Gambling.com Welcomes RotoWire In Its Biggest Acquisition to Date
This year has been an incredible year for the Gambling.com Group. It became the first (and to date, the only) online gambling affiliate company to be listed on the New York Stock Exchange. It was crowned Affiliate of the Year at the EGR Awards, Casino Affiliate of the Year at the SBC Awards and this week it announced that it has finalised an agreement to purchase Roto Sport, Inc. The transaction is expected to close in January 2022.
Roto Sports operates the popular RotoWire.com site, where players can get expert analysis, news and advice on fantasy sports. RotoWire is a massive presence in the US fantasy sports industry, with over 100,000 paid subscriptions, and more than 17 million website visitors this year. In addition, its partnerships with some of America's largest sports media companies means its content is seen by millions more sports fans.
“Over the past 25 years, Peter and the RotoWire team have produced some of the best fantasy sports content in America and have in turn embedded their business into the heart of the American sports experience,” said Charles Gillespie, Chief Executive Officer of Gambling.com Group.
According to the Gambling.com Group's official press release , the aggregate purchase price is $27.5 million, which will be paid in cash and shares. RotoWire will become one of the Gambling.com brands alongside PokieSource, Bookies.com, Bookmakers.co.uk, and several other respected brands. The acquisition of RotoWire will give Gambling.com a greater reach in the US, and aid its growth in the sports betting market. In return, Gambling.com's expertise will help to take RotoWire to the next level.
Peter Schoenke, President of RotoWire and past-Chairman of the Fantasy Sports & Gaming Association, said, “The United States is entering a whole new world of sports fandom and combining forces with Gambling.com Group will accelerate RotoWire’s growth. Gambling.com Group’s resources and experience will help RotoWire rapidly advance its sports betting offerings to take full advantage of this new era.”