The parent business of sports betting odds comparison website OddsJam, Odds Holdings, Inc., has formally been acquired by Gambling.com Group. Completed on January 1, 2025, the transaction went “as planned and on schedule,” representing a major turning point in the group’s expansion strategy.
The purchase supports the Gambling.com Group’s long-term objective of achieving adjusted EBITDA of $100 million. To ensure a smooth transfer and uninterrupted operations, key Odds Holdings employees, such as founders Ankit Goyal and Alex Monahan and CEO Matt Restivo, will join the Gambling.com team.
“The completion of this acquisition underscores Gambling.com Group’s ability to execute strategic transactions efficiently and without delay,” the company said in a statement.
Enhanced Offerings with Real-Time Odds Data
OddsJam, the flagship brand of Odds Holdings, offers real-time sports betting odds through a consumer-focused website and app. In addition to its consumer services, Odds Holdings provides enterprise clients with low-latency odds data, enabling rapid and reliable access to betting information.
“The Odds Holdings platform, powered by state-of-the-art technology for real-time odds data, strengthens the company’s position as a leader in the global online gambling ecosystem,” Gambling.com Group added. The platform handles over one million requests per second, processing several terabytes of data daily across nearly 300 sportsbooks.
Up to $160 million was the estimated worth of the purchase. A total of $80 million was paid by Gambling.com Group at first, with an extra $80 million depending on OddsJam’s success through the end of 2026.
gaming.com Group hopes to strengthen its position in the online gaming industry by integrating OddsJam’s cutting-edge technology and variety of revenue sources. In addition to broadening its product line, this action improves its capacity to serve both consumer and business markets.
This acquisition underscores Gambling.com’s dedication to innovation and leadership in the ever-evolving realm of online sports betting, as the company continues on its upward trajectory.
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