Tag Archives: Kambi Group

Kambi lauds resilience as COVID impacts Q2 figures

Kambi

Sports betting platform and systems provider Kambi Group has lauded its ability to ‘weather COVID-19’s profound impact on the sporting calendar’ as the cancellation of live sports hinders business operations during the quarter. Publishing its Q2 2020 report, Kambi revealed that ‘the combination of resilient betting volumes and a gradual return of major leagues and sports, complemented by significant cost …

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Favourable football results and US expansion drive Kambi Q1 growth

Sports betting platform and systems provider Kambi Group has attributed a period of sustained growth to a ‘strong soccer performance’ and continued US expansion. Publishing its Q1 report for the three month period ended 31 March 2020, Kambi noted a 33% increase in revenues, rising from €21 million in Q1 2019 to €27.9 million. Despite a reduced sports schedule from …

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Kambi membership sees BOS Sweden broaden representation

Kambi

Swedish online gambling trade association BOS has moved to expand and diversify its industry representation after confirming sports betting technology supplier Kambi Group Plc as its latest member. The Stockholm-listed technology group becomes the first dedicated sports betting platform supplier to join BOS ranks. Kambi is recognised amongst the industry’s leading systems suppliers and currently maintains sports betting provisions for a …

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Diversified Kambi delivers on 2019 growth

Stockholm-listed sports betting platform and systems provider Kambi Group Plc has reported a strong close to 2019 trading, which has been driven by a significant increase in partner wagering volumes recorded across its commercial pipeline. Publishing its full-year 2019 accounts, Kambi posted another consecutive quarter of double-digit growth by recording Q4 2019 group revenues of €27m (Q42018: €22m). Meanwhile, its full-year 2019 …

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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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