GAN announced that it is starting a review of “various strategic alternatives,” which include a potential sale, following the release of its 2018 numbers. The UK-listed online gambling technology provider announced that its so-called ‘clean’ earnings swung to a £1.5m loss from a modest £454k profit in 2017 and the company’s pre-tax losses grew by £2.5m to £6.7m. Aside from offering itself to the highest bidder, GAN is also exploring the possibility of a U.S. stock market listing and seeking a strategic investor to take a non-controlling stake in the company.
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The Story
GAN announced that it is starting a review of “various strategic alternatives,” which include a potential sale, following the release of its 2018 numbers. The UK-listed online gambling technology provider announced that its so-called ‘clean’ earnings swung to a £1.5m loss from a modest £454k profit in 2017 and the company’s pre-tax losses grew by £2.5m to £6.7m. Aside from offering itself to the highest bidder, GAN is also exploring the possibility of a U.S. stock market listing and seeking a strategic investor to take a non-controlling stake in the company.
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The former Mr. Green CEO talks with CalvinAyre.com’s Becky Liggero about the lessons he learned in the company and what will be his next move.
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In his column, lawyer Martin Owens shares the guiding principle of iGaming expansion—which has little to do with law, foreign and domestic policies, and projected tax income.
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Innisfil is a small town of just 36,500 people but it has made a big move for crypto after becoming the first town in Canada to allow the use of digital currency for tax payments.
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The former BGO Group chief marketing officer has established Mustard Digital to offer consultancy and marketing services to operators and affiliates in the iGaming industry.
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Congratulations to Uri Gilboa for becoming the first Israeli to win a European Poker Tour Main Event title! Gilboa won the $412,125 first prize after beating 563 entrants in the Sochi leg of the tour.
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Only I can change my life.
