Latest News
Gambling.com Group Limited Revenue Grows 63% to a Q2 Record of $26.0 Million, Net Income Rises to $0.3 Million and Adjusted EBITDA Increases to a Q2 Record of $9.4 Million

Raises 2023 revenue guidance to $100-$104 million and adjusted EBITDA guidance to $36-$40 million; mid-points imply revenue growth of 33% and adjusted EBITDA growth of 58% over the full year 2022
Gambling.com Group Limited (Nasdaq: GAMB), a leading provider of digital marketing services for the global online gambling industry, today reported record second-quarter financial results for the three months ended June 30, 2023. The company also increased its guidance for full-year revenue and adjusted EBITDA.
Second Quarter 2023 vs. Second Quarter 2022 Financial Highlights
(USD in thousands, except per share data, unaudited)
Three Months Ended June 30, | Change | ||||||||
2023 | 2022 | % | |||||||
Revenue | 25,972 | 15,924 | 63 | % | |||||
Net income for the period attributable to shareholdersĀ (1) | 278 | 56 | 396 | % | |||||
Net income per share attributable to shareholders, dilutedĀ (1) | 0.01 | 0.00 | 100 | % | |||||
Net income marginĀ (1) | 1 | % | ā | % | |||||
Adjusted net income for the period attributable to shareholdersĀ (1)(2) | 6,535 | 3,065 | 113 | % | |||||
Adjusted net income per share attributable to shareholders, dilutedĀ (1)(2) | 0.17 | 0.08 | 113 | % | |||||
Adjusted EBITDAĀ (1)(2) | 9,424 | 3,617 | 161 | % | |||||
Adjusted EBITDA MarginĀ (1)(2) | 36 | % | 23 | % | |||||
Cash flows generated by operating activities | 4,586 | 3,368 | 36 | % | |||||
Free Cash FlowĀ (2) | 8,526 | 2,822 | 202 | % |
(1) For the three months ended June 30, 2023, net income and net income per share include, and adjusted net income and adjusted net income per share exclude, adjustments related to the company’s 2022 acquisitions of RotoWire and BonusFinder of $6.1 million, or $0.17 per share. Similarly, these adjustments totalled $3 million, or $0.08, per share for the three months ended June 30, 2022. See Supplemental Information – Non-IFRS Financial Measures and the tables at the end of this release for an explanation of the adjustments
(2) Represents a non-IFRS measure. See Supplemental Information – Non-IFRS Financial Measures and the tables at the end of this release for reconciliations to the comparable IFRS numbers.
āThe business performed phenomenally in the second quarter with record operating results reflecting another quarter of significant organic revenue growth and strong free cash flow generation,ā the co-founder and Chief Executive Officer for Gambling.com Group Limited, Charles Gillespie, said. āThe growth highlights our success in scaling our North American operations as well as continued growth in our more established markets. New depositing customers rose 60% year-over-year to over 91,000, which helped drive a 63% revenue increase to $26 million, 161% growth in adjusted EBITDA to $9.4 million and $8.5 million of free cash flow.
āDespite North America already being our largest reporting market, it still represents a significant growth opportunity for Gambling.com Group Limited and we remain very confident in our ability to continue to increase market share in existing states as they continue to grow. This expected growth will be complemented by an overall expansion of the addressable market as new states such as North Carolina and Kentucky come online with sports betting and iGaming is authorized in additional states. As we continue to scale our North American operations, Gambling.com Group Limited will benefit from other attractive near and long-term growth drivers including valuable media partnerships with leading domestic digital media publishers, McClatchy and Gannett, and the significant long-term global opportunity provided by the recently launched Casinos.com. In addition, we are well positioned to continue growing in our more established markets where we continue to take market share and have signed our first international media partnership with The Independent for the United Kingdom market.
