GAN was formerly known as GameAccount Network, and decided to change its name in 2016. The company supplies turnkey online casino and sports wagering solutions. According to its website, it is the number one online gaming platform in America. Normally, companies call themselves ‘leading’ as it’s not quantifiable, but in this instance, we have a company claiming to be top dog. Whether it’s true or not, is another story.
The GAN product suite consists mainly of its “core GameSTACK™ IGS platform, CMS-to-IGS loyalty integration, an unrivaled [sic] back office, and a complete casino in the palm of your hand.”
Background
On 24 May 2018, the Supreme Court of the United States lifted the federal ban on sports betting.
The decision was made during London Stock Exchange trading hours, and many gambling stocks immediately started moving on increased volume.
888 surged double digits, which was way in excess of the average range.
GVC saw a rise, with a brief period of taking profit, before a continued rise.
Gamesys, or Jackpot Joy as it was then known, also responded in earnest. A whole new frontier…
Disclaimer: Please note all prices are for information only, they should not be relied upon for accuracy or trading. All prices quotes are based on CFD prices and are similar though not always identical to real exchange prices. STOCKTRKR or anybody connected with STOCKTRKR will not accept any liability for loss or damage arising from use of any information/commentary/charts or articles which is provided 'as is' for educational purposes only, nothing contained on this website should be considered as investment advice - please seek proper investment advice from registered financial broker or institution if you wish to trade on global markets and ensure you are familiar with the risks.
