GAN sees accelerated growth in New Jersey

(Sharecast News) - Internet gambling group GAN said on Friday that growth had accelerated throughout the US state of New Jersey during February.

GAN said internet gambling wins had increased 52% year-on-year, while internet gaming wins came to $52m, reflecting an annual increase of 63.7%.

February's total internet sports wagering handle came to $436.5m, a slight decrease on the $471.1m seen in January, while gross revenues from sports wagering increased 24% year-on-year to $15.9m.

As of 1100 GMT, GAN shares were down 13.16% at 99p.