The firm, which supplies internet gambling software, said a report from the US state’s Division of Gaming Enforcement (DGE) had shown total internet gaming win, the amount of revenue taken after pay-outs, was US$31.7mln for the industry during the month, up around 44.4% year-on-year.
READ: GAN launches internet gaming content for leading Italian sports betting & casino gaming operator GOLDBET
Total internet sports wagering handle, the amount of money accepted in sports wagers, was at US$259mln in February, down from US$305mln in January but up from US$241mln in December.
Meanwhile, gross revenues from internet sports wagering were US$12.9mln after payouts, down from US$15.5mln in January and US$14.7mln in December.
New Jersey, which has some of the least restrictive gambling laws in the US, is a key market for GAN.
In early trading Friday, GAN shares were steady at 49.5p.