Tag Archives: kambi

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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Bulgaria’s National Lottery picks Kambi for ‘High Expectations’ 7777.bg sportsbook

Nordic Nasdaq-listed industry sports betting platform provider Kambi Group Plc has confirmed that it has entered a services agreement with Bulgarian licensed gaming group National Lottery AD. The agreement will see Kambi become lead betting platform and technology provisions supplier for National Lottery AD’s digital gaming brand 7777.bg, which is considered Bulgaria’s most popular lottery and gaming destination. Last year, …

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Kambi looks forward following strong commercial gains in Q2 2017

Presenting its Q2 2017  corporate performance, Nordic Nasdaq-listed Kambi Group Plc has detailed a “successful trading period” in which the company has strengthened its commercial pipeline with new platform partnerships. As previously noted by Kambi governance severe operating margin declines have impacted Nordic Nasdaq-listed sports betting platform supplier Kambi Group Plc’s Q2 2017 corporate performance.Despite maintaining improved group revenues of …

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Bede Gaming powers up The Rank Group’s digital performance

The Rank Group recently reported 13% digital revenue growth, with a 35% uplift in its Grosvenor Casino brand’s digital performance, and credited Bede Gaming with enhancing its digital platform to generate these significant gains. Having switched to Bede in 2016 from OpenBet, Rank has not only seen strong growth in the digital field but has also achieved greater operational efficiency, …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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