Gambling.com subsidiary KAX Media America granted approval by New Jersey DGE to expand deals with operators in state.

KAX Media America Inc., a subsidiary of Gambling.com Group Plc, has been granted approval by the New Jersey Division of Gaming Enforcement (NJDGE) to expand business deals with operators in the state.

The approval follows an application for an Ancillary Casino Service Industry Enterprise License, and will allow the Group to expand its existing commercial agreements with online sports betting, online casino and online poker operations in New Jersey to include components of revenue share in addition to fixed fees and flat fees per referred customer.

Discussing the news CEO of Gambling.com Group Plc, Charles Gillespie, explained:

“At the present moment there is no online gaming market more interesting than New Jersey. The world has been watching the explosive growth in the market since launching sports betting in 2018 and we have been active in the state for over a year.

“This approval allows us to increase our exposure to this lucrative market. Our application for an Ancillary CSIE license should be taken as clear statement of intent for our big plans in New Jersey. It also demonstrates our commitment to working with New Jersey to make the state the model for licensing and regulating affiliates, as more states come online with gaming and sports betting in 2019 and 2020.”

AYO.NEWS says:

This news is an indication of the high hopes operators and affiliates have for the rapidly growing New Jersey online market, and can also be taken as a wider vote of confidence in US online betting in general, for New Jersey is fast emerging as a model for other states as they individually legalise different forms of gambling.