GAN plc released its quarterly key performance indicators for the fourth quarter of 2019.

Highlighting continued YoY growth reflecting high demand for Internet sports betting and Internet casino gaming in both New Jersey and the State of Pennsylvania together with high demand in Indiana for Internet sports betting (launched during the quarter.

Gross Operator Revenue² increased 189.1% year over year and 49.3% quarter over quarter to $120.8 million. This change was driven by strong growth in real money regulated gambling in the U.S. and seasonal growth experienced in both Italy’s regulated gambling market and Simulated Gaming.

Active Player-Days³ at 9.0 million is an increase of 94.8% year over year and increase of 65.7% quarter over quarter.

Dermot Smurfit, CEO of GAN commented: “Continued year on year growth rate experienced in Q4 demonstrates our Platform technology’s ability to scale successfully for our diverse clients of real money U.S. Internet gambling, Simulated Gaming as well as our long-standing Italian clients. The fourth quarter benefitted from strong seasonal demand during the American Football NFL season; cross-selling of U.S. sports bettors to Internet casino gaming in the States of New Jersey and Pennsylvania; and the launch of Internet sports betting in the State of Indiana.”