āWith each quarter of consistent profitable organic growth delivered by Gambling.com Group Limited, we are demonstrating the benefits of what we believe to be the most attractive business model in the industry as we leverage our many growth drivers and capital efficiency. Our excellence in SEO and proprietary data science allows us to consistently generate top-line growth, adjusted EBITDA margins that exceed 30% and strong free cash flow conversion. As a result, we are confident Gambling.com Group Limited will continue to create added value for our shareholders, clients and our valued team members.ā
Second Quarter 2023 and Recent Business Highlights
- Grew North American revenue 115% to $13.4 million
- Delivered more than 91,000 new depositing customers
- Entered into first international media partnership with The Independent, one of the United Kingdomās largest digital media publishers with more than 20 million unique monthly users
- Negotiated a final, deferred consideration payment of ā¬18 million related the acquisition of BonusFinder in exchange for the early termination of the earn-out period, providing the company with the ability to accelerate the realization of synergies
- Repurchased 77,683 ordinary shares at an average price of $9.83 per share
āThe operating leverage we generated on 63% year-over-year revenue growth and 161% adjusted EBITDA growth in the second quarter grew free cash flow growth of 202% to $8.5 million,ā the Chief Financial Officer for Gambling.com Group Limited, Elias Mark, said. āAs a result, we have significant flexibility to simultaneously continue to strategically invest in growth opportunities including the buildout of Casinos.com and the development of our media partnerships and to evaluate strategic transactions that we believe create new shareholder value. Reflecting our strong operating results through the first six months of the year, which outperformed our expectations and our confidence for continued strong performance over the balance of 2023, we are raising our full-year revenue and adjusted EBITDA outlook with the mid-point of the new ranges representing year-over-year growth of 33% and 58%, respectively.ā
2023 Outlook
The company raised its full-year 2023 revenue guidance to between $100 million and $104 million and adjusted EBITDA guidance to between $36 million and $40 million. The companyās guidance assumes:
- Kentucky goes live on September 28 with online sports betting
- Beyond Kentucky, no online sports betting or iGaming going live in any additional North American markets for the balance of 2023
- No contribution from any new acquisitions
- New investments throughout 2023 for the development of Casinos.com and support to our media partners including Gannett, McClatchy and The Independent
- An average EUR/USD exchange rate of 1.095 throughout the remainder of 2023
First Half 2023 vs. First Half 2022 Financial Highlights
(USD in thousands, except per share data, unaudited)
Six Months Ended June 30, | Change | ||||||||
2023 | 2022 | % | |||||||
Revenue | 52,664 | 35,509 | 48 | % | |||||
Net income for the period attributable to shareholdersĀ (1) | 6,873 | 4,542 | 51 | % | |||||
Net income per share attributable to shareholders, dilutedĀ (1) | 0.18 | 0.12 | 50 | % | |||||
Net income marginĀ (1) | 13 | % | 13 | % | |||||
Adjusted net income for the period attributable to shareholdersĀ (1)(2) | 14,086 | 7,551 | 87 | % | |||||
Adjusted net income per share attributable to shareholders, dilutedĀ (1)(2) | 0.37 | 0.21 | 76 | % | |||||
Adjusted EBITDAĀ (1)(2) | 20,097 | 10,719 | 87 | % | |||||
Adjusted EBITDA MarginĀ (1)(2) | 38 | % | 30 | % | |||||
Cash flows generated by operating activities | 11,669 | 6,944 | 68 | % | |||||
Free Cash FlowĀ (2) | 14,732 | 4,186 | 252 | % |
(1) For the six months ended June 30, 2023, net income and net income per share include, and adjusted net income and adjusted net income per share exclude, adjustments related to the company’s 2022 acquisitions of RotoWire and BonusFinder of $7 million, or $0.19 per share. Similarly, these adjustments totalled $3 million, or $0.09, per share for the six months ended June 30, 2022. See Supplemental Information – Non-IFRS Financial Measures and the tables at the end of this release for an explanation of the adjustments.
(2) Represents a non-IFRS measure. See Supplemental Information – Non-IFRS Financial Measures and the tables at the end of this release for reconciliations to the comparable IFRS numbers.
Conference Call Details
Date/Time: Thursday, August 17, 2023, at 8:00 am ET
Webcast: https: //www. webcast-egs .com/gamb20230817/en
US Toll-Free Dial In: 877-407-0890
International Dial In: +1-201-389-0918
To access, please dial in approximately ten minutes before the start of the call. An archived webcast of the conference call will also be available in the News & Events section of the companyās website atĀ Gambling .com/corporate/investors/news-events. Information contained on the companyās website is not incorporated into this press release.
Gambling in the USA
Chris Barranco Joins Quick Custom Intelligence as Director of Business Development

Quick Custom Intelligence (QCI), a leading provider of AI-driven analytics and enterprise solutions for the gaming and hospitality industry, today announced the addition of Chris Barranco as Director of Business Development.
