Tag Archives: kambi

New York opening lauded as ‘huge moment’ and ‘significant milestone’ by European suppliers

Kambi, New York

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, …

Read More »

Kambi extends multi-sport US-facing deal with Sportradar

SBC News Kambi extends multi-sport US-facing deal with Sportradar

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 …

Read More »

BOSE: An omni-channel future for retail sports betting

SBC News BOSE: An omni-channel future for retail sports betting

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 …

Read More »

Kambi looks to stateside opportunities with sportsbook-centric Q3 strategy

SBC News Kambi looks to stateside opportunities with sportsbook-centric Q3 strategy

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 …

Read More »

Kambi strikes €26m deal to acquire Abios esports

SBC News Kambi strikes €26m deal to acquire Abios esports

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 …

Read More »

Tristan Wootton joins Fitzdares as new Director of Growth

SBC News Tristan Wootton joins Fitzdares as new Director of Growth

Fitzdares has strengthened its senior leadership team after naming Tristan Wootton as the company’s new Director of Growth. In his new role, Wootton will oversee Fitzdares’ growth strategy by “helping to scale the business, grow revenues in a responsible manner” as well as consider new opportunities for expansion in new markets. Commenting on his new role, Wootton said: “I am …

Read More »

Kambi completes sportsbook makeover of Belgium Scooore

SBC News Kambi completes sportsbook makeover of Belgium Scooore

In time for Euro 2020’s tournament kick-off, Belgium’s Loterie Nationale has relaunched its flagship ‘Scooore’ sportsbook property, following an overhaul of the brand’s core operating systems led by Kambi Group and TG LAB.  Last Autumn, Loterie Nationale – the operating firm of Belgium National Lottery – announced that it had selected Kambi and TG LAB as lead technology partners, tasked …

Read More »

Kambi to power LatAm debutant NG Gaming’s sportsbook drive

Kambi

Kambi Group will power the sportsbook ventures of newly launched South American market operator NG Gaming. The sportsbook technology systems supplier has disclosed that it has secured a commercial arrangement to serve as lead platform supplier for all NG Gaming sportsbook provisions, servicing the LatAm markets. The multi-year partnership will see Kambi support the imminent launch of Olimpo.bet – NG …

Read More »

Kambi restructures commercial team with Entain appointment

SBC News Kambi restructures commercial team with Entain appointment

Kambi Group Plc has restructured its business development unit after appointing former Entain Plc commercial lead Jamie McKittrick as new VP of Commercial Management alongside the promotion of Sarah Robertson to VP of Sales.  A 20-year industry executive, McKittrick will be responsible for managing the Stockholm-listed group’s commercial arrangements with third-parties, including formulation and oversight of data partnerships. Robertson, meanwhile, will …

Read More »

Kambi plans for red hot summer to follow record-breaking Q1 results  

SBC News Kambi plans for red hot summer to follow record-breaking Q1 results  

Kambi Group Plc has celebrated a record opening to 2021 trading, as the Stockholm-listed sportsbook technology provider achieved double digit growth across all core operating metrics and KPIs, as a result of its significant sportsbook network growth.  Publishing its Q1 trading update, Kambi registered group revenues of €43.2 million – up 55% on the €28 million recorded in 2020. Updating …

Read More »