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    GAN Limited

    Subscribe to $GAN
    $GAN
    Computer Software: Programming Data Processing
    Technology

    GAN Limited operates as a business-to-business supplier of internet gambling software-as-a-service solutions to online casino gaming and online sports betting applications in the United States, Italy, the United Kingdom and Channel Islands, and internationally. The company operates through Real Money iGaming (RMiG) and Simulated Gaming (SIM) segments. It offers and licenses GameSTACK, a proprietary internet gambling enterprise software system as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming, and virtual simulated gaming. The company also offers sports betting, online casino game, and peer-to-peer poker services through its Coolbet.com website, as well as a range of professional and managed services designed to deploy and provide ongoing operational support for its software systems. It serves regional operators and individual tribal casino operators. The company was founded in 2002 and is headquartered in Irvine, California.

    IPO Year: 2020

    Exchange: NASDAQ

    Website: gan.com

    Peers

    $ELYS

    Recent Analyst Ratings for GAN Limited

    DatePrice TargetRatingAnalyst
    11/9/2023Outperform → Neutral
    Macquarie
    3/23/2022Outperform → Market Perform
    Northland Capital
    8/10/2021$21.00Buy
    Jefferies
    See more ratings

    GAN Limited SEC Filings

    See more
    • SEC Form 15-12G filed by GAN Limited

      15-12G - GAN Ltd (0001799332) (Filer)

      6/9/25 9:16:19 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form EFFECT filed by GAN Limited

      EFFECT - GAN Ltd (0001799332) (Filer)

      6/2/25 12:15:04 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form POS AM filed by GAN Limited

      POS AM - GAN Ltd (0001799332) (Filer)

      5/28/25 10:43:17 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form S-8 POS filed by GAN Limited

      S-8 POS - GAN Ltd (0001799332) (Filer)

      5/28/25 10:39:28 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form S-8 POS filed by GAN Limited

      S-8 POS - GAN Ltd (0001799332) (Filer)

      5/28/25 10:39:19 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form S-8 POS filed by GAN Limited

      S-8 POS - GAN Ltd (0001799332) (Filer)

      5/28/25 10:39:19 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form S-8 POS filed by GAN Limited

      S-8 POS - GAN Ltd (0001799332) (Filer)

      5/28/25 10:39:19 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form POSASR filed by GAN Limited

      POSASR - GAN Ltd (0001799332) (Filer)

      5/28/25 10:27:39 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Limited filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Leadership Update

      8-K - GAN Ltd (0001799332) (Filer)

      5/27/25 12:14:11 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEC Form 25-NSE filed by GAN Limited

      25-NSE - GAN Ltd (0001799332) (Subject)

      5/27/25 10:08:16 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology

    GAN Limited Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

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    • Director Green Eric J returned $301,585 worth of Ordinary Shares to the company (153,089 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:11 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • Chief Technology Officer Roos Jan returned $117,702 worth of Ordinary Shares to the company (59,747 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:09 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • President, B2C Nesset Endre returned $378,333 worth of Ordinary Shares to the company (192,047 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:10 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • Director Bracey Susan returned $198,351 worth of Ordinary Shares to the company (100,686 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:04 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • Chief Executive Officer Mcgill Seamus M returned $284,184 worth of Ordinary Shares to the company (144,256 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:04 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • Chief Legal Officer Tiscareno Sylvia returned $409,108 worth of Ordinary Shares to the company (207,669 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:06 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • President, B2B Gardali Giuseppe returned $162,539 worth of Ordinary Shares to the company (82,507 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:08 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • CFO Chang Brian P returned $180,629 worth of Ordinary Shares to the company (91,690 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:06 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • Director Goldberg David returned $270,700 worth of Ordinary Shares to the company (137,411 units at $1.97), closing all direct ownership in the company (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/27/25 2:07:08 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • President, B2C Nesset Endre exercised 14,166 units of Ordinary Shares at a strike of $0.01, increasing direct ownership by 15% to 110,201 units (SEC Form 4)

      4 - GAN Ltd (0001799332) (Issuer)

      5/9/25 4:22:44 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology

    GAN Limited Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • GAN Limited downgraded by Macquarie

      Macquarie downgraded GAN Limited from Outperform to Neutral

      11/9/23 10:05:35 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Limited downgraded by Northland Capital

      Northland Capital downgraded GAN Limited from Outperform to Market Perform

      3/23/22 9:08:41 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • Jefferies initiated coverage on GAN Limited with a new price target

      Jefferies initiated coverage of GAN Limited with a rating of Buy and set a new price target of $21.00

      8/10/21 6:16:36 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • B. Riley Securities resumed coverage on GAN Limited with a new price target

      B. Riley Securities resumed coverage of GAN Limited with a rating of Buy and set a new price target of $26.00

      5/24/21 7:41:30 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Limited downgraded by Craig Hallum with a new price target

      Craig Hallum downgraded GAN Limited from Buy to Hold and set a new price target of $20.00

