Gambling.com Group Ltd (GAMB) has acquired Spotlight.Vegas for up to $30 million to diversify revenue and bolster partnerships with entertainment venues. Analysts predict a 64.05% increase in GAMB's stock price, with a potential upside of 166.78% based on GF Value. The acquisition is a strategic move to enhance and diversify consumer-facing technology offerings.
Gambling.com Group Ltd (GAMB), a prominent player in the online gambling industry, has announced the acquisition of Spotlight.Vegas, a Las Vegas-focused platform offering ticketing, attractions, and hotel booking services. The acquisition is expected to be accretive to the company's 2026 full-year results and is part of Gambling.com Group's broader strategy to diversify its revenue streams and expand its client base.
The acquisition, valued at up to $30 million, will see Spotlight.Vegas integrated alongside Gambling.com Group's existing portfolio of brands, including RotoWire, BonusFinder, and Freebets.com. Spotlight.Vegas provides a one-stop service for visitors to Las Vegas, including access to shows, tourist attractions, and accommodation, thereby aligning with Gambling.com Group's ambition to operate across multiple segments of the gambling and entertainment industry.
According to Charles Gillespie, CEO of Gambling.com Group, the acquisition will provide a new set of clients and revenue opportunities while supporting the group's broader ambition to operate across multiple segments of the gambling and entertainment industry. The company expects the acquisition to be accretive to its financial results for the 2026 full year.
The acquisition comes on the heels of Gambling.com Group's strong Q2 2025 performance, with revenue increasing by 30% year-on-year to $39.6 million and Adjusted EBITDA rising by 22% to $13.7 million. The company reaffirmed its 2025 full-year guidance, which anticipates further growth in both metrics.
Analysts have responded positively to the acquisition. Stifel Nicolaus has reduced its target price for GAMB from $18.00 to $15.00, but maintains a "buy" rating on the stock, indicating a potential upside of 44.51% from its last close. Additionally, GF Value predicts a 64.05% increase in GAMB's stock price, with a potential upside of 166.78%.
The acquisition is a strategic move for Gambling.com Group to enhance and diversify its consumer-facing technology offerings. By expanding into complementary verticals, the company aims to capitalize on new market opportunities and solidify its position in the competitive online gambling and entertainment industries.
References:
[1] https://www.gamblinginsider.com/news/30752/gamblingcom-group-to-acquire-spotlightvegas-in-diversification-move
[2] https://www.marketbeat.com/instant-alerts/gamblingcom-group-nasdaqgamb-given-new-1500-price-target-at-stifel-nicolaus-2025-08-15/
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