Tag Archives: kambi

With its gaze increasingly focused on modularisation, sports betting provider Kambi has expanded its Abios esports division into Brazil.  Partnering with regional player Rei do Pitaco (RDP), Abios will utilise its expertise to offer Brazilian customers an enhanced fantasy e-football product.  RDP was established in 2019 and has since become a leading local daily fantasy sports operator, amassing over 17 …

Kambi is expanding its partnership with NG Gaming as the exclusive sports betting provider of the online betting brand Olimpo.bet. The expanded agreement will see Kambi continue to enhance Olimpo.bet’s online sports betting offerings in Latin America – aiming to provide players with “unparalleled experiences” as the company grows in the region. Veena Dhesi, SVP Partner Success at Kambi, commented: …

LiveScore Bet has announced that it has launched its sportsbook on the Kambi platform for audiences in the UK and Ireland. The partnership follows similar collaborative launches in Nigeria and the Netherlands, and comes just in time for this summer’s Euros and Copa América, promising to provide “unbeatable betting experiences” for players. Erik Lögdberg, Managing Director of Kambi, stated: “This …

Swedish state-owned operator Svenska Spel has launched its sportsbook platform in collaboration with Kambi Group.  Both companies have been working towards the implementation of the combined offering since the deal was first signed in October 2023.  Erik Lögdberg, Managing Director of Kambi, commented: “We are very pleased with our launch together with Svenska Spel Sport & Casino, one of the …

Simon Noy, SVP Trading at Kambi, explores how harnessing deep network data is the key to unlocking greater returns for operators. The fundamentals of the relationship between bettor and bookmaker have been broadly settled since the advent of online and mobile sports betting. The introduction of in-game betting and cash out in the 2010s heralded the advent of ongoing interaction …

Kambi Group plc has signed a partnership with the Mohegan Pennsylvania casino for the provision of its sportsbook offering to a number of retail locations.  Kambi’s sportsbook will be onboarded to more than 20 kiosks that are part of the main Mohegan Pennsylvania entertainment venue, as well as the Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook. Kristian Nylén, Kambi …

Kambi’s latest commercial performance report has painted a strong start to the year, with elevated commercial expectations for Euro 2024.  Net cash was at €46m compared to the €61.2m in Q1 2023. According to David Kenyon, CFO at Kambi, this balance sheet is enough to give customers assurances that Kambi “is here for the long haul”.  Kenyon also suggested the …

Kambi Group plc has teamed up with BetMakers to see the latter’s Price Manager fixed odds offering onboarded to Kambi’s sportsbook.  The solution combines BetMakers’ price management ability together with its automated trading strategies and proprietary pricing, which will strengthen Kambi’s racing product currently available on the market.  Jake Henson, CEO of BetMakers Technology Group, said: “BetMakers is thrilled to …

Anders Ström, Kambi Chair, and Kristian Nylén, Group CEO, have reflected on a year of strategic and operational progress, as 2023 saw a shift in the firm’s business model. Addressing investors, the duo reflected on a year which saw €173.3m in revenue, multiple operator signings and partnership extensions, as well as sportsbook launches, amongst other successes. Speaking of the Stockholm-listed …

Sports betting provider Kambi has updated its esports offering by integrating esoccer odds into its sportsbook platform.  The latest addition integrates data straight from Kambi’s esports subsidiary Abios, utilising real-time stats from rights holders, together with automated modelling overseen by a trading team.  Kambi also plans to expand its partners’ access to Abios’ data streams from events across ebasketball, Counter-Strike …