Saturday, November 04, 2006

Online gambling operator gambling.com is reportedly looking to accelerate
its international expansion strategy outside of the US, following the
release of figures which highlight a year-on-year tax profit growth of 400
percent to £2.5 million in the year to September 2006. Gambling.com's parent
company Media Corporation plc has targeted accelerated international
expansion, outside the US, as one of its key goals. The company, which has
been listed on London's Alternative Investment Market (AIM) since May 2001,
recently re-branded from Gaming Corporation to better reflect the company's
advertising and online businesses. Gambling.com CEO Justin Drummond
explained that the company's cash revenue and the relative success of the
Group's media and advertising businesses during 2006 meant it was 'now well
placed to grow both organically and via acquisition.' Drummond said, 'In
line with the company strategy of dominating search in specific vertical
markets, our vision for Gambling.com is to encompass all our customer's
requirements in the most informative and efficient way possible - whether
they're searching for online casinos, the latest sporting odds or hotels in
Vegas."