Gambling.com Group Completes Acquisition of Freebets.com and Related Assets [Yahoo! Finance]
Gambling.com Group Limited - Ordinary Shares (GAMB)
Company Research
Source: Yahoo! Finance
of player acquisition services for the regulated global online gambling industry, announced today that it completed the previously announced acquisition of Freebets.com and related assets. The Company anticipates these assets will generate revenue of approximately $10.0 million and incremental Adjusted EBITDA of approximately $5.0 million over the balance of 2024. Charles Gillespie, Chief Executive Officer and Co-Founder of Gambling.com Group, commented, "While expansion of gambling in the U.S. grabs all the headlines these days, many of the industry's most attractive markets remain in Europe, the historical home of the industry. I expect this acquisition to fundamentally change the balance of power within the European online gambling affiliate market and provide Gambling.com Group with a clear path to drive further growth in both our existing European markets as well as new ones. As part of the transaction, we are gaining a number of new colleagues in the region. I look forward to
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GAMB
News
- Gambling.com plots Charlotte expansion as online sports betting takes off [Yahoo! Finance]Yahoo! Finance
- Gambling.com Group Limited (NASDAQ: GAMB) is now covered by analysts at B. Riley. They set a "buy" rating and a $14.50 price target on the stock.MarketBeat
- Gambling.com Group to Report 2024 First Quarter Results on May 16 and Host Conference Call and WebcastBusiness Wire
- Gambling.com Builds Media Strategy With Legacy Newspapers [Yahoo! Finance]Yahoo! Finance
- Saracen Casino requests change in Arkansas law to allow online gambling [Yahoo! Finance]Yahoo! Finance
GAMB
Earnings
- 3/21/24 - Miss
GAMB
Sec Filings
- 4/5/24 - Form 6-K
- 4/2/24 - Form 6-K
- 3/21/24 - Form S-8
- GAMB's page on the SEC website