average revenue per active player-day (ARPDAU) and gross operator revenue, in which GAN participates worldwide in regulated real money internet gambling markets and Simulated Gaming.
Gross operator revenue increased 189.1% year-on-year and 49.3% quarter over quarter to $120.8m. This change was driven, said the firm, by strong growth in real money regulated gambling in the US and seasonal growth experienced in both Italy’s regulated gambling market and Simulated Gaming.
Active player-days of nine million represented an increase of 94.8% year-on-year and growth of 65.7% quarter over quarter.