GAN Limited: Profit From The Expansion Of Online Gambling With This 'Picks And Shovels' Play

Summary

  • GAN makes its money as a percentage of net gaming revenues generated on its platform. The US online gambling industry is growing rapidly.
  • GAN’s patented iBridge technology enables the integration of existing offline loyalty programs to the online platform. This makes GAN's product unique and very "sticky"
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  • Coolbet itself is no slouch. The company has won numerous accolades and completes GAN's technology stack. The combined company is worth more than a sum of its parts.
  • This article was written by
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    Nine to 5 by day. Hobbyist stock trader by night. I got an MBA and a CFA ... so that should count for something. I only care about my own greedy interests and I love feeding trolls. Not your financial advisor. Information for entertainment purposes only. Diamond hands are forever. 

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    Disclosure: I am/we are long GAN, WYNN.

    I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

    Additional disclosure: Caveat emptor! (Buyer beware.) Please do your own proper due diligence on any stock directly or indirectly mentioned in this article. You probably should seek advice from a broker or financial adviser before making any investment decisions. I don't know you or your specific circumstances, therefore, your tolerance and suitability to take risk may differ. This article should be considered general information, and not relied on as a formal investment recommendation.

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