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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 (Nasdaq: GAMB), a leading provider of digital marketing services for the online gambling industry, has announced it will release its 2024 second quarter results on Thursday, August 15, 2024, before the market opens. The company will host a conference call and simultaneous webcast at 8:00 a.m. ET on the same day.
During the call, CEO and Co-founder Charles Gillespie and CFO Elias Mark will review the company's financial results and provide a business update, followed by a Q&A session. Both the call and webcast are open to the public and may include forward-looking statements.
Gambling.com Group (Nasdaq: GAMB), a leading digital marketing provider for the online gambling industry, has launched the 2024 American Gambling Awards. This year's program introduces a new category, 'C-Suite Gaming Executive of the Year,' and will be held at Torrisi, a Michelin star restaurant in New York City.
The awards, established in 2019, recognize excellence and innovation in the U.S. online gambling market. It features 12 categories, including Online Sportsbook of the Year, Online Casino of the Year, and Responsible Gaming Award.
Judges panel includes industry leaders like Jason Robins (DraftKings), Amy Howe (FanDuel), and Adam Greenblatt (BetMGM). Key dates are August 5 for nominations, September 13 for finalist announcements, and November 21 for the celebration event.
RotoWire has launched its new app, 'Picks & Props', designed to capitalize on the growing fantasy Pick'em and Player Props market. The app integrates real-time data from major betting and fantasy platforms, offering predictions and recommendations across all fantasy sports.
Peter Schoenke, Co-Founder of RotoWire, highlighted the strong user demand and the app's capabilities in providing top projections, lineups, and player news. The app's features include lines from major sports betting platforms, real-time updates on injuries and playing time, and a user-friendly interface.
In the past 9 months, traffic to RotoWire’s 'Picks & Props' tool increased by 266%, prompting the creation of the standalone app. The app uses four key prediction factors to generate a score for every play, making it easy for users to access recommended fantasy sports picks and predictions. The app is available for both iOS and Android devices.
Gambling.com Group (Nasdaq: GAMB) has announced its participation in four upcoming institutional investor conferences. The events are aimed at engaging with institutional investors and promoting the company's digital marketing services for the global online gambling industry. The conferences are:
1. B. Riley Securities 24th Annual Institutional Investor Conference in Beverly Hills, CA on May 22-23, 2024, represented by Peter McGough, Sr. V.P. Investor Relations & Capital Markets.
2. Craig-Hallum 21st Annual Institutional Investor Conference in Minneapolis, MN on May 29, 2024, attended by Elias Mark, CFO, and Peter McGough.
3. Stifel 2024 Cross Sector Insight Conference in Boston, MA on June 4, 2024, featuring a fireside chat by CEO Charles Gillespie and Peter McGough.
4. Jefferies 14th Annual Consumer Conference in Nantucket, MA on June 17-18, 2024, attended by Peter McGough.
Gambling.com Group reported a record Q1 2024 revenue of $29.2 million, reflecting a 9% year-over-year growth across all regions. The company delivered 107,000 new depositing customers, a 22% increase. Net income rose to $7.3 million, up 11%, with a diluted net income per share of $0.19. Adjusted EBITDA was $10.2 million, with a margin of 35% compared to 40% in Q1 2023. Operating cash flow increased by 24% to $8.8 million, while Free Cash Flow rose by 32% to $8.2 million. However, full-year revenue and Adjusted EBITDA guidance were revised down due to changes in Google's treatment of commercial content.
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