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Gambling.com Group Limited (symbol: GAMB) is a multi-award-winning performance marketing company and a prominent provider of digital marketing services within the online gambling industry. Founded in 2006, Gambling.com Group has established itself as a key player in the realm of digital marketing, operating from offices in both North America and Europe.
The company's core business is divided into two principal segments: affiliate marketing and Software as a Service (SaaS) tools for affiliate marketers. These divisions allow Gambling.com Group to effectively cater to online gamblers and gambling operators by offering a range of marketing and technological solutions. The company generates revenue primarily by referring online gamblers to various online gambling operators.
Gambling.com Group focuses on several key areas within the online gambling sector, including online casino gaming, online sports betting, and the fantasy sports industry. Their expertise and innovative strategies have earned them numerous awards and recognition within the industry.
Recent achievements of Gambling.com Group include significant advancements in their digital marketing services and the successful expansion of their affiliate marketing platform. These milestones have positioned the company to take advantage of the growing online gambling market, reinforcing their commitment to delivering high-quality, performance-driven marketing solutions.
The company maintains strategic partnerships with leading gambling operators, enhancing their ability to provide valuable traffic and customer acquisition services. By leveraging these partnerships, Gambling.com Group continues to solidify its reputation as a trusted and effective marketing partner in the gambling industry.
Financially, Gambling.com Group has demonstrated robust performance, with a notable market capitalization and consistent revenue growth. The company's ability to adapt and innovate within the dynamic online gambling market is a testament to its strategic vision and operational excellence.
In the latest news, Gambling.com Group's market presence and strategic endeavors have been highlighted by significant transactions in the domain industry, such as the high-profile sale of domain names and the acquisition of premium assets. These developments emphasize the lucrative opportunities within the digital marketing and online gambling sectors.
Gambling.com Group Limited (Nasdaq: GAMB) is set to report its 2023 first quarter results on
Gambling.com Group reported a remarkable 81% increase in full-year revenue, reaching $76.5 million in 2022. The fourth quarter revenue surpassed $21.3 million, a 107% growth year-over-year. The company anticipates 2023 revenue between $93 million and $97 million and adjusted EBITDA of $32 million to $36 million. North American revenue soared 364% to $10 million. The company successfully launched in new markets and increased new depositing customers by 133% in 2022. CEO Charles Gillespie expressed confidence in leveraging technology and ongoing partnerships to ensure future growth.
Gambling.com Group Limited (NASDAQ: GAMB) has received sports wagering registration from the Massachusetts Gaming Commission to provide marketing services for licensed online sports betting operators, starting March 10, 2023. This follows the launch of BetMassachusetts.com, aimed at helping bettors access reliable sports betting information. With a population nearing six million, Massachusetts is poised to be a major sports betting market, potentially handling over
Gambling.com Group Limited (Nasdaq: GAMB) will announce its 2022 fourth quarter and full year results on March 23, 2023, before the market opens. A conference call with CEO Charles Gillespie and CFO Elias Mark will take place at 8:00 a.m. ET, covering financial results and a business update, followed by a Q&A session. Participants can access the live call through a webcast and dial-in options. A replay will be available for 30 days on the Company’s website. Gambling.com Group, founded in 2006, is a prominent player in the online gambling digital marketing sector.
Gannett Co. (NYSE: GCI) has announced a multi-year strategic partnership with Gambling.com Group (NASDAQ: GAMB), aimed at enhancing its digital media capabilities in the online sports betting and iGaming sectors. This collaboration will leverage Gannett's expansive USA TODAY Network to deliver expert insights and betting content to sports enthusiasts across the U.S. The partnership is expected to be accretive to Gannett's EBITDA and free cash flow, especially as more states regulate online gambling. The integration will utilize Gambling.com’s proprietary data science platform, offering real-time betting analysis and reviews across various media platforms.
Gambling.com Group Limited (Nasdaq: GAMB) is set to provide marketing services for licensed online sports betting operators in Ohio, with the market launch on January 1, 2023. The Group's dedicated site, BetOhio.com, has positioned itself as a key resource, reporting that 15% of Ohio adults are likely to place legal sports bets. With a population exceeding 8 million, Ohio becomes the first U.S. state to launch legal online sports betting in 2023, marking a significant opportunity for Gambling.com Group to help operators acquire players.
The 2022 American Gambling Awards recognized leaders in the U.S. regulated online gambling industry. Hosted by Gambling.com Group (Nasdaq: GAMB), the awards culminated in a VIP dinner in New York on December 1. Notable winners included FanDuel Group as Online Sportsbook of the Year and BetMGM as Online Casino of the Year. The awards showcased over 40 finalists judged by distinguished industry experts, with winners receiving the exclusive Golden Eagle trophy, a symbol of achievement in this sector.
Gambling.com Group (Nasdaq: GAMB) has announced that FanDuel Group has been awarded the title of “Online Sportsbook of the Year” at the 2022 American Gambling Awards. This accolade recognizes FanDuel’s excellence in customer engagement and innovative promotions, such as Same Game Parlay+. The award highlights FanDuel's effectiveness in enhancing user experience through new withdrawal options and faster transaction processes. CEO Charles Gillespie praised FanDuel's commitment to customer satisfaction as a key differentiator in the competitive U.S. online sports betting market.
BetMGM has been awarded 'Online Casino of the Year' at the 2022 American Gambling Awards, reflecting its leadership in the iGaming sector. With a substantial 30% market share across New Jersey, West Virginia, Pennsylvania, and Michigan, BetMGM's recognition is attributed to its diverse game offerings, effective marketing strategies, and strong organizational growth in 2022. The award emphasizes BetMGM's commitment to innovation and responsible gaming practices, available in the BetMGM app, which recently expanded to Maryland.
The American Gambling Awards have named Underdog Fantasy as the 2022 “Fantasy Sports Site of the Year.” Underdog Fantasy, valued at $485 million, stood out for its unique products and a customer base exceeding six figures. Its NFL “Best Ball” game features a $10 million grand prize, marking a significant increase from previous years. CEO Charles Gillespie emphasized the company's innovative approach to customer experience. As of October 31, 2022, Gambling.com Group operates over 50 websites, solidifying its position in the online gambling industry.
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