      3/26/21 8:12:17 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • B. Riley reiterated coverage on GAN with a new price target

      B. Riley reiterated coverage of GAN with a rating of and set a new price target of $35.00 from $27.00 previously

      2/18/21 12:58:30 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology

    GAN Limited Press Releases

    Fastest customizable press release news feed in the world

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    • SEGA SAMMY Completes Acquisition of GAN Limited

      GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it has completed its merger with an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY"). SEGA SAMMY through its affiliated entity SEGA SAMMY CREATION INC. ("SSC") acquired all of the outstanding securities of GAN for $1.97 per share in cash, which represents a premium of over 121% to GAN's closing stock price on November 7, 2023 (the trading day prior to the announcement that GAN entered into a merger agreement with SSC). GAN's ordinary shares will cease to be t

      5/27/25 11:30:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • SEGA SAMMY Nears Completion of Regulatory Approvals to Acquire GAN

      Closing of Merger expected May 27, 2025 GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY HOLDINGS") through its affiliated entity SEGA SAMMY CREATION INC. ("SSC") is nearing completion of procurement of all gaming regulatory approvals necessary to complete its planned acquisition of GAN. GAN and SSC are parties to an Agreement and Plan of Merger dated November 7, 2023 (the "Merger Agreement") pursuant to which GAN would merge into and become a wholly owned subsidiary of SSC

      5/19/25 4:05:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports First Quarter 2025 Financial Results

      Strong B2C revenue growth driven by performance in Europe and Latin America Planned Merger with SEGA SAMMY remains on track with expected close in 2Q25 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the first quarter ended March 31, 2025. Seamus McGill, GAN's Chief Executive Officer, said, "I'm pleased with the continued progress during the first quarter as we continue to execute on our business plan while refining our cost structure. Our B2C results were particularly strong and

      5/9/25 4:01:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Sets Date for 2025 Annual Meeting

      Meeting to be held in event that closing date for previously announced merger with SEGA SAMMY does not close prior to meeting date GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that the Company's board of directors has set June 26, 2025 as the date for the 2025 Annual Meeting of Shareholders (the "2025 Annual Meeting"). The 2025 Annual Meeting will be held at a time and location to be determined and specified in the Company's proxy statement related to the 2025 Annual Meeting. The Board also set April 29, 2025 as

      4/11/25 8:00:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Fourth Quarter and Full Year 2024 Financial Results

      Continued Improvement in Operating Performance and Cost Structure Drive Strong Results Planned Merger with SEGA SAMMY Expected to Close in 2Q25 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the fourth quarter and year ended December 31, 2024. Seamus McGill, GAN's Chief Executive Officer, said, "I'd like to thank our entire global team for continuing to execute and grow our business on a streamlined cost structure. This led to stronger financial performance in 2024 with growth i

      3/14/25 4:48:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Announces Extension of SEGA SAMMY Merger Agreement

      GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it has entered into an amendment to the merger agreement for the proposed merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. ("SSC"), an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY HOLDINGS"). The amendment extends the "End Date" of the merger agreement from February 7, 2025 to May 31, 2025. The End Date is the date on which a non-breaching party can elect to terminate the Merger Agreement by notice to the other party, if the closing has not yet oc

      2/7/25 8:00:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Third Quarter 2024 Financial Results

      Strong profitability improvement driven by B2B revenues and continued cost rationalization Planned Merger with SEGASAMMY now expected to close in early 2025 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the third quarter ended September 30, 2024. Seamus McGill, GAN's Chief Executive Officer, 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% compared

      11/8/24 4:05:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Announces Approval of Merger by the Nevada Gaming Commission

      Merger with SEGA SAMMY remains on track to close in late 2024 or early 2025 GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading international B2C operator of Internet sports betting, today announced that it has received approval from the Nevada Gaming Commission (NGC) for the merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. ("SSC"), an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY HOLDINGS"). The closing of the merger remains subject to other customary closing conditions including additional gaming regulatory approvals, and is expected to occur in late 2024 or early 2025.

      10/9/24 9:00:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Second Quarter 2024 Financial Results

      Growth in B2B revenues coupled with continued cost rationalization leads to improved results Expected timeline for completion of merger with SEGASAMMY remains on track for late 2024 or early 2025 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the second quarter ended June 30, 2024. Seamus McGill, GAN's Chief Executive Officer, said, "I'm very pleased with the continued operational progress the team is delivering. We achieved top-line revenue growth in the second quarter while

      8/9/24 4:01:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Announces CFIUS Clearance for SEGA SAMMY Merger

      GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for the proposed merger of GAN and a subsidiary of SEGA SAMMY CREATION INC. ("SSC"), an affiliate of SEGA SAMMY HOLDINGS INC. ("SEGA SAMMY HOLDINGS"). The closing of the merger is also subject to approval of the merger and change in control of GAN by certain gaming authorities. The closing of the merger remains subject to other customary closing conditions, and is expe

