Gambling.com Group reported full-year 2025 revenue of $165.4m, up 30% year on year, according to the company results described in the report. Fourth-quarter revenue rose 31% to $46.2m, while the company recorded a $26.9m quarterly net loss, which the report linked largely to acquisition and asset-valuation accounting adjustments.
Revenue grew strongly, while acquisition and valuation adjustments contributed to a quarterly net loss.
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Gambling.com lowered its 2026 revenue guidance to €165m–€170m and projected adjusted EBITDA of €45m–€50m. The company reported first-quarter revenue of €40.4m and adjusted EBITDA of €9m, down from €15.9m a year earlier. It said marketing revenue fell 5% year on year and described a restructuring expected to reduce its workforce by roughly a quarter.
The Roundhill Sports Betting & iGaming ETF fell 3.3% during the week covered, while the Nasdaq and S&P 500 reached record highs. The report also cited company results and share moves, including DraftKings’ first-quarter revenue of $1.65bn, up 17%, and Corsair Gaming’s 2026 revenue guidance of $335m to $365m.
The Roundhill Sports Betting & iGaming ETF (BETZ) had fallen 7.7% in 2026 by the report’s publication, while the S&P 500 was up 5.6%, reportedly. The report also cited Rush Street Interactive’s first-quarter results and raised guidance as drivers of its share-price gains, while Robinhood and Playtech were among the biggest weekly decliners.
Analysts reviewed US gaming operators, Brightstar Lottery, artificial intelligence and Gambling.com in notes published on 16 March. J.P. Morgan said recent M&A activity supports gaming valuations, while Truist maintained a Hold view on Brightstar and lowered its 2026 EBITDA estimate for Gambling.com to $51 million from $62 million. Jefferies said operators may expand AI use in customer acquisition, engagement and retention.
Gambling.com Group chief operating officer Kevin McCrystle expects a strong UK market despite higher duties. He said operator departures would still leave a large pool of challenger brands to target.