In a groundbreaking announcement that has sent shockwaves through the online gambling industry, Gambling.com CEO Charles Gillespie has hailed the company’s “great start” after its affiliate arm posted a record-breaking revenue of $29.2 million in the first quarter of 2022.
The news comes as a significant milestone for the affiliate, which has seen steady growth over the past few years but has now experienced an unprecedented surge in revenue. The staggering figure represents a 52% increase from the same period last year, indicating a remarkable upswing in the affiliate’s performance.
Gillespie, who co-founded Gambling.com in 2006, expressed his elation at the record-breaking revenue, attributing the success to the company’s continued efforts to innovate and adapt to the ever-changing landscape of the online gambling industry. He emphasized the importance of staying ahead of the game and meeting the needs of customers in an increasingly competitive market.
“We are thrilled to see such tremendous growth in our affiliate revenue in the first quarter of this year,” Gillespie said. “It is a testament to the hard work and dedication of our team, as well as our commitment to providing top-quality services to our clients.”
The CEO also highlighted the company’s strategic partnerships and acquisitions as key factors in its success, noting that Gambling.com has expanded its reach and solidified its position as a leading affiliate in the industry.
“We have made significant investments in our technology and marketing capabilities, which have enabled us to reach new audiences and drive revenue growth,” Gillespie added. “We are confident that this is just the beginning of an exciting new chapter for Gambling.com.”
The news has been met with widespread acclaim from industry insiders, with many lauding Gambling.com for its exceptional performance and forecasting even greater success in the future. Analysts have praised the company’s strategic vision and innovative approach, pointing to its ability to adapt to market trends and capitalize on emerging opportunities.
As the online gambling industry continues to evolve and expand, Gambling.com’s record Q1 revenue serves as a clear indication of its strength and resilience in a highly competitive market. With a solid foundation in place and a commitment to excellence, the company is poised to achieve even greater heights in the months and years to come.