Tag Archives: GameAccount Network

GAN Plc raises £450,000 through David Capital Partners Chicago

SBC News GAN Plc raises £450,000 through David Capital Partners Chicago

London AIM-listed GAN Plc (formerly GameAccount Network) has welcomed Chicago financial advisory David Capital Partners as new investors raising £450,000 for its business. GAN governance declared that the firm had conducted a new share placement of 1.5 million ‘ordinary shares’ issued at a price of 30p. The completed purchase will see David Capital hold 2.2% of total share capital of …

Read More »

GAN closes tough 2015 with £5.6 million losses

SBC News GAN closes tough 2015 with £5.6 million losses

Online gambling B2B supplier GameAccount Network (GAN) closes a tough fiscal 2015 (period ending December 2015) reporting that its operating losses have doubled to £5.6 million (FY 2014:£2.6 million). Detailing full-year 2015 metrics, GAN recorded a net revenue decrease of 8% to £6 million (FY 2014: £6.5 million). Closing 2015 GAN would report clean EBITDA losses of £3 million (FY …

Read More »