US revenue of 342% drives Gambling.com second-quarter
Gambling.com Group has announced its operating and financial results for the second quarter ended June 30, 2022.
Total revenue will be in the range of $71 million and $76 million; and adjusted EBITDA will be in the range $22 million and $27 million.North American revenue grew 342% to $6.2 million and delivered more than 57,000 new depositing customers.
“We continued to execute on our strategy of rapidly growing our business in North America in the second quarter as the team delivered company-wide revenue growth of over 50% and North American revenue growth over 300%,” said Charles Gillespie, Chief Executive Officer and Co-founder of Gambling.com Group.
“The strength of our business model was also on display, as we continued to deliver strong Adjusted EBITDA and Free Cash Flow despite the second quarter being the seasonally weakest and while investing in the organization to drive future growth. Our view remains that Gambling.com Group offers the best value proposition for online gambling operators’ investments in customer acquisition and we look forward to the second half of the year as we enter the heart of the North American fall and winter sports calendars.”