Tag Archives: Kambi Group

Kambi rebalances network in Q3 as new deals brighten future prospects 

SBC News 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 …

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More momentum for Kambi as Rank Group renews sportsbook deal

Kambi

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, …

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Kristian Nylén: Kambi’s strong product pipeline came to fruition in Q2

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 …

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Abios selected to power Dragoni sportsbook and esports platform

GG.BET amps up LatAm standing with Gaules esports partnership

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 …

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Abios and GRID aim to ‘unlock full potential’ of esports betting

GG.BET amps up LatAm standing with Gaules esports partnership

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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Kambi strikes hot Puerto Rico deal with Liberman Media

SBC News Kambi strikes hot Puerto Rico deal with Liberman Media

Kambi Group continues to expand its Latin American profile, securing a new sports betting supplier agreement with the Liberman Media Group (LMG) of Puerto Rico. The partnership will see Kambi serve as the lead sportsbook solutions supplier for ApuestaPR, an online sportsbook brand that will be leveraged to Puerto Rican audiences via the Teleonce television network. ApuestaPR aims to become …

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Ondiss deal enables Kambi to expand Argentina sportsbook presence

SBC News Ondiss deal enables Kambi to expand Argentina sportsbook presence

Kambi Group will provide its sportsbook solutions services to the BetWarrior, Casino Magic and Casino Club brands under exclusive supplier partnerships. The arrangements with the three Argentinian online betting and casino firms came about as a result of the Swedish company’s multi-year deal with player account management (PAM) platform Ondiss. Provisions of the multi-channel contract enabled Kambi to partner with …

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Nylén increases shareholding in Kambi as business becomes hot property

Kambi

Kambi Group CEO Kristian Nylén has increased his personal shareholding in the company by 22,500 shares, as the firm seeks to secure greater control of its future strategic direction.  Nylén used the current exercise window to gain all of his 22,500 share options based on the 2018 buyback programming, thereby boosting his shareholding in Kambi from 720,000 to 742,500. The …

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Anders Ström fund bulks up shareholding in Kambi to 20%  

SBC News Anders Ström fund bulks up shareholding in Kambi to 20%  

Veralda Group, the investment fund of sports betting pioneer Anders Ström, has executed a series of share buys to increase its ownership in Kambi Group Plc.  This afternoon, Kambi disclosed that Veralda had completed three back-to-back tranches of Kambi transactions on the Stockholm Nasdaq, authorised between 27 October and 19 November 2021. It said: “Veralda Investment Ltd acquired 777,624 shares …

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Kambi strengthens Dutch footprint with BetEnt deal

Kambi strengthens Dutch footprint with BetEnt deal

Ahead of the Dutch market opening on 1 October, Kambi Group has signed a multi-year partnership with BetEnt to support the launch of its BetCity.nl-branded online sportsbook. Through the agreement, BetCity.nl will benefit from access to Kambi’s technology and sports betting offer, as well as its experience with compliance and sports integrity.   Kristian Nylén, CEO of Kambi, said: “Kambi is …

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