Welcome to our dedicated page for Gambling.Com Group news (Ticker: GAMB), a resource for investors and traders seeking the latest updates and insights on Gambling.Com Group stock.
Gambling.com Group Ltd (GAMB) is a leading performance marketing specialist in the online gambling industry, connecting operators with players through data-driven strategies. This news hub provides investors and industry professionals with timely updates on corporate developments, regulatory changes, and market trends shaping the digital gaming landscape.
Access comprehensive coverage of earnings announcements, strategic partnerships, and technology innovations that drive GAMB's position in online casino and sports betting markets. Our curated news collection simplifies tracking performance marketing milestones and competitive dynamics in this fast-paced sector.
Key updates include merger & acquisition activity, leadership changes, and regulatory compliance developments across global markets. The resource serves as a neutral, factual reference for understanding how GAMB navigates evolving digital gambling trends through its award-winning marketing solutions.
Bookmark this page for streamlined access to verified company communications and third-party analysis. Stay informed about critical developments affecting GAMB's role in performance-based marketing for online gaming operators worldwide.
Gambling.com Group (Nasdaq: GAMB) reported a remarkable 70% revenue growth in Q1 2022, reaching $19.6 million, with record Adjusted EBITDA of $7.2 million. Strong business performance is attributed to substantial gains in North America, where revenue surged 544% to $10.6 million. The company successfully launched in New York and Louisiana and completed acquisitions of RotoWire.com and BonusFinder.com. Full-year guidance remains solid, projecting revenues between $71-76 million and Adjusted EBITDA of $22-27 million.
Gambling.com Group Limited (Nasdaq: GAMB) will release its financial results for Q1 ended March 31, 2022, before the market opens on May 31, 2022. The results will be discussed in a conference call at 9:00 am EDT that day, open to all interested parties. A replay will be available for 30 days on the Company’s website. Gambling.com Group, established in 2006, operates over 50 websites across 15 markets, focusing on iGaming and sports betting.
Gambling.com Group announced its entry into the Canadian online gambling market, providing marketing services for licensed sports betting and iGaming operators in Ontario. With the province set to launch these services on April 4, 2022, Gambling.com has already established OntarioBets.com to aid consumers in comparing legal options. Anticipated first-year revenues could reach nearly CAD$1 billion, with potential for growth. The company aims to support operators with its established brands, positioning itself to become a key player in Ontario's burgeoning market.
Gambling.com Group reported a robust financial performance in 2021, with total revenue increasing by 51% to $42.3 million and North American revenue soaring by 89% to $7.5 million. Net income for 2021 was $12.5 million, or $0.37 per diluted share. However, fourth-quarter results showed net income drop to $0.9 million from $8.5 million year-over-year. Adjusted EBITDA margins declined to 22% in Q4, and free cash flow was negative at $(1.8 million). The company anticipates total revenue to range between $71 million and $76 million for 2022.
Gambling.com Group Limited (Nasdaq: GAMB) will release its financial results for Q4 and full year ending December 31, 2021, on March 24, 2022, before market open. A conference call is scheduled for 9:00 am EDT the same day, with a Q&A session to follow. The results can be accessed via the company's investor relations website. Gambling.com Group specializes in player acquisition services in the regulated online gambling industry, operating over 30 websites across 13 national markets.
On February 8, 2022, Gambling.com Group (Nasdaq: GAMB) reported preliminary financial results for 2021, revealing a total revenue estimate of $42.1M to $42.5M, with a substantial 90% growth in North American revenue. The estimated net income ranges from $12.4M to $13.1M, and Adjusted EBITDA is projected at $18.2M to $18.7M, reflecting a solid margin of 43% to 44%. The company anticipates strong performance in January 2022, potentially its best month on record, and provided an optimistic outlook for 2022, targeting total revenue between $71M and $76M.
Gambling.com Group (Nasdaq: GAMB) has acquired NDC Media, the publisher of BonusFinder.com, for a total purchase price of €12.5 million (approximately $13.92 million). The deal is aimed at expanding Gambling.com Group's presence in the North American online gambling market, particularly in Canada and the upcoming Ontario market. The acquisition is expected to be immediately accretive to fiscal 2022 earnings and aligns with the Group's growth strategy. Additional earnout payments could bring the total consideration to around €41 million ($47 million), based on BonusFinder's financial performance.
Gambling.com Group (Nasdaq: GAMB) has received approval from the Louisiana Gaming Control Board to offer marketing services to licensed gaming operators in Louisiana as online sports betting launches on January 28, 2022. This marks the state's entry into online sports betting, following New York's recent launch. The Group's CEO, Charles Gillespie, highlighted Louisiana's potential due to its rich sports culture and favorable market conditions. The company is poised to leverage its brands, including Gambling.com and Bookies.com, to provide sports bettors with expert insights and services.
On January 18, 2022, Gambling.com Group (Nasdaq: GAMB) announced a media partnership with The McClatchy Company, enhancing its player acquisition services in the online gambling sector. This collaboration provides McClatchy access to Gambling.com Group's data science platform and sports betting content, allowing them to monetize high-intent traffic effectively. McClatchy's substantial audience of 65 million unique visitors monthly presents significant growth potential, capitalizing on the expanding online sports betting market.
Gambling.com Group (Nasdaq: GAMB) is prepared to launch online sports betting marketing services in New York, coinciding with the state's legalization on January 8, 2022. The company has developed two New York-specific websites—NewYorkBets.com and EmpireStakes.com—offering comprehensive betting information and operator reviews. With New York's population exceeding 20 million, it presents a significant market opportunity, potentially surpassing New Jersey in sports betting volume. The Group has been readying for this launch for years, positioning itself to support licensed operators effectively.
