Gambling.com Group to Acquire RotoWire
The acquisition of RotoWire will immediately expand Gambling.com Group's U.S. presence and is expected to create immediate accretion to fiscal 2022 earnings.
ambling.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 that it has entered into a definitive agreement to acquire Roto Sports, Inc. ("Roto Sports"), operator of RotoWire.com ("RotoWire"), a popular provider of expert fantasy sports news and advice. The transaction is expected to close in early January 2022 and is subject to customary closing conditions.
The acquisition of RotoWire will immediately expand Gambling.com Group's U.S. presence and is expected to create immediate accretion to fiscal 2022 earnings. The Group will leverage RotoWire's existing audience, content library, talented workforce, media partnerships and trust with U.S. sports fans to further accelerate the Group's already fast-growing business in the U.S. online sports betting market. Gambling.com Group believes that RotoWire's popular digital assets – when combined with the Group's digital expertise and technology platform – will drive substantial, incremental affiliate revenue in the rapidly expanding sports betting environment.
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