Penn Entertainment has cut more than 75 employees from its Penn Interactive division, which operates theScore Bet, online casino and social gaming businesses. The layoffs follow previous rounds in November and summer, affecting a unit that previously employed over 500 people. The cuts come despite Penn reporting $1.4 billion in first-quarter revenue, with shares up 10% year to date. CEO Jay Snowden described results as "solid" with "encouraging" signs across the portfolio. Gambling.com Group announced a 25% workforce reduction on Thursday, potentially affecting 150 employees. The company cited AI adoption as a key driver, with 80% of new code now generated by artificial intelligence. The restructuring is expected to save approximately $13 million annually. The layoffs reflect broader industry trends as gambling companies face financial pressure, increasing competition from prediction markets, and embrace AI technology.

Gambling.com Group's analyst consensus fair value has been trimmed to $6.79 from $7.07, a 4% reduction, following mixed fourth-quarter results and softer multi-year guidance. The company faces headwinds from Google algorithm changes and EU and UK regulatory pressures. Bulls highlight the company's adjusted EBITDA beat and new product initiatives aimed at improving search performance. Benchmark, Stifel, Jefferies and Texas Capital maintain Buy ratings, though with reduced price targets. Bears point to FY26 guidance that sits meaningfully below earlier expectations. Truist cut its target to $5 from $6, maintaining a Hold rating. The company issued 2026 revenue guidance of $170 million to $180 million. Leadership changes are planned for May 2026, with Charles Gillespie becoming Executive Chairman and Kevin McCrystle moving to Chief Executive Officer.

Gambling.com Group reported record Q4 revenue, with non-SEO marketing channels exceeding organic search revenue for the first time. The company attributed this shift to persistent Google search ranking challenges and AI-driven spam attacks. The firm positioned its Sports Data Services business, including OpticOdds and OddsJam, as the primary growth engine, whilst identifying prediction markets as a significant expansion opportunity. The company recorded a $14 million non-cash impairment charge related to the Finnish market following regulatory changes. For 2026, Gambling.com anticipates modest top-line growth but year-over-year EBITDA decline due to traffic diversification costs and regulatory headwinds in the UK and Finland. The company expects margin expansion in the second half as CRM activities scale and plans a spring launch for a new marketing product.