GAN shareholders are in purgatory. In  April, the company announced it was putting itself up for sale. On a call with investors, CEO Dermot Smurfit said: ”The board think it’s prudent to explore all options around [realising the company’s] value… We are well into discussions with multiple involved parties.”  That was three months ago. Last week, GAN was obliged to update the market with its latest quarterly earnings. Alongside some quite disappointing financials  (more on those shortly), the statement said: “As an update on our strategic initiatives, we have received indications of interest from prospective bidders interested in acquiring all…

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