The iGaming industry is booming with exciting news as Gambling.com Group announced that they have set a new Q2 revenue record. The online gambling affiliate company reported a revenue increase of 26% year-on-year to €8m for the three months ending June 30.
This milestone for Gambling.com Group comes amidst a growing demand for online gambling services as more people turn to the internet for entertainment. With the rise of online casinos and sports betting platforms, the iGaming industry has seen a surge in popularity, making it a lucrative market for companies like Gambling.com Group.
According to the company’s CEO, Charles Gillespie, the impressive Q2 revenue record is a reflection of their commitment to providing high-quality content and services to their customers. He stated, “We are pleased to report another quarter of record revenue growth as we continue to execute on our strategy of diversifying revenue streams and expanding our global presence.”
In addition to their revenue growth, Gambling.com Group also saw significant increases in other key performance indicators. The company’s EBITDA for Q2 rose by 30% year-on-year to €3.3m, while their adjusted EBITDA margin increased to 41%.
With these impressive financial results, Gambling.com Group is well-positioned to capitalize on the growing iGaming market. The company has a strong presence in key markets such as the United States, Canada, and the United Kingdom, and continues to expand their reach through strategic partnerships and acquisitions.
As the iGaming industry continues to evolve, Gambling.com Group remains a leader in the space, setting new revenue records and solidifying their position as a top online gambling affiliate company. With a focus on innovation and customer satisfaction, the company is poised for continued success in the months and years ahead.