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Wesley Ward Well-Represented in May 13 Road to Royal Ascot at Gulfstream

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Trainer Wesley Ward, who has saddled 12 winners at Royal Ascot during his remarkable career, will be well represented at Gulfstream Park on May 13 when he sends out legendary former-jockey Steve Cauthen’s Holding the Line for a start in the $100,000 Royal Palm Juvenile and Stonestreet Stables LLC’s Ocean Maid for a run in the $100,000 Royal Palm Juvenile Fillies.

The Royal Palm Juvenile, a five-furlong turf stakes for 2-year-olds, and the Royal Palm Juvenile Fillies, a five-furlong turf stakes for 2-year-old fillies, will both provide their respective winners with an automatic berth into one of six stakes during the June 20-24 Royal Ascot meeting, as well as a $25,000 equine travel stipend for shipping from the U.S. to England. The FTBOA will also offer a $25,000 bonus, above and beyond purse money won, to a Florida-bred winner in addition to the winner’s share of the purse.

These races represent the first-ever U.S. Automatic Qualifiers for the Royal meeting, building top-class international participation at Royal Ascot, boosting global awareness and deeper fan engagement around important industry innovations like the World Pool.

Holding the Line, an Irish-bred son of Soldier’s Call, is prominent in a field of 10 entered for the inaugural running of the Royal Palm Juvenile. Ocean Mermaid, a daughter of Kingman, will face 11 other fillies entered for the Royal Palm Juvenile Fillies. Holding the Line was purchased for $71,070 at the 2022 Tattersalls October yearling sale by Cauthen, ‘The Kid’ who rode Affirmed for a sweep of the 1977 Triple Crown before enjoying a highly successful career riding in Europe.

“He’s a horse purchased over in England. Steve picked him out with the hopes he himself can get back to Royal Ascot. They had him there last year commentating,” Ward said.

Holding the Line is unraced due to the lack of turf opportunities for 2-year-olds at Keeneland this spring. “There was only one race, and every trainer was allowed only one horse in the race if it oversubscribed. That entrant was Fandom,” Ward said.

Ward saddled Stonestreet Stables’ Fandom for a 6 ¾-length triumph on turf April 27 to earn his way to Royal Ascot, and Holding the Line is well prepared for his career debut in the Royal Palm Juvenile. “He’s a beautiful colt. He improved in his workouts at Palm Meadows when he was down in Florida on the grass. He’s bred top and bottom for the turf, so I’m anxious to get him on there,” said Ward by phone from his Keeneland base.

Holding the Line continued his training at Keeneland before shipping to Payson Park, where he breezed three furlongs in 37 seconds Saturday morning. Hall of Famer John Velazquez has been named to ride Holding the Line, who figures to face a stern test in his debut.

Trainer George Weaver entered Dew Sweepers LLC’s Blast Furnace in the Royal Palm Juvenile, as well as unraced No Nay Mets, who was purchased for $335,000 at the OBS April 2-year-olds in training sale. Blast Furnace chased the Ward-trained Fandom at Keeneland in the April; 27 five-furlong maiden special weight race on turf before settling for second, No Nay Mets is a son of No Nay Never, whom Ward saddled for a victory in the 2013 Norfolk at Royal Ascot. Edwin Gonzalez has been named on Blast Furnace, while Luca Panici has the call on Irish-bred No Nay Mets.

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Arindel’s revered breed-to-race farm has Reaper, an impressive 5 ¾-length winner over Gulfstream’s main track April 21, entered to make his turf debut in the Royal Palm Juvenile. Emisael Jaramillo was given the call aboard the homebred son of Brethren. Arindel will also be represented by Tiberian Sun, an unraced homebred son of Brethren. Reaper and Tiberian Sun are two of four Florida-bred entrants eligible for the FTBOA bonus. Jacks or Better Farm Inc.’s Northshore Drive, who finished third behind Reaper, and Iron Horse Racing Stable LLC and Harlow Stables LLC’s Mattingly, an unraced son of Bucchero, are also Florida-bred. Xaverius Racing Corp.’s Praiseworthy, Gerald James and Hall Performance LLC’s Shotgun Pro, and EAC Racing Stable LLC’s Zaino, round out the field.

Ward had been waiting patiently for Ocean Mermaid to make her debut before entering the Great Britain-bred filly in the Royal Palm Juvenile Fillies.

