Why GAN Limited's Shares Popped 21.4% on Thursday
Shares of online gambling software company GAN Limited (NASDAQ: GAN) jumped as much as 21.4% in trading today after agreeing to a new partnership in the U.S. The shares settled later in the day but were still up 9.8% at the close on Thursday.
GAN announced that it has agreed to provide an enterprise software platform for the Cordish Gaming Group’s PlayLive! business in Pennsylvania. Cordish Gaming is developing two casinos, in Philadelphia and Pittsburgh, and these properties will be adding online gambling powered by GAN Limited.
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Source Fool.com
