Gambling.com Group Limited reported record financial results for the second quarter ended June 30, 2025. The company achieved record revenue of $39.6 million, a 30% increase year-over-year, and record adjusted EBITDA of $13.7 million, up 22% year-over-year. The marketing business reached all-time highs for Q2 revenue, while sports data services revenue quadrupled to $10 million.
The company announced a definitive agreement to acquire Spotlight.Vegas, an online booking platform for live events and local attractions in Las Vegas. This acquisition, structured with an $8 million upfront cash payment and a performance-based earn-out capped at an additional $22 million, is expected to be accretive to financial results for the full-year 2026. Spotlight.Vegas sold over $30 million worth of tickets in 2024, expanding Gambling.com Group's client base to include land-based operators.
Gambling.com Group updated its full-year 2025 guidance, projecting revenue between $171 million and $175 million, with the midpoint of $173 million representing 36% year-over-year growth. Adjusted EBITDA guidance was set between $62 million and $64 million, with the midpoint of $63 million reflecting 29% year-over-year growth. This guidance incorporates a four-month contribution from Spotlight.Vegas and the anticipated launch of sports betting in Missouri in December, partially offset by weaker search rankings following a recent Google Core algorithm update.
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