Business
CEO’s of GAN Limited, FansUnite, ESE Entertainment and Penn National Gaming - Leading Global Boom in Online Betting Markets, and Interactive Entertainment
CEO’s of GAN Limited, FansUnite, ESE Entertainment and Penn National Gaming - Leading Global Boom in Online Betting Markets, and Interactive Entertainment.
About this update from Fansunite Entertainment Inc.
[{"type":"text","content":"\n NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: GAN Limited (NASDAQ: GAN), FansUnite (OTC: FUNFF) (CSE: FANS), ESE Entertainment (TSX.V: ESE) (OTC: ENTEF), and Penn National Gaming (NASDAQ: PENN). Wall Street Reporter highlights the latest comments from industry thought leaders: GAN Limited (NASDAQ: GAN) CEO Dermot Smurfit: “On Path To $100 Million Revenue with Online Sports Betting and Casinos” “..While both the consumer attention and client demand remains focused on sports betting, the real core of the U.S. internet gambling profit opportunity lies inherently within the online casino, which is only unlocked by the mass market appeal of sports betting being a technical and operational capability, we will shortly possess…” “When you combine online casino gaming with internet poker, and of course, internet sports betting, New Jersey generated in excess of $132 million of gross operating revenue in that single state in the single month of October. This amount would have seemed implausible just two years ago. New Jersey is now on a path where internet gambling revenues could be on a monthly run rate to exceed pre-COVID retail gaming revenues by the end of 2022. I’ll state this again, because it is incredibly important for everyone to understand the magnitude of the structural shift in the retail casino industry. New Jersey’s internet gambling market is on a growth path to exceed pre-COVID monthly retail casino gaming revenues within 18 months, possibly less. This all points to bright line a truth that COVID combined with the advent of internet sports betting and the associated strong cross-sell of sports gamblers into online casino gaming has manifestly altered expected future growth opportunities in this industry for decades to come...Our continuing mission is to bring retail casinos online with our technology platform focused principally on delivering all forms of internet gambling content, including casino gaming and sports betting.” GAN Limited (NASDAQ: GAN) Earnings Highlights: https://bit.ly/32QlM0m FansUnite (OTC: FUNFF) (CSE: FANS) “Positioned for Exponential Revenue Growth in iGaming, E-Sports, Online Sports Betting”...