Gambling.com Group layoffs 2026

The leadership read

The 45% stock decline is the more instructive data point than the layoff count. A 25% headcount reduction paired with flat revenue and a swing to loss tells you the business was carrying cost architecture built for a growth trajectory that didn't arrive. The AI-code statistic, 80% of new engineering output, isn't a future ambition; it's the post-hoc justification for a structure that was already unsustainable. The company has now committed publicly to a leaner operating model, which means the remaining organisation must execute against a lowered guidance range with materially fewer people and a technology stack that is still being validated under real production conditions. This is one of 12 layoff signals we have tracked across sectors in the last 90 days. The more directly comparable moves are Luno's 20% cut driven by automation and declining volumes, and Penn Entertainment's concurrent trim of 75-plus Interactive roles consolidating technology leadership. The consistent shape across gaming and digital-platform operators: automation absorbs engineering headcount, regulatory pressure compresses addressable market, and prediction-market platforms (Kalshi reported $14.8B monthly volume in April) structurally redirect demand that sportsbook affiliates once captured. Across companies at this stage, affiliate and media models caught between AI-driven cost compression and structural demand shift, the pattern keeps surfacing pressure on commercial and product leadership that can reposition revenue mix, alongside regulatory and compliance capability capable of operating across multiple shifting jurisdictions simultaneously.