“She’s a turf filly. She was purchased at Tattersalls. Unfortunately, there has been only one turf race in America, that being a colt race. The filly race at Keeneland here was rained off the turf,” Ward said. “Looking for a race with this race in mind from the onset, we sent her down there and had a nice breeze at Payson at my barn there. She’s ready to go.”

Ocean Mermaid breezed on turf at Palm Meadows, Gulfstream’s satellite training facility in Palm Beach County, before putting in four workouts at Keeneland. She breezed three-furlongs in 37.80 at Payson Park Saturday morning. The daughter of Kingman was bought by Barbara Banke’s Stonestreet Stables LLC for $252,546 at the Tattersalls October yearling sale.

“She was purchased to go to Royal Ascot. That was the whole reason for the purchase, as Barbara does each and every year. Bloodstock agent Ben McElroy goes over every year and picks out a few horses that look like Royal Ascot candidates,” Ward said. Velazquez has the call on Ocean Mermaid.

Dew Sweepers LLC’s Crimson Advocate goes into the Royal Palm Juvenile Fillies off a promising debut at Keeneland April 26. The George Weaver-trained daughter of Nyquist raced wide and in traffic before finishing third in a five-furlong maiden special weight race on dirt. Edwin Gonzalez has the call on Crimson Advocate.

Christian Cruz’s She Has Class is the long entrant to have visited the winner’s circle. The Javier Gonzalez-trained daughter of Khozan closed from off the pace to capture her debut in a 4 ½-furlong maiden special weight race on Gulfstream’s main track April 10. She Has Class is one of four Florida-bred fillies eligible for the FTBOA bonus.

Gary Barber and D. J. Stable LLC’s The Myth, an unraced daughter of The Factor trained by Hall of Famer Mark Casse; Robin Kaiser’s Bucchera, an unraced daughter of Bucchero trained by Laura Cazares; and Cornejo Racing LLC’s Girvin Girl, an unraced daughter of Girvin trained by Carlos David; are the other Florida-bred entrants.

D. J. Stables LLC is also represented in the Royal Palm Juvenile Fillies by Fumblerooski, a Kentucky-bred daughter of Liam’s Map trained by Joe Orseno. Double D. Racing’s Turf Rocket, a daughter of More Than Ready, is scheduled to debut for trainer Jeremiah O’Dwyer, who enjoyed international success this season after saddling Sibelius for a victory in the Dubai Golden Shaheen. Arindel’s Kiss, Jeffrey Crooks’ My Sweetheart Dani and Starry Night Racing’s Scootaloo round out the field.

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ACR POKER’S LIGHTNING PKOS DELIVER FAST-PACED TOURNAMENT POKER ACTION AND BIG WINS IN JUST 45 MINUTES

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ACR POKER’S LIGHTNING PKOS DELIVER FAST-PACED TOURNAMENT POKER ACTION AND BIG WINS IN JUST 45 MINUTES

 

Poker players looking for lightning-fast tournament poker action are heading to ACR Poker. The popular global poker site is bringing the heat with Lightning PKOs—a rapid progressive knockout tournament format that delivers high-speed play and big knockout prizes in tournaments that last just 45 minutes.

“If you’re a family man like me, finding time to play tournaments can be a challenge,” said ACR Pro and poker legend Chris Moneymaker. “ACR Poker’s Lightning PKOs are perfect for time-starved players who love fast-paced poker action and big knockout rewards without the long grind. Whether you’re playing on mobile or desktop, there’s 45-minute tournaments running around the clock, making it easy to find a game and join the excitement anytime.”

Running 24/7, Lightning PKOs give players the flexibility to jump into the action at any time. With buy-ins ranging from $0.11 up to $31.50, these tournaments cater to every bankroll while providing the chance to play for instant knockout bounties. With 20 minutes of late registration, players can join on the fly without missing out.

Unlike traditional poker tournaments that can last for hours, Lightning PKOs keep the action moving, with every tournament wrapping up in just 45 minutes. Players start with 10 big blinds and every knockout results in an instant cash prize. With more players joining daily, the prize pools continue to grow, offering even greater rewards in every tournament.

Lightning PKOs are now available as part of ACR Poker’s recently revamped tournament schedule, giving players the chance to jump in and play anytime, anywhere.

