Tag Archives: kambi

Sportradar finished its first year and first full quarter as a US Nasdaq listed company citing a strong commercial performance, capitalising the growth of the US sports betting industry. Updating investors in its Q4 and full-year 2021 trading report, the sports data and technology group revealed that its total revenue for the full year stood at €561.2 million, an increase …

Kambi Group Plc has communicated to its North American sportsbook partners that it has secured its ‘day-1 presence’ for the launch of Ontario’s online gambling regime on 4 April  The Stockholm-listed sportsbook technology supplier has obtained its trusted supplier accreditation by provincial regulator the Alcohol and Gaming Commission of Ontario (AGCO). The approval will allow Kambi to supply its sportsbook …

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 …

Kindred Group has announced two enhancements of its sports betting product, leveraging Kambi Group’s sports betting services whilst working to boost the scope of its own Kindred Racing Platform (KRP).  The three-year deal between the Stockholm Nasdaq-listed gambling groups will see Kindred utilise Kambi’s B2B sports betting platform until the end of 2026 as it looks to roll out its …

With a new year comes new opportunities, and for Rush Street Interactive (RSI), the focus will remain on maintaining momentum on both the domestic US market and internationally.  Appearing in the latest episode of the SBC Leaders podcast Lauren Seiler, Associate Vice President of Investor Relations and Development at RSI, spoke to SBC Global Relationship Director Kelly Kehn about the …

Legalised mobile sports betting in the state of New York is due to commence tomorrow (8 January), as the New York State Gambling Commission (NYSGC) approved licences for four operators.  Issuing an update this morning, the state regulatory body advised that each of the four licence holders had satisfied all necessary statutory and regulatory requirements for mobile sports betting.  Furthermore, …

Kambi will continue to leverage Sportradar’s US sports data offering, covering a range of prominent leagues and tournaments, under the terms of a five-year extension agreement. The contract renewal will see Sportradar continue to supply the international sports betting supplier with data from the National Basketball Association (NBA), National Hockey League (NHL) and Major League Baseball (MLB) as well as …

The past one and half years has posed serious challenges to the betting industry across the board, most notably the retail sector, with national lockdowns across Europe accelerating the consumer shift towards online verticals. For the betting and gaming experts on the ‘Improving the retail betting experience’ panel – sponsored by Golden Race and moderated by Bettormetrics Commercial Director Paul …

Kambi has underscored its ability to overcome potential regulatory hurdles and ‘capitalise on future opportunities’, highlighting the depth of its sportsbook offering and new M&A strategy. Publishing its Q3 trading results, the Stockholm listed sports betting technology supplier reported a quarterly year-on-year revenue increase of 48% to €41.6 million (Q3 2020: €28.1m) reflecting an 80% increase in revenue from the …

Kambi Group Plc has this afternoon disclosed that it has reached an agreement to acquire live esports data and markets odds specialist Abios for a total consideration of SEK 270 million (€26m). The deal sees Kambi undertake its biggest corporate acquisition to date, providing the Stockholm-listed technology group with a new platform to expand its esports services within global betting’s …