Gambling.com Group buys Odds Holdings for up to $160M, enhancing real-time odds data capabilities.

Gambling.com Group will acquire Odds Holdings, parent of real-time odds data platform OddsJam, for an initial $80 million, with potential for another $80 million based on performance. This deal, closing on January 1, 2025, will boost Gambling.com's revenue and include a $100 million debt financing commitment from Wells Fargo. Odds Holdings is expected to achieve $12 million EBITDA and $26 million revenue in 2024.

3 months ago
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