Gambling.com Group set to take over Las Vegas ticketing platform

Las Vegas sign as Gambling.com secures a deal to acquire Spotlight.Vegas
Image: DimaSid / Shutterstock

Gambling.com Group is continuing its acquisition spree with the pending purchase of an asset that provides entertainment booking in America’s most storied gaming market.

The Dublin-based digital marketing company reached an agreement to acquire online booking platform Spotlight.Vegas in a deal that could fetch up to $30 million. Gambling.com will pay $8 million once the transaction closes and up to an additional $22 million through 2027 based on performance benchmarks for the ticketing platform.

Gambling.com expects its acquisition of Spotlight.Vegas to close in September 2025.

“Since launching Casinos.com, we have wanted to offer more products and services to those users, including tickets,” Gambling.com Group CEO Charles Gillespie told SBC Americas. “Rather than build a ticket platform ourselves, we were able to get our hands on Spotlight.Vegas.”

Spotlight.Vegas is projected to generate $8 million in revenue in FY2026. Gambling.com anticipates the asset to report at least $1.4 million in incremental adjusted EBITDA.

The ticketing platform allows users to purchase tickets for shows and attractions across Las Vegas while also providing hotel booking services. Spotlight.Vegas has a portfolio of more than 40 partners in Sin City. In 2024, its users bought over $30 million in tickets.

“Spotlight.Vegas is a fantastic platform and combined with our deep digital marketing expertise, we think we can seriously grow the business while diversifying revenue with a new set of clients,” continued Gillespie.

Acquisition spree for Gambling.com

Gambling.com’s acquisition of Spotlight.Vegas establishes the company’s footprint in entertainment following recent deals to bolster its presence throughout gaming.

The company added Spotlight.Vegas to its growing list of properties after a series of recent multimillion-dollar acquisitions. In 2024, Gambling.com agreed to acquire Freebets.com and related assets from XL Media in a deal worth up to $42.5 million. The transaction included XLMedia‘s European and Canadian sports betting and gaming assets.

Earlier this year, Gambling.com closed its $160 million acquisition of Odds Holdings, the parent company of consumer-focused subscription brand OddsJam. Gambling.com paid more than $65 million in cash and $10 million in ordinary shares upfront to ink the deal.

Gambling.com also made improvements to an existing asset.

Last month, Gambling.com rebranded its RotoWire brand and debuted a new fantasy tool ahead of the NFL season. RotoWire serves over 80 clients as a sports information platform.

“The reaction is positive and the team [RotoWire] is firing on all cylinders in the lead up to NFL kickoff,” added Gillespie.

Gambling.com also has ownership in OpticOdds and BonusFinder.

Gambling.com shares latest earnings results

Gambling.com is acquiring new properties but is continuing to deliver favorable earnings.

The digital marketing giant reported $39.6 million in revenue in Q2 2025, a 30% increase year-over-year. Gambling.com also improved its adjusted EBITDA during the quarter to $13.6 million. By comparison, its adjusted EBITDA in Q2 2024 closed at $11.2 million.

The results in Q2 2025 were spearheaded by the company’s Marketing segment, which increased revenue by 3% year-over-year to $29.5 million. Meanwhile, Gambling.com’s Data business reported substantial growth with revenue reaching $10 million in Q2 2025.

By comparison, the company’s Data segment posted $2 million in revenue in Q2 2024. Gambling.com’s Data business includes consumer and enterprise subscriptions.

The increase in subscriptions derives from Gambling.com’s recent series of acquisitions, but the new properties have also come at a cost for the company. It reported a net loss of $13.4 million in Q2 compared to a $7 million net income for the same period in 2024.

Looking ahead, Gambling.com estimates full-year revenue to range between $171 million and $175 million. Its adjusted EBITDA is projected to be between $62 million and $64 million. The estimates consider Spotlight.Vegas and Missouri’s sports betting launch.

Gambling.com may also be eyeing the prediction market sector after Gillespie suggested that the company is in active discussions with potential partners about entering the space.

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