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Gambling.com Group Secures USD 15.5 Million Growth Investment From Edison Partners

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Gambling.com Group Plc (“Gambling.com Group” or the “Group”) today entered into an agreement with Edison Partners (“Edison”) regarding a USD 15.5 million investment into the equity of Gambling.com Group Plc (the “Group” or “Gambling.com Group”). Edison is a growth equity investment firm which manages more than USD 1.4 billion in assets and is based in New Jersey, the new hub of regulated online gambling in America.

The agreement represents one of the most significant deals between a U.S. private equity fund and a performance marketing company focused on online gambling and sports betting. Gambling.com Group is the fastest growing and one of the most awarded leaders in performance marketing for the global online gambling industry with a particular focus on European markets. The Group expects the U.S. market to grow in size to rival that of the current European one in the coming years.

Charles Gillespie, Chief Executive of Gambling.com Group, says, “We have been thoroughly impressed by Edison Partners’ depth of expertise, breadth of knowledge and professional network. We greatly look forward to bringing on Edison as our teammate in our new American journey. Edison is the right partner at the right time, and I expect our collaboration to deliver powerful results. Their investment in the Group validates our thesis that we are the performance marketing and content platform best positioned to benefit from the expansion of regulated online gambling in the United States.”

The addition of Edison Partners to the Group’s list of investors gives the Group a strategic American growth equity partner who will help advance the Group’s objectives, particularly in its home state of New Jersey and throughout its network in the northeastern United States. As the National Football League officially kicks off, 13 states now take legal sports bets, with at least six more slated to take bets in the coming months.

“We are thrilled to enter the online gaming market with our investment in Gambling.com Group,” said Chris Sugden, Managing Partner at Edison Partners. “The company will continue to monetize the large market opportunity in Europewhile increasing investment in the U.S.  Online gaming is expanding significantly as regulations are modified on a state-by-state basis.”

The Group has been executing a comprehensive plan to be the leading performance marketing company within the regulated online gambling sector in the United States since before the invalidation of the Professional and Amateur Sports Protection Act (PASPA) in May 2018. The Group’s flagship website Gambling.com is already active in New Jerseyand Pennsylvania, and the Group is investing substantial resources in Bookies.com to make it the pre-eminent source of sports betting information in the United States. The Group has secured licenses to expand business deals with gambling operators in New JerseyPennsylvania and West Virginia and has broadened its footprint with key management hires, a new office in Charlotte, North Carolina, and by becoming the first sports betting media group to be accepted as members of the Associated Press Sports Editors (APSE).

“Attention to sports gambling in the U.S. is booming, and we are building out a robust content team, offering products to match that interest,” Gambling.com Group Director of North American Content Gerry Ahern said. “On Bookies.com we are providing a real-time lens for sports fans that educates, entertains and informs them as they explore legal wagering options. On Gambling.com we are keeping the audience up to date with industry news and the latest in legislation as more states come online and more fans are served.”

Proceeds will be used by the Group for general corporate purposes with a view to accelerating certain investments in the United States market. 

“With an exceptionally strong brand, robust content creation strategy, player-focused editorial point of view and proven marketing capabilities, Gambling.com Group is well positioned to become the leading provider of new customers to U.S.-based online sportsbook and iGaming operators,” said Gregg Michaelson, Partner at Edison Partners, who will sit on the company’s board of directors after the transaction closes.  “Gambling.com Group founder and CEO Charles Gillespieis an industry leading business operator who brings the same ethical and compliant approach to the U.S. gaming market as he has in Europe.”

The investment by Edison in the Group will be satisfied through a combination of new ordinary shares in Gambling.com Group and through a sale of existing ordinary shares in Gambling.com Group by an existing shareholder. The investment will sit in Edison Partners’ latest fund closed in December 2018, their ninth fund with a size of USD 365 million.

SOURCE Gambling.com Group Plc


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Gambling.com Group Secures USD 15.5 Million Growth Investment From Edison Partners

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Evoplay’s premium titles hit SkillOnNet platform in multiple markets

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Global entertainment brand SkillOnNet has bolstered its already diverse platform by rolling out Evoplay’s cutting-edge games across multiple regulated markets worldwide.

