Tag Archives: kambi

Stockholm-listed betting software provider Kambi Group Plc has today confirmed that it has successfully renegotiated its lead platform partnership with Kindred Group Plc. The agreed long-term contract extension will be put before shareholders at Kambi’s forthcoming Annual General Meeting (Stockholm on 31 May), including revised terms for a convertible bond between the two enterprises. The parties renewed contract agreement is set …

Stockholm-listed, betting platform and software provider Kambi Group Plc has detailed a strong opening momentum for 2018. Publishing its Q1 2018 trading update (period ending 31 March), Kambi records a 15% increase in corporate revenues to €16.4 million (Q1 2017: €14.2 million), with the betting platform provider maintaining a high 7.9%  trading margin. Continuing its strong momentum from a record …

Stockholm-listed, betting platform and software provider Kambi Group Plc, has expanded its presence within the regulated Romanian gambling market in partnership with Stanleybet. Updating the market, Kambi leadership confirms that it has secured the lead omni-channel platform supplier agreement for Stanleybet Romania’s digital and retail properties. The agreement follows an extensive tender process undertaken by StanleyBet governance, seeking a sportsbook platform …

The leadership of Stockholm-listed, betting platform and software supplier Kambi Plc, backs its products, services and innovations to deliver client growth in a critical 2018 for the global betting sector. Publishing Kambi’s ‘2017 Annual Report’, Chief Executive Kristian Nylén is pleased to have closed a ‘rollercoaster year’ which has tested the firm’s structure, industry strategy and leadership nerves. Despite recording …

Gambling bosses preparing to appear at next week’s Betting on Football show have promised ‘controversy’ when they take to the stage for the headline CEO panel.   Taking place at 4pm on Thursday 22 March, Mr Green CEO Jesper Kärrbrink, mybet CEO Markus Peuler, BetBright CEO Marcus Brennan and The Football Pools managing director Conleth Byrne, will discuss the topic …

It’s Betting on Football by name, but so many of the topics to be discussed at next week’s international conference are far from exclusive to the beautiful game. Held at Stamford Bridge from 20-23 March, the #bofcon2018 agenda will combine expert analysis of this year’s football frenzy with a tour of the sports betting world and a breakdown of the …

Sportsbook suppliers Kambi has agreed a deal with gaming firm Casumo to deliver a gamified sports betting product. Leveraging Kambi’s technology, Casumo intend to primarily target casual bettors, and the millions of sports fans who have never placed a bet, with the its new sports product. Detailing a multi-year deal, Kambi’s sportsbook and technology services, including open API’s, are intended …

Kambi has announced an enhancement of its sportsbook platform, via a strategic investment in gaming start up Virtus Sports. The deal, concluded for £500,000 (€565,000), sees Kambi take a stake of just over 25% in the firm, with the investment paid in net cash, which as of December 31 of last year stood at €26.9m. Under the terms of the …

Colombian lottery operator Corredor Empresarial SA has launched its first marketing campaign for new sports betting product BetPlayCO – BetPlay.com.co. Corredor Empresarial is the lottery operator of popular Colombian instant-win and football pools games; SuperAstro, LIGA14 and MegaGOL. Last September, the Bogota gambling firm became the second operator to be granted a newly sanctioned online gambling licence by Colombian gambling …

Publishing its Q4 2017 trading update (period ending 31 December), industry sports betting platform provider Kambi Plc has detailed a strong finish to its full-year trading. The Nordic Nasdaq-listed enterprise, reports Q4 2017 revenues of €19 million a 33% increase on Q4 2016’s €14.3 million, with performance aided by favourable sporting results recorded during the period. A strong revenue momentum …