Gambling.com Group said a strong a performance in its expanding North American segment helped it record a 70% rise in revenue during the first quarter of 2022. Gambling.com said growth came both organically and due to acquisitions over the course of the last year. The group, which owns and operates more than 50 websites in seven languages across 15 national markets, also added that North American revenue grew by 544% year-on-year to $10.6m. Despite the revenue growth, adjusted EBITDA was up by just 1% to $7.19m. “The record performance was driven by exceptionally strong growth in North America, particularly in New York, and very solid results in the UK and Ireland measured against our previous best quarter.

Source: The North Africa Journal May 31, 2022 13:51 UTC