Why GAN Limited's Shares Jumped 18.8% on Monday

Shares of GAN Limited (NASDAQ: GAN) jumped another 18.8% on Monday as the online gambling platform company continued to attract investor attention. Shares settled slightly late in the day but were still up 10.6% at 3:40 p.m. EDT.

There wasn't any specific news out about GAN Limited today, but there's a drumbeat of potentially positive news from around the U.S. States have not only been moving to open up online gambling, but they seem to have more incentive to do so now that budgets are likely to be under pressure in 2020.

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Source Fool.com