Gambling.Com Group Ltd Stock Price, News & Analysis

Gambling.com Group (GAMB) celebrates Sportradar's recognition as the 2022 'Data Service Provider of the Year' at the American Gambling Awards. This accolade reflects Sportradar's dominance in delivering live odds and data services, with a network covering over 890,000 events annually across 92 sports. Sportradar maintains a 99.9% accuracy rate and serves 98% of U.S. sportsbooks. Charles Gillespie, CEO of Gambling.com Group, praised Sportradar's industry-leading services, while Sportradar's CCO Eduard Blonk highlighted the award as acknowledgment of their commitment to excellence.

The 2022 American Gambling Awards recognized Louis Rogacki, Deputy Director of the New Jersey Division of Gaming Enforcement, as the 'Regulator of the Year.' This accolade reflects the NJDGE's leadership in promoting responsible gaming and achieving record revenues, exceeding $3.87 billion from January to September 2022. Charles Gillespie, CEO of Gambling.com Group (NASDAQ: GAMB), praised Rogacki’s contributions to the state's gaming industry, particularly in internet gaming and sports wagering. Gambling.com Group provides player acquisition services within the regulated online gambling market.

Gambling.com Group Limited (NASDAQ: GAMB) has recognized Senator Joseph Addabbo as the 2022 'Policymaker of the Year' during the American Gambling Awards. Addabbo's leadership in the New York State Senate has significantly advanced gaming regulations, particularly mobile sports betting, generating over $500 million in tax revenue for education and youth sports. He aims to legalize iGaming and support new casino licenses in New York. CEO Charles Gillespie commended Addabbo's efforts, stating that his leadership positions New York as a model for online gambling regulation.

Gambling.com Group Limited (Nasdaq: GAMB) will announce its third-quarter results for the period ended September 30, 2022 after market close on November 17, 2022. Management will host a conference call at 4:30 PM ET to discuss the results, featuring a Q&A session open to the public. The call and webcast will include forward-looking information and will be available for replay on the Company’s website for approximately 30 days. Gambling.com operates over 50 websites across various markets in the online gambling industry.

Gambling.com Group Limited (Nasdaq: GAMB) has announced the finalists for the 2022 American Gambling Awards, recognizing top performers in the regulated online gambling sector. With 12 award categories, winners will be unveiled in November, culminating in a VIP dinner in December in New York. Notable categories include Online Sportsbook of the Year and Gaming Product of the Year. The awards highlight the leaders shaping the American online gambling landscape, with nominations evaluated by industry experts.

Gambling.com Group Limited (Nasdaq: GAMB) announces the return of the American Gambling Awards after a hiatus since 2021 due to Covid-19. Initially launched in 2019, these awards recognize significant achievements in the U.S. online gambling market. The 2022 event will feature 12 categories and culminate in a private VIP dinner at Carbone restaurant in New York City in December. Nominations are open until September 30, 2022, with winners to be announced on November 1, 2022. CEO Charles Gillespie emphasizes the importance of acknowledging industry contributions, particularly in policy development.

Gambling.com Group Limited (Nasdaq: GAMB) is set to provide marketing services to licensed online sports betting operators in Kansas, coinciding with the state's soft launch of legal online sports betting on September 1, 2022. The company launched BetKansas.com in April 2022, offering valuable information for sports bettors. A recent survey revealed that 34.4% of Kansas adults are likely to place legal bets post-launch. This positions Gambling.com Group favorably in a growing market, which adds to the positive momentum in North America's online gaming sector throughout 2022.

Gambling.com Group reported a 53% increase in revenue to $15.9 million for Q2 2022, with North American revenue growth surpassing 300%. The company maintains its full-year revenue forecast of $71-76 million and Adjusted EBITDA of $22-27 million. Despite the seasonal weakness of Q2, Gambling.com generated positive Adjusted EBITDA and Free Cash Flow. The company also launched in Ontario, added over 57,000 new depositing customers, and was included in the Russell 3000 index. However, net income dropped significantly by 98% compared to the previous year.

Gambling.com Group Limited (Nasdaq: GAMB) will release its second-quarter financial results for the period ending June 30, 2022, on August 29, 2022, after market close. The release will be accessible on their investor relations website, followed by a conference call at 4:30 PM EDT that day. Interested parties can participate and access a replay of the call on the company’s site for 30 days. Gambling.com is a leader in player acquisition services for the online gambling industry, operating over 50 websites in 15 markets.