Gambling.com gains clearance to launch in West Virginia and Pennsylvania

The KAX Media American subsidiary of affiliate marketing giant Gambling.com has secured approval to launch its services in Pennsylvania and West Virginia.

KAX Media America will now be able to enter into commercial agreements with online sports wagering, casino and poker operators who are licensed in the states.

The approvals, which cover revenue share arrangements, have been granted by the Pennsylvania Gaming Control Board and the West Virginia Lottery.

Gambling.com chief executive, Charles Gillespie, said: “We will seek the necessary licenses and approvals in all US states that decide to properly regulate online gambling with a mobile offering and a competitive landscape.

“As the American market grows, it’s critical to have resources like Gambling.com and Bookies.com in the conversation to steer consumers toward the safe and regulated gaming environment.

“With a massive population of die-hard sports fans, Pennsylvania will surely become one of the largest sports betting markets in the US.”

Earlier this year, Gambling.com was also approved to establish revenue sharing partnerships with licensed operators in New Jersey.

The states are among the first movers following New Jersey, to enable legal and regulated sports betting since the invalidation of the Professional Amateur and Professional Sports Protection Act (PASPA)in May of 2018.

With the news of the West Virginia and Pennsylvania expansion being confirmed for Gambling.com, its expected to add added revenue, at their quarterly report for the three months ended March 31 2019 showed that, Gambling.com Group Plc recorded a 52 per cent increase in year-on-year growth.

The groups Q1 report showed that its revenues had jumped from $3.86m in 2018 up to $5.85m, while also recording an organic growth rate of 50 per cent, making up 98 per cent of the total growth.

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