      6/27/24 8:30:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology

    GAN Limited Financials

    Live finance-specific insights

    See more
    • GAN Reports First Quarter 2025 Financial Results

      Strong B2C revenue growth driven by performance in Europe and Latin America Planned Merger with SEGA SAMMY remains on track with expected close in 2Q25 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the first quarter ended March 31, 2025. Seamus McGill, GAN's Chief Executive Officer, said, "I'm pleased with the continued progress during the first quarter as we continue to execute on our business plan while refining our cost structure. Our B2C results were particularly strong and

      5/9/25 4:01:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Fourth Quarter and Full Year 2024 Financial Results

      Continued Improvement in Operating Performance and Cost Structure Drive Strong Results Planned Merger with SEGA SAMMY Expected to Close in 2Q25 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the fourth quarter and year ended December 31, 2024. Seamus McGill, GAN's Chief Executive Officer, said, "I'd like to thank our entire global team for continuing to execute and grow our business on a streamlined cost structure. This led to stronger financial performance in 2024 with growth i

      3/14/25 4:48:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Third Quarter 2024 Financial Results

      Strong profitability improvement driven by B2B revenues and continued cost rationalization Planned Merger with SEGASAMMY now expected to close in early 2025 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the third quarter ended September 30, 2024. Seamus McGill, GAN's Chief Executive Officer, 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% compared

      11/8/24 4:05:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Second Quarter 2024 Financial Results

      Growth in B2B revenues coupled with continued cost rationalization leads to improved results Expected timeline for completion of merger with SEGASAMMY remains on track for late 2024 or early 2025 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the second quarter ended June 30, 2024. Seamus McGill, GAN's Chief Executive Officer, said, "I'm very pleased with the continued operational progress the team is delivering. We achieved top-line revenue growth in the second quarter while

      8/9/24 4:01:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports First Quarter 2024 Financial Results

      Growth in B2B revenues and reduced operating expenses offset by unfavorable B2C sports margin Merger with SegaSammy remains on track to close in Late 2024 or Early 2025 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the first quarter ended March 31, 2024. "Our first quarter saw strong B2B revenue growth of nearly 10% as well as successful ongoing cost initiatives to reduce our overall operating expenses by 20%," commented Seamus McGill, GAN's Chief Executive Officer. "Our B2C

      5/9/24 4:01:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN to Release First Quarter Results on May 9, 2024

      GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it will release financial results for the first quarter ended March 31, 2024, after market close on Thursday, May 9, 2024. Due to the previously announced merger agreement and merger of GAN and a subsidiary of SEGA SAMMY CREATION INC., the Company does not plan to host a conference call. About GAN Limited GAN is a leading business-to-business supplier of internet gaming software-as-a-service solutions predominantly to the U.S. land-based casino industry. Coolbe

      5/8/24 8:00:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Fourth Quarter and Full Year 2023 Financial Results

      Following Shareholder Approval of Merger with Sega Sammy Holdings, the Company Expects Completion of Transaction in Late 2024 or Early 2025 GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 Compared to Fourth Quarter 2022 Total revenue of $30.7 million decreased 17%, or $6.2 million, compared to the prior year quarter. B2B segment revenue was $11.8 million versus $14.1 million. The decrease was primarily drive

      3/13/24 6:00:00 AM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports Second Quarter 2023 Financial Results

      Successful deployment of GAN Sports continues now live in 9 states Company continues evaluation of strategic alternatives GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the quarter ended June 30, 2023. Dermot Smurfit, CEO of GAN stated: "Our second quarter saw solid execution and progression of our business plan. We continued to see strength in international markets for B2C, expanded our roll-out of GAN Sports, and made significant progress on the new GameSTACK 2.0 version

      8/9/23 4:44:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Reports First Quarter 2023 Financial Results

      Balance sheet actions strengthening financial position as strategic review process continues to progress B2C active customers, deposits and turnover remain strong and continue to grow B2B Gross Operator Revenue increases over 40% versus prior year quarter GAN Limited (NASDAQ:GAN) (the "Company" or "GAN"), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today reported its unaudited financial results for the quarter ended March 31, 2023. Dermot Smurfit, CEO of GAN stated: "Our first quarter showed another strong quarter of underlying KPIs for both our B2B and B2C businesses

      5/10/23 4:01:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology
    • GAN Schedules 2023 First Quarter Financial Results Conference Call for May 10, 2023

      GAN Limited (the "Company" or "GAN") (NASDAQ:GAN), a leading North American B2B technology provider of real money internet gaming solutions and a leading International B2C operator of Internet sports betting, today announced that it will release financial results for the first quarter ended March 31, 2023, after market close on Wednesday, May 10, 2023. The Company will host a conference call to discuss these financial results at 4:30 PM ET that same day. Conference Call Details Date/Time: Wednesday, May 10, 2023, at 4:30 PM ET Webcast: https://www.webcast-eqs.com/ganlimited20230510 U.S. Toll-Free Dial In: (888) 437-3179 Internati

      5/5/23 4:15:00 PM ET
      $GAN
      Computer Software: Programming Data Processing
      Technology