Freedom Capital Highlights Gambling.com (GAMB) as Capital-Light Opportunity to Leverage US Market Legalization

Gambling.com Group Limited (NASDAQ:GAMB) is one of the oversold stocks to buy now. On December 30, Freedom Capital analyst Egor Tolmachev initiated coverage of Gambling.com with a Buy rating and $8.50 price target. Gambling.com is recognized as a premier performance marketing and sports data provider within the online gambling sector. According to the firm, the company’s shares represent a capital-light, pure-play opportunity for investors to gain exposure to the rapid, state-by-state legalization of the US market.

In Q3 2025, Gambling.com Group Limited (NASDAQ:GAMB) highlighted a 21% year-over-year revenue increase to $39 million. This growth was fueled by the company’s sports data services, which saw revenue quadruple to $9.2 million. The segment now accounts for 25% of total 2025 revenue, driven by the strong performance of enterprise solutions like OpticOdds and consumer platforms such as OddsJam and RotoWire.

Freedom Capital Highlights Gambling.com (GAMB) as Capital-Light Opportunity to Leverage US Market Legalization A wide shot of a casino in night light, picturing the high stakes of iGaming and sports betting.

Despite the top-line success, the group faced significant headwinds in its marketing division, which remained flat year-over-year due to unfavorable search ranking dynamics and poor organic search quality. Consequently, the company revised its full-year 2025 guidance downward to ~$165 million in revenue.

Gambling.com Group Limited (NASDAQ:GAMB) operates as a performance marketing company for the online gambling industry in North America, the UK, Ireland, rest of Europe, and internationally.

While we acknowledge the potential of GAMB to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GAMB and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.