Group 1 - Freedom Capital Markets initiated coverage on Gambling.com Group (NASDAQ: GAMB) with a Buy rating and a price target of $8.50, indicating a potential upside of approximately 60% [1] - Gambling.com is recognized as a leading performance marketing and sports data provider for the global online gambling industry, utilizing a portfolio of authoritative websites monetized through player referral fees and recurring subscription revenue [1] Group 2 - The company is characterized as a pure-play, capital-light investment opportunity to gain exposure to the state-by-state legalization of online gambling in the United States [2] - Gambling.com's portfolio of premium domain names and proprietary technology offers a sustainable competitive advantage in a digital landscape increasingly influenced by search engines that prioritize trusted and authoritative content [2] - The disciplined, founder-led management is highlighted as a significant factor supporting long-term execution and success [2]