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GAN operator revenue skyrockets thanks to US growth

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Gambling software supplier GAN’s gross operator revenue increased 171.3% year-on-year to $315.6m in 2019 thanks to the growth of legal gambling in the US, according to the company’s Q4 key performance indicators.

In addition, the supplier saw a 70.5% increase in active player days, defined as the number of unique active gamblers who gambled at least once online each day, aggregated over the period, to 24.5m. GAN’s average revenue per active player-day (ARPDAU), meanwhile, also rose, by 58.9% to $12.88.

For the fourth quarter of 2019, GAN’s operator revenue increased 189.1% to $120.8m. Its active player days rose 94.8% to 9.0m while ARPDAU increased 48.4% to $13.43. All three figures were by far the highest of any quarter in 2019.

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