Tag Archives: Kambi Group

US drive helps Kambi record ‘successful’ Q3

Kambi

Publishing its Q3 2019 trading update (period ending 30 September), Kambi Group has detailed strong progress on its regulated market agenda combined with the strengthening of its US commercial pipeline. Despite trading on a ‘quiet sporting calendar’ competing against World Cup 2018 comparatives, Kambi has recorded a 12% increase in Q3 2019 revenues to €23.million, up from €20.5m in Q3 2018, and …

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Strengthened global profile helps Kambi maintain growth momentum

Stockholm-listed sports betting platform provider Kambi Group Plc has attributed its success during Q2 2019 to a growing number of partnerships across both Europe and the US, despite facing ‘tough comparatives including the 2018 football World Cup’. Recording a revenue figure of €21.6m, a jump from the previous figure of €17.6m, Kambi has moved towards forging new partnerships across European markets.  …

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Busy Kambi confident on 2019 outlook

Stockholm-listed sports betting platform and systems provider Kambi Group Plc has detailed a strong opening to 2019 trading, recording a 28% group revenue increase to €21 million (Q1_2018: €16.5m). Updating investors, Kambi maintains its positive momentum detailing that client operator growth has improved by 46%. The Stockholm enterprise continues to strengthen its commercial pipeline, signing two new operator contracts during …

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Kambi Group – Leaders Webinar – Delivering on Bet-Builder’s True Capacity

Webinar

Powering a diverse range of betting tier1 operators across multiple markets, Stockholm-listed Kambi Group Plc has to deliver and maintain an optimal betting suite meeting its partners’ high demands. Hosting an exclusive ‘SBC Leaders Webinar’  (Wednesday – 3 April) Kambi Group’s Chief Product Officer Mattias Eriksson and Chief Commercial Officer Max Meltzer detail the product journey (from concept-to-delivery) of Kambi’s next generation …

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Kindred sticks with ‘trusted hand’ Kambi Group for NJ sportsbook provisions

Stockholm-listed online gambling firm Kindred Group Plc has confirmed that it has extended its sports betting platform agreement with Kambi Group Plc, servicing its upcoming New Jersey property. Inbound for 2019, Kindred will launch its first US-centric online gambling property operating under the domain of its flagship Unibet brand. Making its US debut in the Garden State, Unibet US will …

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Kambi confirms ATG deal as Sweden prepares for fresh regulation

Kambi has completed a deal with Swedish horse racing operator AB Trav och Galopp (ATG) for the provision of its multi-channel Sportsbook and services. The agreement follows a competitive tender process, with Kambi’s strong track record in regulated markets, cutting-edge technology and powerful operator empowerment capabilities helping secure its selection. The multi-year deal comes as Sweden prepares to adopt a new regulatory …

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Kambi Group initiates strategic virtual sports investment

Kambi has announced an enhancement of its sportsbook platform, via a strategic investment in gaming start up Virtus Sports. The deal, concluded for £500,000 (€565,000), sees Kambi take a stake of just over 25% in the firm, with the investment paid in net cash, which as of December 31 of last year stood at €26.9m. Under the terms of the …

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En Marche! Kambi extends Belgium vision with Napoleon Games

Industry sportsbook platform and technology supplier Kambi Group Plc, has confirmed that it has secured a multi-year contract extension with Belgian partner Napoleon Games. Kambi informs that Napoleon Games a client since 2012 has agreed to a long-term commitment utilising Kambi as its lead systems supplier for its online and retail betting provisions. Updating the market, Kristian Nylén Kambi Group Chief …

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Kambi continues regulated market strategy with Sun International deal

Kambi Group has signed a ‘multi-channel agreement,’ to provide its sportsbook and technology services to gaming and hospitality group Sun International. The South Africa facing online sportsbook currently operate SunBet.co.za, and will migrate to the Kambi end-to-end sports betting solution, supported by a Bede Gaming backend platform, before launching into additional markets. Kristian Nylén, CEO of Kambi, said: “We are …

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Ian Freeman – Kambi – “Outsourcing model is aligning with market forces”

The continued expansion of regulated markets coupled with increased tax burdens has shifted the sports betting industry to favour third-party solutions, according to Kambi Group Chief Commercial Officer Ian Freeman. Speaking exclusively to SBC, Freeman highlighted the growth enjoyed by its long-term customer 888sport, with which Kambi extended its partnership deal on Wednesday, as proof the ‘outsourcing model has never been so relevant’. “The …

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