Tag Archives: Kambi Group Plc

Abios obtains five-year B2B permit to deliver esports solutions in Sweden

Abios obtains five-year B2B permit to deliver esports solutions in Sweden

Esports data and technology solutions provider Abios has obtained a B2B permit to deliver its products and services to operators licensed in Sweden, the company confirmed in a statement today.  The Stockholm-based, wholly-owned subsidiary of Kambi Group plc, has obtained a five-year permit to provide esports solutions. It will run until 30 June 2028, subject to regulatory requirements from Spelinspektionen, …

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Kambi expands US footprint with Potawatomi Casinos & Hotels

SBC News Kambi expands US footprint with Potawatomi Casinos & Hotels

Kambi Group plc has announced an omni-channel sportsbook partnership with Potawatomi Casinos & Hotels – a multi-property operator with locations in Milwaukee and Carter, Wisconsin. Potawatomi will now open the first sportsbook in Milwaukee, which is set to become  European sportsbook technology supplier’s 22nd live US state, including 20 self-service kiosks along with additional kiosks at a second location in …

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Kambi clears Q4 peak comparatives to deliver 93% FY profit growth 

SBC News Kambi clears Q4 peak comparatives to deliver 93% FY profit growth 

Kambi Group Plc has praised its diverse market make-up for  helping the sportsbook systems provider maintain year-on-year growth, irrespective of pandemic circumstances impacting its commercial pipeline.  Publishing its Q4 trading update, Kambi registered corporate revenues of €35 million, down 26% on corresponding 2020 results of €47 million. Q4 trading was matched against record-breaking 2020 comparatives for sportsbook clients. Performance was …

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Kambi leads sportsbook makeover of Island Luck Bahamas

SBC News Kambi leads sportsbook makeover of Island Luck Bahamas

Kambi Group Plc has expanded its commercial reach to the West Indies after becoming the exclusive online sportsbook platform provider of The Bahamas’ Island Luck casino.  Founded in 2009, Nassau-based Island Luck casino operates as the largest gambling enterprise licensed by the Gaming Board of The Bahamas. Kambi has secured a multi-year agreement to redevelop and re-launch Island Luck’s new …

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Kambi appoints ‘strategy pro’ Cecilia Wachtmeister as Business VP

SBC News Kambi appoints 'strategy pro' Cecilia Wachtmeister as Business VP

Stockholm-listed sports betting platform and software supplier Kambi Group Plc has confirmed the appointment of current board member Cecilia Wachtmeister as Executive Vice President of Business and Group Functions. A seasoned executive in tech enterprise and commercial development strategies, Wachtmeister has formerly advised the Kambi board since 2017. Wachtmeister is the former VP of Global Account management for Sony Mobile (2016-2018)and ten-year …

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Kristian Nylén – Strong 2018 sees Kambi maintain its upward trajectory

SBC News Kristian Nylén - Strong 2018 sees Kambi maintain its upward trajectory

Publishing its Q4 2018 trading statement, Stockholm-listed sports betting technology provider Kambi Group Plc has reported that 2018 was “the most successful year in its history” following the group’s expansion into further regulated markets supported with solid growth across its commercial pipeline. Kambi reported that its trading period ending in December 2018 was that of a ‘record’, with its year-on-year …

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Kambi seeks to become ‘clutch player’ of NBA betting

SBC News Kambi seeks to become 'clutch player' of NBA betting

Stockholm-listed sports betting platform and software provider Kambi Group Plc views the start of the new NBA season as yet another early pacesetter for the liberalised US betting market. The technology group has revamped its entire NBA markets inventory, seeking to bring new betting dynamics to the unique sport of basketball. Kambi states that it has developed the sector’s most comprehensive …

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Kambi in full swing for ‘record breaking’ Ryder Cup 2018

SBC News Kambi in full swing for 'record breaking' Ryder Cup 2018

Sports betting platform and software supplier Kambi Group Plc has expanded its golf-related inventory ahead of the start of the Ryder Cup 2018 (27-30 September). Anticipating a record-breaking handle across its partner network, the Stockholm-listed technology supplier has rolled out an in-depth range of pre-match and in-play betting markets for its customers on both sides of the Atlantic. Hosted bi-annually, …

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DraftKings appoints Kambi as US sportsbook lead

SBC News DraftKings appoints Kambi as US sportsbook lead

Stockholm-listed sports betting technology and software supplier Kambi Group Plc continues its strong US commercial momentum confirming that it has secured a multi-year services agreement with leading US fantasy sports operator DraftKings. Issuing a short statement, Kambi governance confirms that DraftKings has selected its technology platform as the lead system for its upcoming US sports betting market expansion. “The agreement, …

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Kambi confident that strengthened commercial pipeline will overcome current trading woes

SBC News 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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