GAN, a North American B2B technology provider of real money internet gaming solutions and international B2C operator of online sports betting, has reported its financial results for the third quarter ended September 30.
Seamus McGill, GAN’s CEO, said: “I couldn’t be more pleased with the progress our team members have made to deliver revenue growth while concurrently lowering our cost structure.
"Our top-line growth of 24 per cent compared to the prior year was driven by B2B revenue growth of more than 60 per cent while operating costs fell by nearly 10 per cent.
"We remain focused on delivering a leading product offering for our US B2B clients and our international B2C business.
“In September, we received approval from the Nevada Gaming Commission for our planned merger with Sega Sammy. We continue to work through the remaining regulatory requirements and anticipate a successful closing in early 2025."
