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Kambi secures Colombia full services deal with Corredor Empresarial

Updating the market, Nordic Nasdaq-listed industry platform and software provider Kambi Group Plc has confirmed that it has secured full services betting provisions contract with Colombian gambling group Corredor Empresarial SA. The partnership will see Kambi become the exclusive platform provider for Corredor’s new online gambling brand BetPlay, servicing the asset with sports betting and casino provisions. Furthermore, Kambi will ... Read More »

Kambi clears WLA Security certification

Updating the market, Nordic Nasdaq-listed European sports betting platform and software supplier Kambi Group Plc (Kambi) has informed that has passed the ‘World Lottery Association Security Control Standard’ certification, underlining its position as the secure choice for both public and private operators. The‘WLA-SCS certification is granted following a comprehensive audit by WLA officials of Kambi security services and client provisions ... Read More »

Tough Opening… Kambi profits & margins impacted by player friendly football results

Nordic Nasdaq-listed industry sports betting platform and software supplier  Kambi Group Plc (Kambi) has declared a difficult start to 2017, as the company’s operating profits and margin were hit by player friendly football results recorded during the final weeks of Q1 2017 (period ending 31 March).  The company had previously sent a communication to investors detail period impacts. Despite posting ... Read More »

Kambi ranks in Financial Times ‘European 1000’ fastest growth index

Stockholm Nasdaq-listed sports betting software and platform provider Kambi Group Plc (Kambi) has been ranked in the top 1000 fastest growing European business enterprises by The Financial Times.   Kambi specialist in sportsbook provisions placed 657 in the inaugural FT 1000 list, which was compiled alongside data provider Statista. Presenting the list, The Financial Times said of the list that innovative ... Read More »

February football winners hurt Kambi Q1 2017 margins

Issuing a market update, the governance of Stockholm Nasdaq-listed Kambi Group Plc has detailed that its Q1 2017 operating margin has been impacted by a ‘high number of player-friendly outcomes’ in European football leagues. Kambi governance points to the 26 February as its nightmare day, when eleven highly backed favourites won their respective football matches. The platform provider further informs ... Read More »

Kristian Nylén – Kambi sets corporate goal of ‘Winning by Outperforming’

Kambi Group Plc Chief Executive Kristian Nylén has stated that 2016 was the perfect period for his firm to test its services against its market competitors, detailing the high wagering activity recorded during the UEFA Euro 2016 football championships (June – July) and Rio Olympics (August). Publishing a forward-looking statement on Kambi’s ‘2016 Annual Report’, Nylen details that corporate governance ... Read More »

Strong commercial pipeline sees Kambi ride out tough 2016 closing

Continuing sector trends, Nordic Nasdaq-listed sports betting platform and software supplier Kambi Group is the latest industry stakeholder to have been impacted by unfavourable sporting results this December. A tough closing to its full-year 2016 performance, saw Kambi record an operating EBIT of €1.8 million down from Q4 2015’s corresponding €3.3 million. The industry supplier detailed that adverse sports results ... Read More »

Kambi furthers Novomatic partnership, supplying Greentube sports betting provisions

Nordic Nasdaq-listed sports betting platform and software supplier Kambi Group (Kambi) has confirmed that it has secured a contract to supply Novomatic digital gaming subsidiary Greentube with online betting provisions. Kambi furthers its relationship with leading gambling technology firm Novomatic, who last October agreed for Kambi to become the lead sports betting supplier for its lottery solutions customers. Partnering with ... Read More »

Kambi enters Mexico with Apuestas Internacionales multi-channel services agreement

Stockholm Nasdaq-listed betting technology and platform provider Kambi Group (Kambi) has expanded into the Mexican gambling market by announcing that it has secured a partnership with Apuestas Internacionales, S.A. to provide multi-channel provisions for its PlayCity subsidiary. Agreeing terms with Apuestas Internacionales, Kambi will become the exclusive supplier of betting solutions to 17 syndicated PlayCity casinos, and provide online betting ... Read More »

Grosvenor Casinos launches new sportsbook with Kambi

Rank Group subsidiary Grosvenor Casinos has confirmed the launch of a new sports betting offering for its online and land-based players. Powered by Kambi following a deal made in January, ‘Grosvenor Sport’ enables punters in Grosvenor land-based sites or online to access various sports betting services and a range of special offers. The product underwent a soft launch this summer, ... Read More »