Gambling.Com Group Ltd Stock Price, News & Analysis

The American Gambling Awards have named Underdog Fantasy as the 2022 “Fantasy Sports Site of the Year.” Underdog Fantasy, valued at $485 million, stood out for its unique products and a customer base exceeding six figures. Its NFL “Best Ball” game features a $10 million grand prize, marking a significant increase from previous years. CEO Charles Gillespie emphasized the company's innovative approach to customer experience. As of October 31, 2022, Gambling.com Group operates over 50 websites, solidifying its position in the online gambling industry.

The American Gambling Awards announced Deutsche Bank as the 2022 "Dealmaker of the Year." This recognition is linked to Deutsche Bank's role as the sole advisor for Caesars Entertainment's acquisition of William Hill PLC for approximately £2.9 billion in April 2021. The deal, which included the subsequent sale of non-U.S. assets to 888 Holdings PLC, significantly influenced the U.S. gaming landscape. Charles Gillespie, CEO of Gambling.com Group (Nasdaq: GAMB), praised the award, highlighting Deutsche Bank’s expertise in complex gaming industry transactions.

Gambling.com Group (NASDAQ: GAMB) announced that Evolution's Lightning Roulette U.S. was awarded the 2022 'Gaming Product of the Year' at the American Gambling Awards. This live game show enhances the classic Roulette experience with advanced multipliers, offering players higher payouts. Evolution, a leader in B2B online casino solutions, has over 600 operators using its products. CEO Charles Gillespie praised the innovative contribution of Lightning Roulette to the online gaming market, emphasizing Evolution's role in setting industry standards.

Gambling.com Group (Nasdaq: GAMB) reported strong Q3 2022 results, with revenue increasing 94% to $19.6 million and Adjusted EBITDA rising 32% to $6.4 million. The company generated free cash flow of $4.9 million, driven by a significant 299% revenue growth in North America, totaling $9.1 million. Additionally, the Board authorized a $10 million share repurchase program. For the full fiscal year 2022, the company maintains its revenue guidance of $71-76 million and Adjusted EBITDA of $22-27 million, reflecting continued growth and operational efficiency.

Gambling.com Group Limited (Nasdaq: GAMB) announced that Kambi has been awarded the 2022 'Platform Provider of the Year' at the American Gambling Awards. Kambi's innovative Bet Builder, launched for the 2021-2022 NFL season, enhances their market position with superior parlay product features. The Group, recognized as a leader in player acquisition services for the online gambling sector, operates over 50 websites globally. CEO Charles Gillespie highlighted Kambi's excellence in sports betting technology, affirming their status as a top supplier in the industry.

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.