GAN plc has updated the market following the publication on December 17, 2019, by the Pennsylvania Gaming Control Board (PGCB) of Internet gaming and Internet sports betting financial information for November 2019 in Pennsylvania.
Internet Gaming Win was $9.7 million in November, reflecting an increase of 95.3% from the prior sequential month. Total Internet Sports Wagering Handle was approximately $266.7 million for the month of November, compared to $198.7 million in October. Internet Sports Wagering Gross Revenues (after payouts) for the month of November were $17.3 million, compared to $14.5 million in October.
Internet Sports Wagering Gross Revenues may vary from month to month due to the payouts for future events occurring months after the original wager was made and unredeemed winning wagers from prior months will become deductible upon redemption in future months.