Gambling.com Group Updates Earnout Terms in Odds Holdings Acquisition

Reuters2025-12-30
Gambling.com Group Updates Earnout Terms in Odds Holdings Acquisition

Gambling.com Group Limited has amended the terms of its acquisition agreement with Odds Holdings, Inc. The revised agreement adjusts the earnout payments to be made to Odds Holdings shareholders, setting the 2025 payment at $40 million, discounted by 10% on an annualized basis and payable in cash by the end of 2025. The 2026 earnout payment is also set at $40 million, with an option for early payment at a similar discount rate. Additionally, the amendment allows up to 70% of the 2026 earnout to be paid in Gambling.com Group ordinary shares, an increase from the previous 50%, with the remainder paid in cash.

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