Barranco brings 25 years of experience leading high-performing teams, driving revenue, and building durable client relationships. He is adept at solution-selling methodology and full sales-cycle management, with a proven track record of mentoring top-tier account executives, delivering high-impact presentations, and retaining key accounts. Known for a tenacious approach to new-business development and customer loyalty, Barranco will focus on expanding QCIās market footprint, strengthening the partner ecosystem, and advancing go-to-market execution across QCIās product portfolio.
āIām excited to join the clear market leader and work with the exceptional team at QCI,ā said Chris Barranco, Director of Business Development at QCI. āQCIās commitment to turning data into action aligns perfectly with my approach to helping customers achieve measurable revenue impact. I look forward to working closely with our clients and partners to accelerate growth and deliver exceptional outcomes.ā
āWeāre delighted to welcome an industry veteran of Chrisās caliber to the QCI team,ā said Andrew Cardno, CTO and Co-Founder of QCI. āHis leadership, mastery of solution selling, and passion for customer success will further strengthen our ability to scale, deepen client relationships, and deliver the operational results our customers expect.ā
As Director of Business Development, Barranco will lead initiatives to expand QCIās presence across key markets, refine sales enablement programs, and collaborate with product and customer success teams to ensure a seamless path from discovery to measurable value realization.
Latest News
WSOPĀ® PARADISE 2025 REVEALS FULL TOURNAMENT SCHEDULE WITH NEW EARLY-BIRD PACKAGES

The record-breaking poker festival in the Bahamas adds fresh events and exclusive perks for players booking earlyĀ
The World Series of Poker (WSOPĀ®) today unveiled the complete schedule for the highly anticipated WSOP Paradise 2025, which will take place at Atlantis Paradise Island in the Bahamas from Dec. 4 through Dec. 18. This announcement also introduces two new, limited-availability early-bird packages, designed to provide players with unmatched value and exclusive benefits.
This year’s festival expands on its commitment to high-stakes action with a full slate of 15 WSOP gold bracelet events:
Event |
Date |
Buy-In |
#1 Circuit Championship Mystery Bounty NLH – $5M GTD |
Dec. 4 |
$2.5K |
#2 Triton PLO 6-Handed |
Dec. 4 |
$75K |
#3 Triton PLO Main Event |
Dec. 5 |
$100K |
#4 High Roller Turbo NLH |
Dec. 6 |
$50K |
#5 Triton Invitational – NLH |
Dec. 7 |
$250K |
#6 Super COLOSSUS NLH |
Dec. 7 |
$5K |
#7 Super PLOSSUS PLO |
Dec. 8 |
$10K |
#8 Triton NLH 7-Handed |
Dec. 8 |
$125K |
#9 Triton NLH Main Event |
Dec. 9 |
$100K |
#10 Triton NLH 8-Handed |
Dec. 10 |
$150K |
#11 Super Main Event NLH – $60M GTD |
Dec. 10 |
$25K |
#12 8-Game Mix 6-Handed |
Dec. 11 |
$10K |
#13 High Roller PLO |
Dec. 13 |
$50K |
#14 GGMillion$ NLH – $10M GTD |
Dec. 15 |
$25K |
#15 The Closer NLH Turbo Bounty |
Dec. 16 |
$10K |
This yearās WSOP Paradise features an expanded partnership with Triton Poker, the leading high-stakes tournament operator. In 2024, two gold bracelet events were curated by Triton; the number increases to six in 2025, with WSOP bracelets going to the winners of Event #2 Triton PLO, Event #3 Triton PLO Main Event, Event #5 Triton NLH Invitational, Event #8 Triton NLH 7-Handed, Event #9 Triton NLH Main Event and Event #10 Triton NLH 8-Handed.
To reward early registrants, WSOP is introducing two new early-bird packages for players looking to secure their seats, with both offering massive added value:
-
The $100K Paradise Package – limited to just 500 packages, includes a 13-night stay (Dec. 5 to Dec. 18), complimentary access to the WSOP buffet and a $500 food & beverage room credit. The deposit to secure is $10,000.
-
The $300K VIP Package – includes a 15 night stay (Dec. 3 to Dec. 18), complimentary access to the WSOP buffet, a $1,000 food & beverage room credit plus one Ć” la carte meal from the Triton menu per day. The deposit to secure is $15,000.
For the first time at WSOP Paradise, resort fees are included in the package price, and the room credit is also provided for use throughout the resort. The full package amount must be played in WSOP Paradise events.
