Gambling.com secures new $50M credit facility

Gambling.com “announced the closing of a new credit facility with Wells Fargo Bank, National Association in the principal amount of $50 million, comprised of a $25 million revolving credit facility and a $25 million term loan facility. The new Credit Facility matures on March 19, 2027, and, subject to approval by Wells Fargo, may be incrementally increased by up to $10 million in the aggregate. The credit facility is expected to be used for general corporate purposes, to settle deferred consideration, and to fund potential growth opportunities.”