In these analyses, the OGQ takes an in-depth look at the following topic: Analyst recommendations of online gambling companies – Top 20 – March 2025. The research focuses on analyst evaluations of the leading online gambling companies, highlighting short-term shifts and long-term industry rating trends.

Top 20 analysts picks – Q1 2025

This chart shows the analyst recommendations for the 20 leading publicly traded online gambling companies as of March 2025. It provides a clear snapshot of market sentiment based on average ratings.

• Gaming Realms topped the analyst recommendations with a mean rating of 1.3 (“buy”) from three analysts.

• Zeal/Tipp24 (1.4) and Gambling.com (1.6) were the next best-rated companies, indicating strong buy signals.

• Penn National Gaming recorded the lowest recommendation among all companies (2.6, “hold”) but was not shown in the chart.

• The average rating for online-only companies stood at a favorable 1.91 (“outperform”).

• Affiliate companies received slightly lower recommendations, averaging around 2.07, reflecting moderate market confidence.

Development of analyst recommendations of key online gambling companies – Q1 2025

This chart illustrates the trend in analyst recommendations for major online gambling companies between September 2023 and March 2025. It highlights both individual company developments and the overall industry trend.

• The industry average remained stable, hovering around a 2.0 (“outperform”) rating throughout the analyzed quarters.

• Super Group demonstrated the strongest positive development over the past six months among key companies.

• Betsson faced the most significant decline in analyst sentiment compared to its previous evaluations.

• The overall average improved slightly, moving from 1.99 to 1.94, suggesting modest strengthening of industry prospects.

Please find more data and the methodology applied in the current edition of the  OGQ Magazine. Also, find more content in our data section.