GAN raises revenue projections after successful Q2 results
| By Marese O'Hagan
Online gaming platform GAN has reported revenue of $34.6m (£25.0m/€29.3m) in its Q2 results ended 30 June, a rise of 316.0% year-on-year.
The increase came after the Q2 2020 period was affected by the novel coronavirus (Covid-19) pandemic.
Most of this revenue – $14.1m – was generated in Europe, a rise of $12.9m compared to Q2 2020. A total of $10.2m came from Latin America operations, which did not have comparative figures available for Q2 2020. The United States accumulated $8.6m, up 22.2%. The rest of the world made up $1.5m.