Anybody out there? Google's Algorithm UpdateToday's drop in share price (on great earnings) was in light of Google's Algorithm Update and reduced forecast. Googles updates will reduce the amount of low-quality content on Search and send more traffic to helpful and high-quality sites.
This is going to impact the outlook for Gamblings partners as a result in the short term.. long term I believe this was shift out low/ai generated content and focus on quality sites like the domains Gambling and it's partners offers. More details below on the algorithm news with examples;
https://www.wordstream.com/blog/2024-google-algorithm-updates#:~:text=For%20example%2C%20we%20recently%20saw,pivot%20their%20SEO%20strategy%20accordingly.