Sports betting software supplier Kambi Sports Solutions announced Q1 2015 revenues of €10 million up 29% on €7.7 million Q1 2014, as the supplier looks to expand its European sports betting services in the coming months. NASDAQ listed Kambi, the former B2B division of Unibet Plc, reported an operating profit of €800,000 (Q1 2014 -€100,000) with net margins maintained at …
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Kristian Nylén, CEO of NASDAQ-listed sportsbook technology supplier Kambi, has said that his firm’s fourth quarter performance underlines the success of its business model. Revenue amounted to €9.3m for the fourth quarter of 2014, an increase of 52%, and €36.0m for the full year 2014, an increase of 70%. It also meant that the company edged into profit for both …
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On the back of 32Red‘s impressive six month results, announced earlier this week, SBC caight up with CEO Ed Ware to ask a few more questions about performance. Can you provide any colour on the performance of 32RedSport? What are your ambitions for this channel? It is very early days with the performance of 32Red Sport and I wouldn’t want …
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Igaming operator 32Red is set to revamp its sports betting offering, after soft-launching its Kambi Sports Solutions sport betting platform. 32Red Sport has been re-launched in time for the 2014 FIFA World Cup. 32Red will target new and existing sports betting customers with a set of World Cup promotions. Furthermore the new sport betting product will be promoted through the …
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Kambi Sports Solutions had its initial listing on the Stockholm NASDAQ OMX, with its share price posting a price of SEK 34 (£3). Kambi senior management announced that it was pleased with the opening day performance of the stock. The sports betting software and provisions supplier, had separated from founding company Unibet Plc, as it looked for operational independence in …
Read More »Kambi Sports Solutions will enter the Eastern European igaming market for the first time after agreeing a supplier partnership deal with Casino Iveria, Georgia’s biggest land based casino operator. Kambi will serve sports betting provisions to Iveria, as the operator launches Georgian regulated online betting brand Iveriabet. Kambi further confirmed that Iveria, would use its services to provide a retail …
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Operators unsure of how the latest changes to point of consumption licensing and taxation regimes in the UK will affect their ability to advertise are advised to get down to Stamford Bridge on 8 May for the latest news. Yesterday the government added to the uncertainty over the issue by announcing it was re-examining the existing gambling advertising controls via …
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32Red Plc has entered into an agreement with Kambi Sports Solutions to deliver a fully managed sportsbook solution. The agreement will enable 32Red to offer a significantly upgraded sports betting experience to its customers through online and mobile channels. The new sportsbook will be fully integrated with 32Red’s Microgaming platform, enabling players to move seamlessly between casino and sports and …
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Swedish listed igaming operator – Unibet is set to offload its 95% stake in sports betting service provider Kambi Sports Solutions. The operators senior management are set to take the decision to financially separate its B2B division, as it believes separation away from Unibet operations will aid Kambi Sports future growth within the online sports betting market. Unibet are set …
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