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GAN highlights strong internet gambling growth throughout New Jersey

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By Iain Gilbert

Date: Friday 13 Dec 2019

LONDON (ShareCast) - (Sharecast News) - Gambling software solutions provider GAN told investors on Friday that it had seen internet gambling throughout the US state of New Jersey increase year-on-year.
Citing New Jersey's Division of Gaming Enforcement latest sports betting financial information, GAN said internet gaming wins for the month of November were $49.1m - compared to $26.9m in the prior-year period, marking an increase of 82.4%.

Total internet sports wagering handle came to approximately $486.8m for the month.

Internet sports wagering gross revenues - after payouts - for the month were $27.8m, compared to $14.4 million in November 2018, reflecting a year-on-year increase of 92.4%.

As of 0855 GMT, GAN shares were up 3.65% at 142p.

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