Gambling.com Group a leading provider of digital marketing services active in the global online gambling industry, today announced its operating and financial results for the first quarter ended March 31, 2022.

North American revenue grew 544% to $10.6 million. Delivered 67,000 new depositing customers. For the fiscal year 2022 based on currently available information, Gambling.com Group estimate 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.

Elias Mark, Chief Financial Officer of Gambling.com Group, added, “We saw our accelerated investments in the business during the second half of 2021 start to pay off, and grew revenue 70% to deliver the best quarterly performance in the Group’s history.

The record performance was driven by exceptionally strong growth in North America, particularly in New York, and very solid results in the United Kingdom and Ireland measured against our previous best quarter. Strong underlying organic growth is complemented by our recent acquisitions, which were all performing in-line with, or better than, our initial expectations. We continue to expect another record year for the Group and reiterate our full year guidance.”