New Jersey sports betting drives GAN revenue growth

Supplier GAN announced gross operator revenue (GOR) of $116.3m for 2018.

Updated on 17 January 2019

Journalist

Q4 GOR grew 103.9% year-on-year to $41.8m; an increase of $15.1m from the previous month.

In its quarterly publication, GAN gave details on active player days, which increased to 4.6 million, a rise of 50.6% year-on-year.

Breaking down revenue to see player-by-player results, GAN announced average revenue per active player-day (ARPDAU) of $9.05; a 15.2% change from the previous quarter.

Dermot Smurfit, GAN CEO said: “Internet sports betting in New Jersey drove exceptional growth of gross operator revenue in the last quarter of 2018 with a significant positive impact on casino revenues from cross-selling casino games to sports gamblers.”

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Matthew Enderby

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Matthew Enderby is a journalist who served as a Staff Writer at Gambling Insider from October 2018 to December 2019. During his tenure, he reported on breaking industry news, regulatory developments and market trends affecting the global gambling and iGaming sector, contributing authoritative coverage for both the Gambling Insider website and associated print titles.

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