Players at SkillOnNet’s flagship gaming sites like PlayOJO, PlayUZU, and BacanaPlay can now sink their teeth into Evoplay’s award-winning portfolio, including fan-favourite slots such as The Greatest Catch Bonus Buy and Hot Triple Sevens, as well as engaging instant games such as Penalty Shoot-out.

Instant games are especially popular in Brazil – a key market for both companies. SkillOnNet recently entered the newly regulated jurisdiction with its BacanaPlay and PlayUZU brands and sees the Evoplay deal as an opportunity to offer high quality content to the burgeoning Brazilian market.

Jani Kontturi Head of Games at SkillOnNet said: “Evoplay has redefined online gaming with its next-generation instant games and visually stunning slots. Their content is a perfect addition to our platform as we continue expanding into new regulated markets. With Brazil now a big focus, we’re confident that Evoplay’s innovative titles will resonate strongly with players there.”

Ihor Zarechnyi, CCO at Evoplay said: “SkillOnNet is a powerhouse in the industry and shares our passion for innovation and quality. We look forward to a successful partnership that will bring exceptional gaming experiences to players around the globe.”

The post Evoplay’s premium titles hit SkillOnNet platform in multiple markets appeared first on European Gaming Industry News.

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Former Entain exec Jez White joins BetComply

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BetComply, iGaming’s most trusted technical and regulatory compliance firm, has hired the former Entain executive Jez White in a new role overseeing safer gambling and sustainability.

White joins BetComply as the firm’s first Safer Gambling & Sustainability Specialist, following more than eight years at Entain, where he served as Director of Player Protection Systems and Analytics. His expertise across responsible gaming, risk management, and player protection technology has been instrumental in shaping industry standards.

In his new position, White will design and implement safer gambling strategies, audit existing safer gambling models and design CRM strategies for BetComply clients.

Daniel Brookes, CEO of BetComply said: “We’re thrilled to welcome Jez, who has been at the very cutting edge of regulated online gaming for many years now. Few, if any, can match his level of expertise, and this is a major coup for BetComply and our partners. His insights and experience will be invaluable as we continue to set new benchmarks in compliance and sustainability.”

Jez White, Safer Gambling & Sustainability Specialist at BetComply, added: “I’m incredibly proud of the advancements made in player protection during my eight years at Entain, and I’m now excited to join BetComply. They have very quickly emerged as the leading compliance firm in our industry, and I’ll be contributing to their vision of creating a safer and more sustainable gaming sector.”

While at Entain, White led the implementation of an industry-leading safe gambling strategy that incorporated pattern recognition models and real-time interaction technology.

BetComply has been expanding its senior team over recent weeks. In February, Paola Menchem was brought in to lead its legal and regulatory compliance services.

The post Former Entain exec Jez White joins BetComply appeared first on European Gaming Industry News.

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Darts Player Prakash Jiwa Gets Eight-year Ban for Match Fixing

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Darts player Prakash Jiwa has been banned from all Darts Regulation Authority (DRA) events for eight years after being found guilty of match-fixing and betting on darts.

The UK Gambling Commission’s Sports Betting Intelligence Unit (SBIU) supported the investigation by facilitating information gathered in the course of its enquiries.

Following a hearing before the DRA Disciplinary Committee on 21 January 2025, Jiwa was found guilty of fixing four matches and betting on darts. He was found not guilty of obstructing the enquiry.

The Committee has suspended him from playing in or being involved in any DRA-regulated events until 6 November 2031, provided he pays costs of £17,741.46 in full.

There is no suggestion that the other players in these matches were involved.

John Pierce, Commission Director of Enforcement, said: “All betting customers in Britain should have confidence that bets placed with licensed gambling businesses are on markets that are fair and free from betting-related corruption.

“Our Sports Betting Intelligence Unit works closely with partners such as the Darts Regulation Authority to support sporting integrity investigations and combat match-fixing. This decision sends a clear message that betting-related corruption in sport will not be tolerated.”

The post Darts Player Prakash Jiwa Gets Eight-year Ban for Match Fixing appeared first on European Gaming Industry News.

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