Gambling.com Group Ready for Launch of Online Sports Betting in Kentucky with BetKentucky.com
September 27 2023 - 12:00PM
Business Wire
Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group”
or the “Group”), a leading provider of player acquisition services
for the regulated global online gambling industry, today announced
that it is ready to provide marketing services to licensed online
sports betting operators in the state of Kentucky as legal online
sports betting goes live on Thursday, September 28, 2023.
The Group launched BetKentucky.com in April 2022 ahead of the
legal online sports betting market in Kentucky going live to help
sports bettors find trusted, comprehensive and up-to-date
information on sports betting and legislative updates in the
Bluegrass State. With seven approved online sportsbook operators
available on day one -- and one more expected at a later date --
access to comparison websites like BetKentucky.com enables
consumers to read expert reviews of all legal sportsbooks in the
state to help them choose their best option.
Through its portfolio of informational websites, Gambling.com
Group helps operators acquire players, reducing their reliance on
more intrusive forms of advertising. In addition to
BetKentucky.com, the Group is ready to help licensed online
gambling operators in Kentucky with its national and international
websites, including Gambling.com, Bookies.com, RotoWire.com,
BonusFinder.com and USAToday.com, through its media partnership
with Gannett Co. Inc., as well as with the Lexington Herald-Leader
(at Kentucky.com) via its media partnership with The McClatchy
Company and the Louisville Courier Journal (at Courier-Journal.com)
via its media partnership with Gannett.
Kentucky -- with a population of over three million adults --
launched retail sports betting in the state on September 7, with
Governor Andy Beshear announcing brick-and-mortar sportsbooks
posted a handle of over $4.5 million after the first two weekends.
BetKentucky.com in late July commissioned a survey, reporting that
42% of Kentucky adults say they are “very likely” or “likely” to
bet on sports once it is legalized. Kentucky has a strong college
sporting history with college teams at the University of Kentucky,
University of Louisville and others receiving undivided attention
from fans across the state.
Charles Gillespie, Chief Executive Officer of Gambling.com
Group, said, “Kentucky has been one of the quickest states to
launch sports betting after legislative approval, and the Bluegrass
State is taking the right approach by keeping the barriers to entry
low and allowing a variety of operators to enter the market. We
believe that this will foster competition and ultimately benefit
consumers as the operators with the best products rise to the top.
Kentucky has a rich sporting tradition, and Gambling.com Group is
excited to help guide and educate sports bettors in the state to
get the most out of their online sports betting experience.”
“Kentucky allowing sportsbooks to take legal sports bets just as
the NFL season is kicking off and with the MLB postseason on the
horizon is a huge win for sports bettors in the state,” said
Caroline Smart, Vice President at Gambling.com Group. “The
competitive marketplace in Kentucky will guarantee plenty of
choices and opportunities for customers, who can count on our
dedicated websites that feature trusted, comprehensive and
up-to-date information on sports betting as well as reviews of the
legal sportsbooks to provide them all of the resources needed to
navigate these exciting times.”
###
About Gambling.com Group Limited
Gambling.com Group Limited (Nasdaq: GAMB) (the “Group”) is a
multi-award-winning performance marketing company and a leading
provider of digital marketing services active in the online
gambling industry. Founded in 2006, the Group has offices globally,
primarily operating in the United States and Ireland. Through its
proprietary technology platform, the Group publishes a portfolio of
premier branded websites including Gambling.com, Bookies.com,
RotoWire.com and Casinos.com. The Group owns and operates more than
50 websites in seven languages across 15 national markets covering
all aspects of the online gambling industry, including iGaming and
sports betting, and the fantasy sports industry.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, that relate to our
current expectations and views of future events. All statements
other than statements of historical facts contained in this press
release are all forward looking statements. These statements
represent our opinions, expectations, beliefs, intentions,
estimates or strategies regarding the future, which may not be
realized. In some cases, you can identify forward-looking
statements by terms such as “believe,” “may,” “estimate,”
“continue,” “anticipate,” “intend,” “should,” “plan,” “expect,”
“predict,” “potential,” “could,” “will,” “would,” “ongoing,”
“future” or the negative of these terms or other similar
expressions that are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. Forward-looking statements are based
largely on our current expectations and projections about future
events and financial trends that we believe may affect our
financial condition, results of operations, business strategy,
short-term and long-term business operations and objectives and
financial needs. These forward-looking statements involve known and
unknown risks, uncertainties, contingencies, changes in
circumstances that are difficult to predict and other important
factors that may cause our actual results, performance, or
achievements to be materially and/or significantly different from
any future results, performance or achievements expressed or
implied by the forward-looking statement. For a discussion of some
of the risks and important factors that could cause actual results
to differ materially from our expectations, see the risks and other
factors detailed in “Item 3. Key Information - Risk Factors” in
Gambling.com Group’s annual report filed on Form 20-F for the year
ended December 31, 2022, with the U.S. Securities and Exchange
Commission (the “SEC”) on March 23, 2023, and Gambling.com Group’s
other filings with the SEC, as such factors may be updated from
time to time. Any forward-looking statements contained in this
press release speak only as of the date hereof and accordingly
undue reliance should not be placed on such statements.
Gambling.com Group disclaims any obligation or undertaking to
update or revise any forward-looking statements contained in this
press release, whether as a result of new information, future
events or otherwise, other than to the extent required by
applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230927186797/en/
Media: Lucas Smith, Gambling.com Group,
media@gdcgroup.com Investors: Peter McGough, Gambling.com
Group, investors@gdcgroup.com Richard Land, Norberto Aja, JCIR,
GAMB@jcir.com
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