Gambling.com acquires Casinos.com from Caesars

[The Buzz]

During last week's Gambling.com earnings call, the company announced that it has acquired the Casinos.com domain name from Caesars. Terms of the deal were not shared on the earnings call.

From Domain Investing:

Here’s what Charles Gillespie, CEO of Gambling.com, stated about the acquisition of Casinos.com on the earnings call:

“To continue to best position ourselves for the future of iGaming around the world, we recently completed the acquisition of a superstar marquee domain, which, in our view, is the single most desirable and valuable domain name for companies in our line of business, Casinos.com.

The addition of Casinos.com to our already best-in-class domain portfolio enables us to build another powerhouse global brand alongside Gambling.com using our existing teams, technology and knowhow.”

Since the deal closed in the Fourth Quarter of this year, perhaps the acquisition cost of Casinos.com will be reported in the company’s next quarterly report. In fact, in the company’s quarterly report for activity through September 30th, the company mentioned the acquisition in the section covering events after the reporting period. “In November 2022, the Company acquired the Casinos.com domain name,” the company shared.

It does not appear that Caesars did much with the Casinos.com domain name. Using Archive.org, I can see the domain name was used to forward traffic to Caesars website. Judging by the coming soon page, it looks like Gambling.com has plans to build Casinos.com into a uniquely branded casino-related platform.

Read more here: https://domaininvesting.com/gambling...-from-caesars/

Here is a link to Seek Alpha's recap and recording of the Gambling.com earnings call: https://seekingalpha.com/pr/19027684...o-19_6-million

[wonderpunter]

the metrics of the gambling site are hardly exciting.. where does that income come from?

[Slotsjudge]

what a nice collection of domains

[tallman]

Nice acquisition!

[eenzoo]

the metrics of the gambling site are hardly exciting.. where does that income come from?

What?!

[ocreditor]

I really curious to know how much they paid for it

[eenzoo]

I really curious to know how much they paid for it

Yes, no ... probably the GDP of Mongolia or something.

[ocreditor]

Yes, no ... probably the GDP of Mongolia or something.

Ho dear..

[Pokerface]

Interesting acquisition and group of powerful domain names.

[Gambleer]

Great Acquisitions for Gambling.com ��

[wonderpunter]

What?!

was lookign at the wrong domain lol.. casinos .com

[dannyx]

I have a lot of much better domains and no one at GPWA wants to buy even at $250 :P

[CasinosBroker]

Great acquisition!

[big fish]

Congrats to gambling.com on another great domain acquisition. I think they're stock (GAMB) will be a good investment long term (3-5 years, up to 10 years). Short term it may face some downside as the financial markets are in turmoil. However, with acquisitions like this they're posting themselves for strong & steady long terms growth.

Congrats GDCG!

[onlinegamblers]

Congrats, great domain acquisition! Looking forward to see what they do with it