Tag Archives: Anders Ström

The board of Kambi Group Plc has dismissed rumours suggesting that the Stockholm-listed sports betting technology group is subject to an acquisition by Genius Sports. This afternoon, Chairman Anders Ström issued the following statement: “While Kambi tends not to comment on rumours and speculation, I can confirm that Kambi is not engaged in any such discussions.” During morning trading on …

The board of Kambi Group Plc has confirmed the appointment of Werner Becher as the new CEO of the Stockholm-listed sports betting technology group. Announced this morning, Becher will take charge of Kambi’s leadership from late July, succeeding incumbent Kristian Nylén, who ends his 14-year tenure as Chief Executive. As confirmed by the board: “Becher will officially assume the position …

Anders Ström, Kambi Chair, and Kristian Nylén, Group CEO, have reflected on a year of strategic and operational progress, as 2023 saw a shift in the firm’s business model. Addressing investors, the duo reflected on a year which saw €173.3m in revenue, multiple operator signings and partnership extensions, as well as sportsbook launches, amongst other successes. Speaking of the Stockholm-listed …

Kambi Group plc has announced that it will further utilise the buyback mandate received at the Extraordinary General Meeting on 19 June 2023.  Following on from previous programmes undertaken since the EGM, the Stockholm-listed betting and gaming supplier’s Board of Directors have decided that the buyback programme will run until 20 May 2024, with a total of up to €4m. …

Kambi Group Plc has declared that it has achieved a ‘stronger foundation for growth’, following a difficult close to year-end trading which impacted its full-year 2023 results. Publishing its Fourth Quarter and FY2023 results this morning, the Stockholm-listed sports betting technology group registered a 23% decline in Q4 revenues to €44.3m (Q42022: €58m). The decline in period revenues was attributed …

The board of Kambi Group Plc has announced this morning that Kristian Nylén has expressed his intention to step down as CEO of the Stockholm-listed sports betting technology group. Nylén, who co-founded Kambi in 2010, will resign from leadership duties upon the appointment of a successor, as the Board initiates a search for a new CEO. Having served as Kambi’s …

The Board of Kambi Group Plc has initiated a share repurchase programme following the mandate approved by investors of the Stockholm-listed sports betting technology group at the Extraordinary General Meeting (EGM) on 19 June 2023. Initiated on the morning of the announcement, the buyback programme will run until 21 May 2024, allowing investors to repurchase Kambi Group plc shares up …

Kambi Group plc has appointed Anders Ström as the group’s new Chair of the Board, as Lars Stugemo makes the decision to step down. Stugemo notified the Nomination Committee that he does not intend to seek re-election at the Kambi Annual General Meeting (AGM) 2024. The committee then decided to propose Kambi Co-Founder Anders Ström be appointed as Chair at …

Anders Ström, the enterprise founder of Kindred Group (formerly Unibet Plc) has detailed rifts between him and the former C-level team of the business led by ousted CEO Henrik Tjärnström.  In an interview with Swedish business news source Dagens Industri, Ström – who founded Unibet in 1997 – expressed his dissatisfaction at “being kept in the dark” from key strategic …

Sports betting service Betkwiff has strengthened its standing within the Isle of Man as the company renews its B2C operating licence. The company, launched in 2015 by Anders Ström and Karl Engström – the respective Founder and Co-Founder of Unibet, detailed that it aims to open ‘opportunities for international traffic’ following its renewal. Commencing on his firm’s renewal of its …