GAN reported Q1 2025 revenue of $29.4 million, down 4% from 2024. B2B segment revenue fell significantly due to a contract expiration. B2C revenue increased 33% in Europe and Latin America markets. Merger with Sega Sammy expected to close in Q2 2025. Net loss expanded to $6.8 million, attributed to lower B2B revenues.
GAN's declining B2B revenue may restrict investor confidence, despite B2C growth.
Immediate market reactions will follow the financial report and merger updates.
The article highlights critical metrics affecting GAN's future revenue and merger implications.