Gambling.com Group Acquires Spotlight.Vegas to Expand Nevada Presence

A foreign online gaming company, Gambling.com Group Ltd., has acquired the Las Vegas-based ticket sales platform Spotlight.Vegas. This strategic move aims to enhance the company’s presence in Nevada, despite the state’s restrictions on online gambling. The acquisition was announced in a release detailing the company’s second-quarter earnings, although financial specifics regarding the transaction were not disclosed.

Spotlight.Vegas specializes in selling tickets and marketing events, shows, and experiences in Las Vegas. With this acquisition, Gambling.com Group gains access to a platform that allows it to sell discounted tickets and hotel rooms in Southern Nevada. This initiative aligns with the company’s broader strategy of diversifying its offerings while navigating the complexities of the gaming market in the region.

Charles Gillespie, CEO and co-founder of Gambling.com Group, expressed enthusiasm about the acquisition’s potential to generate increased cash flow. “We continue to deliver on our strategy of building deeper relationships with the end users of all of our websites to increase the monetization of our valuable and expanding consumer audience with additional products and services,” Gillespie stated in the announcement.

In addition to Spotlight.Vegas, Gambling.com Group also owns several other platforms, including RotoWire, BonusFinder, Freebets.com, OddsJam, and OpticOdds. The company operates online casinos that are accessible in North America, the United Kingdom, Ireland, and Europe. While online gambling is not legal in Nevada, this acquisition allows for strategic marketing opportunities in a lucrative entertainment market.

Gillespie highlighted the importance of evolving relationships with both consumers and operator partners. He noted that the goal is not just to provide marketing services but to offer a broader range of products. As the company seeks to expand its footprint within the gambling and entertainment ecosystem, Spotlight.Vegas serves as a scalable technology platform that complements its existing portfolio.

The acquisition is seen as a critical step towards achieving the company’s ambitious target of $100 million in adjusted cash flow. By integrating Spotlight.Vegas into its operations, Gambling.com Group is poised to strengthen its market position while exploring new revenue streams in the competitive gaming landscape.

This acquisition marks a significant development for Gambling.com Group as it looks to solidify its presence in a key market. As the online gaming industry continues to evolve, the company’s focus on innovation and strategic partnerships will likely play a vital role in its future success.