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

Core Viewpoint - Gambling.com Group Limited (NASDAQ:GAMB) is identified as an oversold stock with a Buy rating and a price target of $8.50, highlighting its potential as a capital-light investment opportunity in the rapidly legalizing US online gambling market [1]. Financial Performance - In Q3 2025, Gambling.com reported a 21% year-over-year revenue increase, reaching $39 million, primarily driven by a quadrupling of revenue in its sports data services segment to $9.2 million, which now constitutes 25% of total revenue for 2025 [2]. - Despite the revenue growth, the company faced challenges in its marketing division, which remained flat year-over-year due to unfavorable search ranking dynamics and poor organic search quality, leading to a downward revision of its full-year 2025 revenue guidance to approximately $165 million [3]. Company Overview - Gambling.com operates as a performance marketing company within the online gambling industry, serving markets in North America, the UK, Ireland, Europe, and internationally [4].