In addition to the high-energy Lightning PKOs, players can experience even more action at ACR Poker throughout March and April. The Online Super Series runs until Monday, March 31st, featuring $25 million in guarantees and a $35,000 Leaderboard Contest. Players can also jump into the $12 million guaranteed Dual Venom tournaments starting Sunday, April 13th and secure their $2,650 seat for as little as $0 through the Venom Vault and Venom Fever Satellites.

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Gambling.com Group Reports Fourth Quarter and Full-Year 2024 Results

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Gambling.com Group Reports Fourth Quarter and Full-Year 2024 Results

 

2025 Guidance Mid-points Imply 35% and 40% Year-Over-Year Revenue and Adjusted EBITDA Growth

Gambling.com Group Limited, a fast-growing provider of digital marketing services for the global online gambling industry, today reported financial results for the fourth quarter and full-year ended December 31, 2024.

Charles Gillespie, Chief Executive Officer and Co-Founder of Gambling.com Group, commented, “Our record fourth quarter and full-year results were driven by our team’s prioritization of iGaming across the markets where we operate. Our team delivered outstanding performance in the quarter, especially when compared to the launch driven results in the prior-year period. We anticipate growth and continued market share gains in our performance marketing business across all geographic regions in 2025, including North America. The consolidation of Odds Holdings, Inc. from January 1st marks the start of the Company’s next phase of growth as we layer on sports data solutions to our existing, high-growth, high-margin business. Our competitive positioning is strong across the globe.”

“We capped an active and productive year during which we set the stage for continued strong growth in 2025 and beyond,” said Mr. Gillespie. “In 2024, we extended our record of delivering full-year revenue, Adjusted EBITDA and Free Cash Flow growth with those metrics improving 17%, 33%, and 81%, respectively, year-over-year. In addition, we strengthened our product and market positioning organically as well as through the complementary, accretive acquisitions of Freebets.com and Odds Holdings. With the biggest and most talented team we have ever had and an enhanced product offering, we are making great progress towards our goal of reaching $100 million in annual Adjusted EBITDA.”

Elias Mark, Chief Financial Officer of Gambling.com Group, added, “Fourth quarter revenue and Adjusted EBITDA increased 9% and 39% year-over-year, respectively, and over 80% of Adjusted EBITDA converted to free cash flow, reflecting the continued success of our strategies to optimize the returns from our global portfolio of owned and operated assets. As expected, we generated strong online casino growth across all our geographical regions, while our North American business continued to be resilient against challenging comparables. As reflected in our full-year guidance, we expect to generate significant year-over-year revenue and Adjusted EBITDA growth in 2025, and we are well-positioned to carry this operating momentum forward.”

Financial Highlights Three Months Ended December 31, 2024 vs. Three Months Ended December 31, 2023

(USD in thousands, except per share data, unaudited)

Three Months Ended December 31,

Change

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2024

2023

%

Revenue

35,308

32,530

9

%

Net income for the period attributable to shareholders

7,933

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6,372

24

%

Net income per share attributable to shareholders, diluted

0.23

0.16

44

%

Net income margin

22

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%

20

%

Adjusted net income for the period attributable to shareholders (1)

12,172

8,622

41

%

Adjusted net income per share attributable to shareholders, diluted (1)

0.35

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0.22

59

%

Adjusted EBITDA (1)

14,736

10,569

39

%

Adjusted EBITDA Margin (1)

42

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%

32

%

Cash flows generated by operating activities

13,698

7,140

92

%

Free Cash Flow (1)

13,162

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6,511

102

%

__________

(1) Represents a non-IFRS measure. See “Supplemental Information – Non-IFRS Financial Measures” and the tables at the end of this release for reconciliations to the comparable IFRS numbers.

Fourth Quarter 2024 and Recent Business Highlights

  • Delivered more than 145,000 new depositing customers (“NDCs”)
  • Repurchased 486,312 shares at an average price of $9.80 per share
  • Won Casino Affiliate of the Year at the 2024 EGR Operator Awards
  • Completed accretive acquisition of Odds Holdings, Inc. on January 1, 2025 for initial consideration of $70 million in cash and $10 million in shares
  • Expanded credit facility to $165 million with a new syndicate

Three Months Ended December 31, 2024 Results Compared to Three Months Ended December 31, 2023

Revenue rose 9% year-over-year to a record $35.3 million. The Company delivered more than 145,000 NDCs to clients, a 9% year-over-year decrease reflecting a challenging comparison primarily due to ESPNBet’s launch in 17 markets in the 2023 fourth quarter period.

