Gambling.com Group Acquires Freebets.com and Related Assets from XLMedia

April 2, 2024

Gambling.com Group Limited (Nasdaq: GAMB) completed the acquisition of Freebets.com and related European and Canadian affiliate assets from XLMedia for total consideration of $37.5–$42.5 million. The acquired assets are expected to generate approximately $10.0 million of revenue and $5.0 million of incremental Adjusted EBITDA through the remainder of 2024 and will strengthen Gambling.com Group's presence across European regulated online gambling markets.

Buyers
Gambling.com Group Limited
Targets
Freebets.com and related European and Canadian affiliate assets
Sellers
XLMedia plc
Location
United Kingdom
Transaction Type
Buyout

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