Gambling.com Group to Acquire Spotlight.Vegas

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Gambling.com Group, a provider of marketing and sports data services for the gambling industry, has entered a definitive agreement to acquire online booking platform Spotlight.Vegas.

Under the deal, Gambling.com Group will pay an initial $8 million at closing. It will also pay up to an additional $22 million subject to hitting certain performance targets through to 2027.

Las Vegas-focused Spotlight.Vegas helps consumers access experiences such as live events and local attractions through its online booking platform. It has partnerships in place with more than 40 clients including entertainment venues and land-based casinos.

During 2024, Spotlight.Vegas users purchased more than $30 million in tickets.

Gambling.com Group anticipates the acquisition will generate net revenue of at least $8 million in the 2026 full year. This is in addition to incremental adjusted EBITDA of at least $1.4 million.

Diversification for Gambling.com Group

If finalized, the deal will mark Gambling.com Group’s entrance into the Las Vegas land-based entertainment and hospitality market.

“The addition of this custom-built booking platform will help drive further monetization of our audience, expands our client base to include land-based operators and gives our digital professionals a new platform to show off their industry leading marketing talent,” said Charles Gillespie, CEO and co-founder of Gambling.com Group.

“We are confident that we can better operate this asset through optimized marketing spend and improved conversion. Medium- and long-term, we expect to deploy the technology on our owned and operated sites.

“We expect the acquisition of Spotlight.Vegas to be no different and add another entry to our impressive list of successful transactions which create additional shareholder value.”