Gross profit increased 21% to $33.1 million, due to strong revenue growth and a $2.9 million year-over-year decrease in cost of sales related to the Company’s media partnerships.

Total operating expenses increased 21% to $23.3 million, primarily as a result of increased people costs and higher amortization related to the acquisition of Freebets.com and related assets.

Net income attributable to shareholders increased $1.6 million to $7.9 million and net income per share was $0.23 compared to $0.16 in the prior year period. Adjusted net income rose 41% to $12.2 million and adjusted net income per share increased 59% to $0.35.

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Adjusted EBITDA increased 39% to a record $14.7 million, reflecting an Adjusted EBITDA margin of 42% as compared to Adjusted EBITDA of $10.6 million and an Adjusted EBITDA margin of 32% in the prior-year period.

Operating cash flow of $13.7 million compared to $7.1 million in the prior-year period. Free cash flow grew 102% to $13.2 million reflecting growth in net income and Adjusted EBITDA and positive working capital movements in the quarter.

2025 Outlook

Gambling.com Group today reiterated the 2025 full-year revenue and Adjusted EBITDA guidance originally provided on February 19, 2025. The Company expects full year revenue of $170 million to $174 million and Adjusted EBITDA of $67 million to $69 million. The midpoints of the new full year revenue and Adjusted EBITDA guidance ranges represent year-over-year growth of 35% and 40%, respectively, and an adjusted EBITDA margin of 39.5%.

The Company’s guidance assumes:

  • Incremental Adjusted EBITDA contributions of approximately $14.5 million related to the acquisition of Odds Holdings, Inc. that was completed on January 1, 2025.
  • No additional North American markets coming online over the balance of 2025. While online sports betting is expected to begin in Missouri in the second half of 2025, the Company’s guidance policy excludes any benefits from new state launches until such time as a definitive start date is announced by the appropriate regulatory body.
  • An average EUR/USD exchange rate of 1.07 throughout 2025.

Financial Highlights Full Year Ended December 31, 2024 vs. Full Year Ended December 31, 2023

(USD in thousands, except per share data, unaudited)

Year ended December 31,

Change

2024

2023

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%

Revenue

127,182

108,652

17

%

Net income for the period attributable to shareholders

30,679

18,260

68

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%

Net income per share attributable to shareholders, diluted

0.84

0.47

79

%

Net income margin

24

%

17

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%

Adjusted net income for the period attributable to shareholders (1)

42,120

32,207

31

%

Adjusted net income per share attributable to shareholders, diluted (1)

1.16

0.84

38

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%

Adjusted EBITDA (1)

48,691

36,715

33

%

Adjusted EBITDA Margin (1)

38

%

34

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%

Cash flows generated by operating activities

37,638

17,910

110

%

Free Cash Flow (1)

41,582

23,000

81

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%

__________

(1) Represents a non-IFRS measure. See “Supplemental Information – Non-IFRS Financial Measures” and the tables at the end of this release for reconciliations to the comparable IFRS numbers.

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VIP Play, Inc. Announces Uplisting to OTCQB Venture Market Trading

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VIP Play, Inc. Announces Uplisting to OTCQB Venture Market Trading

 

VIP Play, Inc., an experienced mobile gambling operator in the U.S. gaming markets, is pleased to announce that the OTC Markets Group has approved the trading of its common shares on the OTCQB Venture Market (“OTCQB”). The Company’s common shares began trading on OTCQB under the symbol “VIPZ” as of the opening of the market on March 18, 2025.  Uplisting to the OTCQB should provide VIPZ with greater liquidity and a more seamless trading experience for shareholders.

Bruce Cassidy, VIP Play, Inc. CEO & Chairman of the Board, said: “While VIP Play has been trading on the OTC Pink Sheets the last few years, this uplisting to the higher-standard OTCQB is an important milestone for our Company and its Shareholders. We believe this will enhance the visibility and transparency of VIP Play within the investment community, improve our access to institutional capital, and create a more efficient market for investors.”

The OTCQB is a U.S. trading platform operated by the OTC Markets Group Inc. that is designed for early stage and developing U.S. and international companies. Companies are current in their reporting and undergo an annual verification and management certification process.

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