Game Account Network $GAN provides the software to support online gaming and sports betting. Are they the next Donkey Kong? Fuck if I know but they have been mooning since their IPO on they listed on the NASDAQ on May 5th. submitted by jamminstein to wallstreetbets [link] [comments] The downside, since they just listed you can't buy options. So the only way to get in is to hike up your boomer pants well above waist level, start yelling at the kids for their avocado toast, and buy stocks. Here is the boilerplate description: GAN Limited provides enterprise Software-as-a-Service solutions for online casino gaming and online sports betting applications. It offers a proprietary internet gambling enterprise software system, GameSTACK, which it licenses principally to the land-based U.S. casino operators as a turnkey technology solution for regulated real-money internet gambling, encompassing internet gaming, internet sports gaming, and virtual simulated gaming. It also offer a range of professional and managed services designed to deploy and provide ongoing operational support for its software systems Their clients include Betfair, Borgata, and Fanduel, as well as a shit ton of local casinos in several states. https://www.gan.com/about-us/customers-and-partners Market Cap is only about 700 mil with a float of 57.5M shares. 47.27% held by insiders and 31.94% by institutions. Revenue growth in 2019 increased 114% from 2018. They have been active this year adding contracts with more an more partners so revenue should continue to grow nicely. The numbers 2018 vs 2019 May 2020 Prospectus As always this is not investment advice or a recommendation of any sort to buy or short. Do your own DD. EDIT - Changed flair to "Stocks" TL;DR - Stocks only, pretend your a boomer. |
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