Gambling.com Group Soars with 39% Revenue Surge

Gambling.com Group has experienced remarkable success in the first quarter, boasting a 39% year-on-year revenue increase that reached $40.6 million. This impressive performance is driven by strategic acquisitions and diversification in services, positioning the company well for future growth.

• Gambling.com Group’s quarterly revenue saw a 39% increase, reaching $40.6 million.
• Sports data services revenue surged by 405% to $9.9 million following the Odds Holdings acquisition.
• The company projects record figures for 2025, with recurring subscription revenue expected to exceed 20% of total revenue.

Gambling.com Group’s revenue increase is a direct result of smart acquisitions that have expanded its portfolio significantly. The company’s sports data services, for instance, surged by 405% to $9.9 million after acquiring Odds Holdings, which is the parent company of OddsJam and OpticOdds. CEO Charles Gillespie has confirmed that the group started 2025 with record highs in its marketing business and markedly improved sports data services. In the quarter, subscription services contributed 24% to the overall revenue, and the trend indicates that recurring subscription revenue may exceed 20% of the total revenue in 2025.

Operating expenses rose to $28.4 million due to increased personnel costs and acquisition-related amortization, but free cash flow also improved by 25% to $10.3 million, while adjusted EBITDA increased by 56% to $15.9 million. With projections for 2025 revenue between $170 million and $174 million and adjusted EBITDA ranging from $67 million to $69 million, Gillespie expressed confidence that the company will report record revenue, adjusted EBITDA, and free cash flow in the coming year. This sets Gambling.com apart from other gambling affiliate groups that have been forced to cut costs and reduce staff.

Regulatory changes in Brazil led to customer losses for some competitors, yet brazil’s growing gaming market continue to innovate to retain player engagement. A broader perspective is provided by online gambling patterns by country, which highlight shifting trends in player demographics across different regions. On a related note, the evolution of digital gaming platforms is clear when considering how online gambling has maintained a solid reputation among players across multiple markets.