GAN notes slump in New Jersey sports betting following event cancellations

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Software provider to the gambling industry GAN noted that sports wagering revenues fell in the state of New Jersey in March due the Covid-19 crisis leading to the cancellation of sporting events.

Internet sports wagering gross revenues for the month were $13.3m, down from $24.3m in March 2019 and $15.9m in February 2020.

The internet sports wagering handle was about $163.4m in March 2020, down from $436.5m in February.

At 2:57pm: (LON:GAN) GAN Plc share price was -5.5p at 149p