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Gambling.com Completes Acquisition of Odds Holdings

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Gambling.com Completes Acquisition of Odds Holdings

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Gambling.com ( (GAMB) ) has shared an update.

On January 1, 2025, Gambling.com Group Limited completed the acquisition of Odds Holdings, Inc., which has since been renamed GDC Odds Holdings, Inc. This strategic acquisition is expected to enhance Gambling.com’s market positioning by integrating Odds Holdings’ operations and financials. The report includes audited financial statements for the year ending December 31, 2024, and unaudited pro forma financial information, reflecting the combined company’s financial status and future potential.

The most recent analyst rating on (GAMB) stock is a Buy with a $19.00 price target. To see the full list of analyst forecasts on Gambling.com stock, see the GAMB Stock Forecast page.

Spark’s Take on GAMB Stock

According to Spark, TipRanks’ AI Analyst, GAMB is a Outperform.

Gambling.com’s strong financial performance and positive earnings call are tempered by bearish technical indicators and the need for careful debt management. The stock’s valuation is attractive, but the lack of a dividend yield is a minor downside. The technical analysis suggests caution due to current market momentum.

To see Spark’s full report on GAMB stock, click here.

More about Gambling.com

Gambling.com Group Limited operates in the online gambling industry, providing services related to online gambling and sports betting. The company focuses on delivering digital marketing services to online gambling operators.

Average Trading Volume: 445,087

Technical Sentiment Signal: Sell

Current Market Cap: $378.1M

See more insights into GAMB stock on TipRanks’ Stock Analysis page.

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