Tag Archives: Charles Gillespie

Gambling.com outperforms market-&-corporate expectations to elevate 2024 landing

SBC News Gambling.com outperforms market-&-corporate expectations to elevate 2024 landing

Gambling.com has once again raised its full-year 2024 guidance, reinforcing confidence in meeting its commercial and operational targets. The upgrade follows record-breaking Q3 results, with the Nasdaq-listed iGaming media group posting $32m in revenue, a 37% increase from the $23.5m in Q3 2023. During the quarter, Gambling.com’s media network delivered over 116,000 new depositing customers (NDCs) to clients, a 35% …

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Gambling.com ups 2024 earnings target on high Q2 activity

SBC News Gambling.com ups 2024 earnings target on high Q2 activity

Gambling.com Group has upgraded its full-year 2024 guidance, following the highest commercial activity recorded by its media network. The global Nasdaq-listed media group published its Q2 2024 accounts, in which it delivered 108,000 (+18%) new depositing customers (NDCs) to its iGaming clients. Notably, the KPI on NDCs outperformed year-on-year comparatives, which had benefitted from an “atypically strong growth in U.S. …

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Gambling.com finalises acquisition of XLMedia assets 

SBC News Gambling.com finalises acquisition of XLMedia assets 

The acquisition by Gambling.com Group of Freebets.com and all related assets from XLMedia has been completed. Earlier in March, digital marketing and player acquisition provider Gambling.com announced that it will move forward with the purchase of XLMedia’s sports betting and gaming assets across the European and Canadian markets. These include affiliate sites like Freebets.com, WhichBingo.co.uk, Nettiskasinot.com and Vedonlyonti.com. The deal …

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Gambling.com clears 2023 high bar ahead of media expansion

SBC News Gambling.com clears 2023 high bar ahead of media expansion

Gambling.com Group has demonstrated its “capital-efficient business”, achieving all commercial and operating objectives for 2023. Publishing its full-year 2023 accounts this afternoon, the Nasdaq media group confirmed its agreed $42.5m acquisition of FreeBets.com and related European and Canadian market assets from rival publisher XL Media Plc. Prior to the deal announcement, Gambling.com concluded FY2023 trading, achieving peak revenues of $108m, …

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Gambling.com closes on 2023 targets as media partnerships accelerate US growth

SBC News Gambling.com closes on 2023 targets as media partnerships accelerate US growth

Gambling.com Group enters the close of 2023 with confidence, continuing to deliver on accelerated growth targets within North American markets.  Q3 trading saw the igaming media publisher generate corporate revenues of $23.5m, up 19% on corresponding 2022 results of $19.6m. Coping with the trends of a ‘seasonally slow quarter’, period trading saw Gambling.com deliver more than 86,000 (+26%) new depositing …

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Gambling.com ups 2023 guidance on exceptional US prospects 

SBC News Gambling.com ups 2023 guidance on exceptional US prospects 

Gambling.com has raised its full-year guidance on revenue and earnings following what it cited as exceptional H1 trading. Posting its interim H1 2023 results, the global Nasdaq igaming media publisher registered group revenues of $52.7m, reflecting a 48% increase from the 2022 comparative results of $35m. Standalone Q2 results revealed that Gambling.com generated revenues of $26m. Meanwhile, the company doubled …

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Gambling.com launches all new Casinos.com

SBC News Gambling.com launches all new Casinos.com

Gambling.com Group has re-launched the website of Casinos.com, the media publisher’s new affiliate website which seeks to become a leading and trusted review portal for online casino players. Casinos.com was purchased in 2022 by Gambling.com who announced that it had undertaken a ‘six-figure investment’ to acquire the high-value domain. The re-launched Casinos.com will be optimised by Gambling.com SEO and engineering …

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Gambling.com ups 2023 guidance on strong US & UK growth 

SBC News Gambling.com ups 2023 guidance on strong US & UK growth 

Gambling.com Group has raised its full-year guidance as Q1 financial results outperform all business expectations.  A strong opening to 2023 trading saw Gambling.com’s corporate revenues stand at $26.7m, up 36% on previous year comparatives of $19.5m. Headline growth was attributed to the continued expansion of Gambling.com North American portfolio which generated a revenue contribution of $14.1m. Period highlights saw the …

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Gambling.com 2022 growth dragged by heavy tech and sales expenses

SBC News Gambling.com 2022 growth dragged by heavy tech and sales expenses

Gambling.com Group (GAMB) reports robust financial results for 2022, as the Nasdaq affiliate media firm continues to register double-digit growth in its revenue and EBITDA performance. Strong end-of-year trading saw Gambling.com’s revenue more than double year-on-year to $21.3m (Q4 2021: €10.2m), while its Adjusted EBITDA increased by 202% to $6.9m (Q4 2021: €2.3m). Q4 highlights saw its North American media …

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Gambling.com nets US localised partnership with Gannet Co

SBC News Gambling.com nets US localised partnership with Gannet Co

Gambling.com will significantly expand its US sports editorial coverage and expertise by partnering with US multi-media group Gannet Co. The partnership will see Gambling.com supply content for sports enthusiasts while utilizing Gannett’s broad reach across US states through the USA Today network and further localised publishers. The company will incorporate its cutting-edge data science platform and sports betting content on …

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