GGPoker will once again serve as the exclusive international satellite partner, aiming to send more than 1,000 players to the Super Main Event. WSOP Express and Road to Paradise qualifier tournaments are already underway in the GGPoker tournament lobby. Additionally, over 500 players are expected to qualify for the Circuit Championship through WSOP Circuit gold ring events (running from Jul. 1 through Dec. 2, 2025, both live and online), and ClubGG plans to send more than 400 players to the same event.
In an exciting new partnership, PokerStake will cover up to 50% of the unsold action for Circuit Package winners who choose to list their Super Main Event action on the platform.
āI said last year that a $50M guarantee was crazy, but adding another $10,000,000 on top is absolutely insane! The WSOP is bringing the biggest high rollers and the best poker experience possible back to paradise,” said Daniel Negreanu, GGPoker Global Ambassador. āWith the new Super Mystery Bounty event and the expanded partnership with Triton, this is a can’t-miss festival for players of all levels. I canāt wait to be a part of it.ā
āWith the WSOP Paradise at Atlantis Paradise Island tournament schedule now set, the countdown to The Bahamas IS ON! This yearās lineup delivers an unbeatable mix of world-class events, record-breaking guarantees, and unforgettable poker moments in one of the most iconic destinations on the planet. From seasoned pros to newcomers, players from around the globe will find their place in paradise, and their shot at history,ā added Joe Brunini, Chief Gaming & Customer Development Officer, Atlantis Paradise Island.
WSOP Paradise 2025 will feature a daily live stream from Dec. 12 through Dec. 18 on the WSOP YouTube channel, with CBS Sports Network television coverage planned for distribution in early 2026.
Further details on event structures and schedules will be available on the WSOP+ app. The WSOP reserves the right to cancel, change, or modify the tournament or any tournament event, in part or in whole, without notice. Entry fees will be added to all events, and up to 3% of tournament buy-ins will be withheld for staff and operational costs. Guaranteed events are paid out after deducting the percentage for costs from the total prize pool.
Please follow @WSOP on X (formerly Twitter) and Instagram or check WSOP.com for more event news and updates: wsop.com/news/2025-wsop-paradise.
For more information on WSOP Express, please visit: ggpoker.com/tournaments/wsop-express/.
To book your Atlantis stay at exclusive WSOP rates starting from $199 per night, please visit: atlantisbahamas.com/wsop-in-paradise
eSports
Fighting Game GOAT Justin Wong Joins BASILISK, Scienceās Esports Team

BASILISK, the global esports organization built to champion science, announced the signing of legendary fighting game competitor Justin āJwongā Wong as captain of its newly formed Fighting Game Community (FGC) Division. Wong will lead BASILISKās entry into the FGC by recruiting players, developing community events, and creating FGC – science crossover content.
āJustin isnāt just a competitive genius ā he is a cultural icon and humble leader within the FGC. We are incredibly proud to have him leading our FGC division and support the amazing work he already does for the community,ā said BASILISK co-founder Christopher Bothur.
A nine-time Evolution Championship Series (Evo) Champion and Guinness World Record holder, Wong brings unparalleled FGC credibility and expertise to BASILISK. His reach extends across the entire FGC fandom of millions, and he was immortalized in Evo Moment #37 which has over 100 million views.
As Captain of BASILISK FGC, Wong will leverage BASILISKās data analytics to scout and train the next generation of FGC pros.
āMath is super important to fighting games. Iām excited to join scienceās esports team. Iām passionate about finding promising players with a positive mentality and shaping them into the next big thing. I want to see somebody else in the spotlight after me and help them reach their potential. If we can discover the next world champion, that would be fantastic,ā said Wong upon joining BASILISK.
The signing comes on the heels of BASILISKās new partnerships with The Planetary Society and Caltechās Institute for Quantum Information and Matter (IQIM), announced in July. These collaborations create a powerful bridge between renowned scientific institutions and gamers, which Wong will amplify to his millions of followers and fans.
āJustin is a dream addition to our organization. He exemplifies the dedication and analytical capacity required to be an esports champion or great scientist,ā added BASILISK co-founder Hans Kassier.
Wong becomes the second āGOATā (Greatest of All Time) to join BASILISK, alongside Finnish StarCraft 2 legend Joona āSerralā Sotala, who just captured the SC2 Esports World Cup Championship in July 2025. The signing also creates opportunities for cross-over content with BASILISKās diverse roster, including chess Grandmaster Vincent Keymer and award-winning science communicator Kyle Hill, who brings over 2.5 million followers and a vast network of science enthusiasts to the organization.
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