Svenska Spel has finished 2024 trading on a positive note, concluding a transformative year for Sweden’s state-owned gambling group. Publishing its Q4 and FY2024 accounts, Svenska Spel returns to positive trading following significant adjustments to its business due to the government closing its remaining Casino Cosmopol venues in H1 and applying further limits on retail slots. Of significance, in Q4, …
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Kambi targets Abios growth with esoccer bet builder launch
Kambi Group-owned esports data and odds provider Abios has enhanced its esoccer offering with the launch of a bet builder tool. The new launch delivers an extensive suite of features that aims to capitalise on the growing rate of traditional football bets on the Kambi platform. Bet builder bets were at 18% of the total Kambi network handle during the …
Read More »RDP accesses Kambi’s Odds Feed+ prior to Brazil sportsbook launch
Kambi has formed a partnership with Rei do Pitaco (RDP) to supply its new Odds Feed+ product to the daily fantasy sports operator in Brazil. The provider will give RDP access to its ‘extensive library’ of premium odds via a single API integration. In detail, Kambi’s Odds Feed+ enables RDP to select a bespoke package of sports and events to …
Read More »Virgin Bet unlocks ‘next stage of growth trajectory’ via Kambi migration
Kambi Group and LiveScore Group have strengthened their partnership through the migration of the operator’s Virgin Bet brand onto the Kambi sportsbook platform. UK-facing Virgin Bet continues to pursue plans in the region since first launching in 2019, with its migration to the Kambi sportsbook set to unlock the next stage of its growth trajectory. Erik Lögdberg, Managing Director of …
Read More »Abios elects co-founder Anton Janér as new MD
Kambi esports subsidiary Abios has announced the company’s CTO Anton Janér as the new Managing Director, stepping up to replace outgoing CEO Oskar Bonnevier Fröberg. Under the leadership of Fröberg, Abios has grown significantly since its initial inception in the last decade, reaching a high level of prominence in the esports scene. Fröberg also navigated the company through the acquisition …
Read More »Kambi rebalances network in Q3 as new deals brighten future prospects
Kambi Group Plc has reaffirmed its long-term commercial prospects following strong Q3 trading in which it has secured transformative agreements with Svenska Spel and LiveScore Group. Publishing its Q3 2023 trading update, the Stockholm-listed sports betting technology group achieved corporate revenues of €42m, up 15% on Q3 2022 comparatives of €37m. Headline growth was achieved despite Kambi registering a lower …
Read More »More momentum for Kambi as Rank Group renews sportsbook deal
Kambi has kept up the pace with its commercial development in 2023, signing an extension agreement with Rank Group as the latest in a series of partnerships. Rank is a long-running client of the Stockholm-listed betting and gaming supplier, having utilised the firm’s sportsbook product since 2016, including AI-backed trading, a bet builder and horse racing product. The London-listed operator, …
Read More »Kristian Nylén: Kambi’s strong product pipeline came to fruition in Q2
Kambi Group is on target to achieve its 2027 objectives, CEO Kristian Nylén informed investors following the group’s Q2 and H1 trading update, although the firm has noted some financial difficulties encountered over the past six months. Alongside Kambi’s Chief Financial Officer (CFO), David Kenyon, Nylén addressed details in the group’s latest financial statement that operator turnover had a ‘dampening …
Read More »Abios selected to power Dragoni sportsbook and esports platform
Abios, the wholly-owned subsidiary of Kambi Group, has been selected by UK-based esports bookmaker Dragoni to deliver a comprehensive solution for its sportsbook and esports statistics platform. Using real-time data from leading providers and a large team of dedicated traders, Abios will power the sportsbook with in-play markets, player propositions and a large selection of pre-game markets covering the largest …
Read More »Abios and GRID aim to ‘unlock full potential’ of esports betting
Kambi’s esports subsidiary Abios has secured backing for its esports data feeds from GRID Esports, utilising its new partner’s Data Platform to support odds generation. The partnership will enable Abios to integrate GRID’s portfolio of esports titles including Counter Strike: Global Offensive (CS:GO), Dota 2 and Valorant alongside official game data assets, which will be provided to Abios’ B2C partners. …
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