Gambling.com Group Completes Acquisition of RotoWire

Rhea-AI Summary

On January 3, 2022, Gambling.com Group Limited (Nasdaq: GAMB) announced the successful acquisition of Roto Sports, Inc., operator of RotoWire.com, enhancing its player acquisition services in the online gambling industry. The acquisition was completed on January 1, 2022, aligning with internal timelines. RotoWire is recognized for its expertise in fantasy sports news and advice. This consolidation aims to accelerate Gambling.com Group's expansion in the U.S. market, with financial integration effective from January 1, 2022.

Positive

• Acquisition of Roto Sports is expected to enhance player acquisition capabilities.
• RotoWire's expertise in fantasy sports could attract new users, boosting revenue.
• The consolidation aligns with strategic U.S. expansion plans.

Negative

• None.

CHARLOTTE, N.C., Jan. 3, 2022  – Gambling.com Group Limited (Nasdaq: GAMB) ("Gambling.com Group" or the "Group"), a leading provider of player acquisition services for the regulated global online gambling industry, today announced the successful completion of its planned acquisition of Roto Sports, Inc. ("Roto Sports"), operator of RotoWire.com ("RotoWire"), a popular provider of expert fantasy sports news and advice.

"We completed the acquisition according to our internal timelines on January 1^st, 2022 and thank the RotoWire team for their professionalism and availability through the holiday period. We will consolidate Roto Sports into our Group Financial Statements from January 1^st, 2022," said Elias Mark, Chief Financial Officer at Gambling.com Group.

Additional information about the acquisition can be found here.

For further information, please contact:
Media: Derek Brookmeyer, Gambling.com Group, media@gdcgroup.com, 616-528-0882 
Investors: Ross Collins, Alpha-IR Group, investors@gdcgroup.com, 312-445-2877

About Gambling.com Group
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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/gamblingcom-group-completes-acquisition-of-rotowire-301452504.html

SOURCE Gambling.com Group

FAQ

What was the date of Gambling.com Group's acquisition of RotoWire?

Gambling.com Group completed the acquisition of RotoWire on January 1, 2022.

What impact does the acquisition of RotoWire have on Gambling.com Group (GAMB)?

The acquisition is expected to enhance player acquisition services and accelerate U.S. market expansion.

Who is the CFO of Gambling.com Group?

Elias Mark is the Chief Financial Officer of Gambling.com Group.

What is RotoWire known for?

RotoWire is known for providing expert fantasy sports news and advice.

How will Roto Sports be integrated into Gambling.com Group?

Roto Sports will be consolidated into Gambling.com Group's financial statements from January 1, 2022.