Issuing a corporate update, Stockholm-listed sports betting platform and systems provider Kambi Group Plc has disclosed that it has ‘temporarily suspended’ its contract with Bulgarian operator National Lottery AD. Kambi’s action is undertaken, following National Lottery AD’s ‘voluntary decision’ to hand back its operating licence to Bulgaria’s State Gambling Commission (BGC). Since 2017, Kambi has served as lead sportsbook supplier to …
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Kambi powers JSC Bulgaria’s Molodovan adventure
Stockholm-listed sports betting platform supplier Kambi Group Plc has strengthened its partnership with Bulgarian National Lottery operator JSC securing an ‘extended sportsbook agreement’. The enhanced partnership will see Kambi continue to act as lead sportsbook supplier of JSC’s flagship 7777.bg brand within the Bulgarian market, a contract Kambi has maintained since 2017. In addition, JSC has commissioned Kambi to support …
Read More »Kambi confident that strengthened commercial pipeline will overcome current trading woes
Presenting its Q3 2017 trading update (period ending 30 September), Nordic Nasdaq-listed Kambi Group Plc has detailed a robust corporate performance despite trading against a tough Q3 2016 comparative period featuring the UEFA Euro 2016 Championships. Updating investors, Kambi sustained a positive period revenue performance of €14.8 million, which sees the sports betting platform supplier generate €43 million for its …
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