Tag Archives: kambi

Kambi gains ‘increased flexibility’ with new buyback programme

Kambi

Kambi Group plc has announced that it will further utilise the buyback mandate received at the Extraordinary General Meeting on 19 June 2023.  Following on from previous programmes undertaken since the EGM, the Stockholm-listed betting and gaming supplier’s Board of Directors have decided that the buyback programme will run until 20 May 2024, with a total of up to €4m. …

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Kambi marches into 2024 with “limitless” supply of products

SBC News Kambi marches into 2024 with “limitless” supply of products

With 2024 shifting into third gear, Kambi had a lot to discuss about its new technologies and market ambitions going forward.  Sarah Robertson, SVP of Sales at Kambi, met SBC Media’s very own Content Director Ted Menmuir at the recent ICE London event to talk about the sportsbook provider’s new motto “Together we are limitless” and some of the plans …

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Kambi to revamp network following unsatisfactory 2023 results 

SBC News Kambi to revamp network following unsatisfactory 2023 results 

Kambi Group Plc has declared that it has achieved a ‘stronger foundation for growth’, following a difficult close to year-end trading which impacted its full-year 2023 results. Publishing its Fourth Quarter and FY2023 results this morning, the Stockholm-listed sports betting technology group registered a 23% decline in Q4 revenues to €44.3m (Q42022: €58m). The decline in period revenues was attributed …

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Kambi and PENN shake hands on retail sportsbook deal extension

SBC News Kambi and PENN shake hands on retail sportsbook deal extension

Kambi Group plc has inked a new deal with PENN Entertainment that extends their previous sportsbook platform agreement past the July 2024 expiry date.  Now lasting until 31 December 2025, the partnership will enable Kambi to continue supplying PENN’s retail US casinos with its sportsbook solutions lineup, such as kiosks, point-of-sale terminals, odds boards, and Bring Your Own Device technology. …

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Kambi signs Inspired as exclusive virtual sports provider 

SBC News Kambi signs Inspired as exclusive virtual sports provider 

B2B gaming company Inspired Entertainment has signed a new agreement with sports betting firm Kambi Group plc to integrate the Inspired Virtual Sports product suite into the latter’s sportsbook platform. The agreement to sign Inspired as an exclusive virtual sports partner was reached after a ‘rigorous competitive procurement process’ undertaken by Kambi. For Inspired, company CEO and President Brooks Pierce …

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Shape Games’ Ulrik Restorp: empowering partners through tailored solutions

SBC News Shape Games’ Ulrik Restorp: empowering partners through tailored solutions

Ulrik Restorp, SVP of Products at Shape Games, took time out with SBCNews ahead of ICE London to share how the company aims to empower its partners through tailored solutions and help them create immersive and tailored experiences for their distinct markets.  ________________ In the dynamic landscape of the igaming industry, Shape Games stands at the forefront, not only as …

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Abios leaderboard 2023 details 56% of esports betting staked on Counter-Strike

SBC News Abios leaderboard 2023 details 56% of esports betting staked on Counter-Strike

Esports odds provider Abios, a wholly–owned subsidiary of Kambi, has published a leaderboard for 2023 that includes data and insights from the Kambi Network, highlighting the most important esports titles, leagues and markets based on betting turnover in 2023. The leaderboard features the most popular teams to bet on; the most popular leagues; the most popular markets/bet offers; live and …

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Kambi seeks new CEO as Kristian Nylén ends 14-year leadership term

SBC News Kambi seeks new CEO as Kristian Nylén ends 14-year leadership term

The board of Kambi Group Plc has announced this morning that Kristian Nylén has expressed his intention to step down as CEO of the Stockholm-listed sports betting technology group. Nylén, who co-founded Kambi in 2010, will resign from leadership duties upon the appointment of a successor, as the Board initiates a search for a new CEO. Having served as Kambi’s …

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Kambi reports records all round during World Darts Championship final

SBC News Kambi reports records all round during World Darts Championship final

Betting activity during the World Darts Championship final between Luke ‘The Nuke’ Littler and ‘Cool Hand Luke’ Humphries broke records for Kambi group.  The operator revealed that activity was up 45% compared with the 2023 final between Van Gerwen and Smith – making it the most gambled-on darts event in Kambi’s history following 16-year-old Luke Littler’s outstanding debut.  Simon Noy, …

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Kambi to supply Bingoal sportsbook across Belgium & the Netherlands

SBC News Kambi to supply Bingoal sportsbook across Belgium & the Netherlands

Kambi has signed a long-term partnership with Bingoal – a well known operator in both Belgium and the Netherlands. The deal will see the Malta-headquartered platform provider supply its complete sportsbook to Bingoal across its online and retail channels. Kristian Nylén, Kambi CEO and Co-Founder, commented: “We are delighted to announce our new agreement with Bingoal, an established European operator …

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