Gambling.com Group Limited Ordinary Shares (GAMB)
Gambling.com Group Limited is a digital marketing and lead generation company specializing in the online gambling industry. It operates a network of websites that provide information, reviews, and marketing services to connect users with online gambling operators. The company focuses on customer acquisition and marketing solutions for regulated online betting and gaming markets worldwide.
Company News
Gambling.com Group Limited (GAMB) has agreed to acquire Odds Holdings, the parent company of OddsJam, for up to $160 million. The deal includes an initial $80 million consideration and up to an additional $80 million contingent on business performance through 2026. The acquisition is expected to boost Gambling.com's recurring revenue and expand its market presence.
Gambling.com (GAMB) delivered earnings and revenue surprises of 42.86% and 3.05%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
The stock is up nearly 60% year to date.