{"id":8460,"date":"2025-01-06T06:51:10","date_gmt":"2025-01-06T06:51:10","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2025\/01\/06\/gambling-com-group-finalizes-160m-acquisition-of-oddsjam-parent-company\/"},"modified":"2025-01-06T06:51:10","modified_gmt":"2025-01-06T06:51:10","slug":"gambling-com-group-finalizes-160m-acquisition-of-oddsjam-parent-company","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/01\/06\/gambling-com-group-finalizes-160m-acquisition-of-oddsjam-parent-company\/","title":{"rendered":"Gambling.com Group Finalizes $160M Acquisition of OddsJam Parent Company"},"content":{"rendered":"<div>\n<p>The parent business of sports betting odds comparison website OddsJam, Odds Holdings, Inc., has <a href=\"https:\/\/igaming.org\/casino-news\/gambling-com-group-announces-160-million-acquisition-of-oddsjams-parent-company\/\">formally been acquired by Gambling.com Group<\/a>. Completed on January 1, 2025, the transaction went \u201cas planned and on schedule,\u201d representing a major turning point in the group\u2019s expansion strategy.<\/p>\n<p>The purchase supports the Gambling.com Group\u2019s 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.<\/p>\n<p><em>\u201cThe completion of this acquisition underscores Gambling.com Group\u2019s ability to execute strategic transactions efficiently and without delay,\u201d<\/em> the company said in a statement.<\/p>\n<h2><strong>Enhanced Offerings with Real-Time Odds Data<\/strong><\/h2>\n<p>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.<\/p>\n<p><em>\u201cThe Odds Holdings platform, powered by state-of-the-art technology for real-time odds data, strengthens the company\u2019s position as a leader in the global online gambling ecosystem,\u201d<\/em> Gambling.com Group added. The platform handles over one million requests per second, processing several terabytes of data daily across nearly 300 sportsbooks.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>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\u2019s success through the end of 2026.<\/p>\n<p>gaming.com Group hopes to strengthen its position in the online gaming industry by integrating OddsJam\u2019s 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.<\/p>\n<p>This acquisition underscores Gambling.com\u2019s dedication to innovation and leadership in the ever-evolving realm of online sports betting, as the company continues on its upward trajectory.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/gambling-com-group-finalizes-160m-acquisition-of-oddsjam-parent-company\/\">Gambling.com Group Finalizes $160M Acquisition of OddsJam Parent Company<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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 \u201cas planned and on schedule,\u201d representing a major turning point in the group\u2019s expansion strategy. The purchase supports the Gambling.com Group\u2019s long-term objective of achieving adjusted EBITDA [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8460","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8460"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8460\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}