Gambling.Com Group Ltd Stock Price, News & Analysis

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.

Gambling.com Group Limited (Nasdaq: GAMB) has appointed Peter McGough as Vice President of Investor Relations, effective July 1, 2022. McGough will enhance the Group's investor relations program, communicating its vision to shareholders and the financial community. With over 25 years in finance, he previously worked at Viridian Capital Advisors and Credit Suisse. CEO Charles Gillespie praised McGough's experience, highlighting its potential impact on the Group's investor engagement.

Gambling.com Group Limited (Nasdaq: GAMB) has appointed Michael Quartieri to its board of directors, effective June 30, 2022. Quartieri, who has extensive experience in finance and operations, previously served as CFO at Scientific Games and Dave & Buster’s. He will contribute to the Audit and Nominating & Governance Committees. CEO Charles Gillespie highlighted Quartieri's strong industry background in gaming and mergers as beneficial to the company's growth in online sports betting and iGaming.

Gambling.com Group Limited (Nasdaq: GAMB) is set to join the Russell 3000 Index, effective June 27, 2022, marking a significant milestone for the company following its IPO in 2021. This inclusion enhances its visibility in the U.S. equity markets, expected to increase liquidity and investor awareness. The Russell indexes, which cover the largest U.S. stocks by market capitalization, are widely utilized by investment managers and institutional investors, managing approximately $12 trillion in assets.