GAMB - Gambling.com Group is expected to see quick boost from Roto Sports deal

Jefferies sees upside for Gambling.com Group Limited (GAMB -4.1%) after the company struck a deal to acquire Roto Sports for $27.5M. Analyst David Katz thinks the M&A move was not a surprise give the guidance from management and expects the deal to be strategically and EPS accretive in the first year. "More importantly, we expect longer term upside to be meaningful as the company ramps up the affiliate business under the brand. With more deals expected near-term, we maintain our view that GAMB is among the most interesting and profitable plays on the rapidly growing US digital market." GAMB is thinly covered on Wall Street but has a clean sweep of bull ratings.

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Gambling.com Group is expected to see quick boost from Roto Sports deal