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Gambling.com Group To Acquire Odds Holdings in Accretive Transaction

Dec 12, 2024•over 1 year ago

Contract Type

agreement

DublinGambling

Description

Gambling.com Group has entered into a definitive agreement to acquire Odds Holdings, Inc., the parent company of OddsJam. The initial consideration for the acquisition is $80 million, with the potential for an additional $80 million based on Odds Holdings’ business performance through the end of 2026, and the transaction is expected to be immediately accretive to Gambling.com Group’s operating results.

Company Information

Company

Gambling.com Group

Location

Dublin, Dublin, Ireland

About

Gambling.com Group Limited (Nasdaq: GAMB) is a multi-award-winning performance marketing company and a leading provider of digital marketing services active exclusively in the online gambling industry. The Group operates from offices in Ireland, the United States, and Malta. Through its proprietary technology platform, the Group publishes a portfolio of premier branded websites including Gambling.com and Bookies.com. Founded in 2006, the Group owns and operates more than 30 websites in six languages across 13 national markets covering all aspects of the online gambling industry, which includes iGaming and sports betting. SOURCE Gambling.com Group

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