igbaffiliate . com
Get involved Tag us @ iGB-Affiliate
15
“ Prioritising M & A from the perspective of businesses which have highly predictable revenue is a priority ”
CHARLES GILLESPIE , GAMBLING . COM GROUP
“ The diminished visibility of media partnerships and search engines directly translates to improved visibility of our owned and operated sites where our margins are substantially better ,” he said .
THE ACQUISITION TRAIL
Gillespie was keen to stress that when it comes to more potential M & A , the company “ remains as picky as ever ”.
“ With our great organic growth , we don ’ t feel like we ’ re under any pressure to do something ,” he added . “ We ’ ve already done a fantastic deal this year with the Freebets . com acquisition , which is trending ahead of expectations .”
He said : “ We are spending a lot of time evaluating opportunities , which are tangential or adjacent to the real-money online gambling affiliate business .
“ There ’ s a broad universe of opportunities for us to sell more things to our existing clients or leverage our existing skills in complementary businesses with similar margins and cash flow characteristics in the gaming space . So we ’ ll be delighted when we announce something , but I can ’ t say any more than that at the moment .”
Gillespie also noted that M & A will “ play a part ” in helping the company reach its long-term goal of $ 100m in EBITDA , alongside the importance of further organic growth , not just from the current market but also from growth markets such as Brazil .
While he said that Brazil and the wider Latin America markets were not big for Gambling . com Group at present , they were still “ interesting ”.
September 2024