Welcome to our dedicated page for Gan news (Ticker: GAN), a resource for investors and traders seeking the latest updates and insights on Gan stock.
GAN Limited (GAN) historically reported that it was a North American B2B technology provider of real money internet gaming solutions and an international B2C operator of internet sports betting. Its news flow has included regular financial results, operational updates for its GameSTACK platform and Simulated Gaming offering, developments in its Coolbet online sports betting division, and detailed information about its corporate transaction with SEGA SAMMY.
Company news releases have described GAN as a business-to-business supplier of internet gambling software-as-a-service solutions predominantly to the U.S. land-based casino industry, and as a business-to-consumer operator of proprietary online sports betting technology with market leadership positions in selected European and Latin American markets through Coolbet. Earnings announcements have discussed trends in B2B and B2C segment revenue, operating expenses, net income or loss, adjusted EBITDA and key performance indicators such as B2B Gross Operator Revenue, B2B Take Rate, B2C Active Customers, B2C Marketing Spend Ratio and B2C Sports Margin.
A major focus of GAN’s recent news has been its merger with an affiliate of SEGA SAMMY HOLDINGS INC. Through a series of releases, the company reported milestones such as clearance from the Committee on Foreign Investment in the United States (CFIUS), approvals from gaming regulators including the Nevada Gaming Commission, amendments to the merger agreement and, ultimately, completion of the merger. A Business Wire announcement dated May 27, 2025 states that SEGA SAMMY, through SEGA SAMMY CREATION INC., acquired all outstanding securities of GAN and that GAN’s ordinary shares would cease to be traded on the NASDAQ Global Stock Market at the close of trading that day.
This news page serves as a historical archive of GAN-related announcements, including quarterly and annual financial results, key performance metric definitions, and updates on the regulatory and transactional steps that led to GAN becoming a wholly owned subsidiary of SEGA SAMMY’s affiliate and ceasing to be a publicly traded company.
GAN Limited (NASDAQ: GAN) has launched a new simulated Internet sports betting experience for a major midwestern retail casino operator. This product enhances GAN's Simulated Gaming offerings and integrates with Kambi's technology. It allows sports bettors to engage in entertainment betting and compare their performance with others. Management expects this will attract younger demographics and boost sales to more retail casinos. The company aims for future real-money betting, pending regulation approvals, leveraging its proprietary GameSTACK platform.
GAN Limited (NASDAQ: GAN) has signed a significant 10-year agreement with Wynn Resorts (NASDAQ: WYNN) to provide its software platform for online sports betting and casino gaming in Michigan. The launch is anticipated in November 2020, contingent on regulatory approvals. This partnership leverages GAN's enterprise software and Wynn's substantial patron database in Michigan, positioning both companies as early movers in the state's online gaming market. GAN's technology will also enable efficient marketing initiatives for Wynn, enhancing player attraction and retention.