Gambling.Com Group Ltd Stock Price, News & Analysis

The American Gambling Awards, produced by Gambling.com Group (Nasdaq: GAMB), has named Deutsche Bank and Macquarie Capital as co-winners of the Dealmaker of the Year award for 2024. This recognition is for their joint role as lead financial advisors on the $6.3 billion sale of International Game Technology's (IGT) Gaming and Digital Business to Apollo Funds in July 2024.

The transaction, which replaced a previously announced spin-off and merger with Everi Holdings, resulted from a strategic review initiated by IGT's Board in June 2023. It redefined IGT's future as a pure-play global lottery operator and showcased the winners' expertise in executing complex, cross-border deals in the gaming sector.

This marks Deutsche Bank's second time receiving this award, having first won in 2022. The American Gambling Awards are recognized as a benchmark for excellence in the regulated U.S. online gambling industry.

The American Gambling Awards, produced by Gambling.com Group (Nasdaq: GAMB), has named Maryland State Delegate Vanessa Atterbeary as the 2024 Policymaker of the Year. This recognition highlights Del. Atterbeary's significant contributions to advancing iGaming legislation in Maryland.

Del. Atterbeary's bill is the only iGaming legislation in 2024 to pass one chamber of a state legislature. Her efforts focused on creating a regulatory environment that encourages innovation, ensures community involvement, and balances state revenue generation with local stakeholder and minority participation.

Charles Gillespie, CEO of Gambling.com Group, praised Del. Atterbeary's leadership, vision, and perseverance in advancing Maryland's iGaming legislation despite divided stakeholder groups. Her work is seen as setting Maryland on a path for future success in the iGaming space, supporting job growth, local business participation, and a competitive marketplace.

FanDuel has been named Online Sportsbook of the Year for the third consecutive time at the 2024 American Gambling Awards, produced by Gambling.com Group (Nasdaq: GAMB). This recognition highlights FanDuel's exceptional customer experience and growth in sports betting.

Key achievements include:

• Introduction of 'The Pulse', a curated experience following major sports storylines, resulting in a 15% increase in live Same Game Parlays
• Strategic partnerships with the NFL and NBA driving significant growth
• A 37% year-over-year increase in new customers through a collaboration with the NFL and YouTube TV
• Best start to the NFL season in 2023, with total handle more than doubling and total bet count increasing by 163.4% year-over-year

FanDuel's continued innovation and partnerships solidify its position as America's #1 Sportsbook.

Kambi has been named Platform Provider of the Year for the 2024 American Gambling Awards, produced by Gambling.com Group (Nasdaq: GAMB). This recognition highlights Kambi's commitment to innovation in sports betting, including recent expansions to their product portfolio. Key developments include:

1. Launch of Odds Feed+, offering efficient, low latency odds and bet settlement through a single API integration.
2. Upgrades to their Bet Builder product with in-play and cash-out options.
3. Introduction of Kambi Engage for streamlined access to third-party engagement solutions.
4. Advancements in AI-driven trading through their Tzeract division and Trading Gateway.

Kambi's commercial success is evident with 12 new partnerships signed during the judging period, including contracts with Bally's, LiveScore, and Svenska Spel, solidifying their position as a leading sportsbook platform supplier.

BetMGM (NYSE: MGM) has been named the 2024 "Online Casino of the Year" by the American Gambling Awards for the third consecutive year. This prestigious recognition, presented by Gambling.com Group (Nasdaq: GAMB), highlights BetMGM's leadership in the U.S. online gambling industry.

Key achievements include:

• Launching exclusive titles and first-to-market games, including the world's first online Buffalo slot
• Setting a U.S. record for the largest progressive jackpot at $6 million in New Jersey
• Becoming the exclusive home of NHL, MLB, and NBA-endorsed slot games
• Implementing innovative engagement strategies like the Super Bowl Spins Giveaway
• Expanding partnerships, including with Marriott Bonvoy for enhanced rewards options
• Strengthening responsible gaming initiatives through the GameSense program and partnership with Kindbridge Behavioral Health

Gambling.com Group (Nasdaq: GAMB) has announced over 50 finalists across 12 categories for the 2024 American Gambling Awards. The winners will be evaluated by a distinguished panel of expert judges with US-specific online gambling industry experience. Winners will receive the exclusive Golden Eagle trophy, designed by Gambling.com Group and manufactured by Society Awards.

The awards will recognize achievements in categories such as Online Sportsbook of the Year, Online Casino of the Year, Gaming Product of the Year, and more. Notable finalists include BetMGM, DraftKings, and FanDuel in multiple categories. Winners will be announced starting September 30th, with a celebratory dinner hosted at Torrisi in New York on November 21st.

Gambling.com Group (Nasdaq: GAMB) reported strong Q2 2024 results, with revenue increasing 18% to $30.5 million and net income rising to $6.9 million. The company delivered over 108,000 new depositing customers (NDCs), up 19% year-over-year. Adjusted EBITDA reached $11.2 million, reflecting a 37% margin. Based on these results, Gambling.com Group raised its 2024 guidance, now expecting full-year revenue of $123-127 million and Adjusted EBITDA of $44-47 million. The company also completed the acquisition of Freebets.com and related assets, and continued its share repurchase program.

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.