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 Limited (Nasdaq: GAMB) is a provider of marketing and sports data services for the global online gambling industry, and its news flow reflects activity across regulated iGaming and sports betting markets. Company announcements highlight developments in its marketing services, sports data offerings and portfolio of more than 50 gambling-focused websites.
News about Gambling.com Group often covers financial results, including revenue from marketing services and sports data services, as well as metrics such as new depositing customers and recurring subscription revenue. The company reports on initiatives to diversify traffic sources for its marketing business and investments to expand sports data products under brands like OddsJam, OpticOdds and RotoWire.
Readers can also expect updates on market expansion and regulatory milestones. For example, the Group has announced readiness to support legal online sports betting launches in new U.S. states through state-focused sites such as BetMissouri.com and through its OpticOdds sports data division. These updates describe how the company works with Missouri-licensed or other state-licensed operators and provides real-time odds, data and marketing services.
Another recurring theme in GAMB news is industry recognition and thought leadership. Gambling.com Group produces the American Gambling Awards, which recognize platform providers, data service providers, gaming products, regulators and policymakers in the regulated U.S. online gambling sector. Press releases detail award winners and highlight developments in responsible gaming, regulatory enforcement and technology.
In addition, the Group’s Casinos.com and other brands publish content-driven announcements, such as the Slots Hall of Fame and player-voted awards for slot games. Together, these news items provide insight into Gambling.com Group’s role in connecting consumers with regulated gambling experiences and in spotlighting trends across the online gambling ecosystem.
Investors and industry followers can use this news feed to monitor GAMB’s financial performance, acquisitions, product evolution, regulatory developments and broader contributions to the online gambling industry.
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.
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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