US adventure: Smurfit to put gambling firm GAN on the market

US adventure: Smurfit to put gambling firm GAN on the market

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Shares in Dermot Smurfit jr’s gambling software provder GAN fell almost 4pc yesterday.

The fall came after the company said that it was undertaking a strategic review which could see the business sold.

The company will also consider listing on a US stock exchange, or selling a non-controlling stake to a strategic investor. It has been looking to scale up in the US amid liberalisation of the gambling market there.

Results for 2018 posted yesterday showed revenue grew, but so did losses.

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Irish Independent

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