Gambling.com Group reports record third quarter revenue
Gambling.com Group Limited is a rapidly expanding provider of marketing and sports data services for the global online gambling industry, helping operators acquire new customers across multiple markets.
The company recently reported record third-quarter revenue and adjusted EBITDA, driven by strong growth in its sports data services business, which saw a 300% year-over-year increase in revenue. However, the marketing segment faced challenges due to low-quality search results, impacting overall performance.
In the third quarter of 2025, Gambling.com Group achieved a 21% increase in revenue year-over-year, reaching $39 million. The sports data services segment contributed significantly, accounting for 24% of total revenue, while the marketing services revenue remained flat compared to the previous year. Despite a net loss of $3.9 million, the company reported an adjusted net income of $9.3 million, reflecting a 16% decline due to increased interest expenses. The adjusted EBITDA rose by 3% to $13 million, showcasing the company’s resilience amidst market challenges.
Key highlights from the quarter include the acquisition of Spotlight.Vegas, the repurchase of 562,222 shares, and winning the EGR Affiliate of the Year award for the third time. The company also adjusted its full-year guidance, anticipating approximately $165 million in revenue and $58 million in adjusted EBITDA, reflecting continued growth in the sports data services segment despite ongoing challenges in the marketing business.