GAN sees improved year-to-date performance in Italy

Internet gambling software provider GAN said on Tuesday that its recent performance in Italy had been quite strong.

GAN said it had processed in excess of 306m bets online in the Italian regulated market so far in 2020, an increase of 8.4% year-on-year.

Following the imposition of certain new measures on 23 February, the AIM-listed group added that 13.9% more online bets had been processed year-on-year in Italy via its technology platform.

GAN added that these trends had continued into March.

As of 1345 GMT, GAN shares were up 6.61% at 141.79p.