Tag Archives: kambi

Kambi halts shares after 30% stock plunge

Following the news that DraftKings is buying its own sports betting platform in the form of SBTech, Kambi has made the move to halt trading in its shares after its stocks plunged 30%.  As a result, a statement has been released by Kambi Group’s CEO Kristian Nylén in order to try and ease concern amongst investors.  The statement read: “Kambi …

Read More »

IBIA boosts platform ranks as Kambi joins integrity body

Sports betting platform and systems provider Kambi has strengthened its commitment to integrity after becoming the latest to join the International Betting Integrity Association (IBIA). Under the terms of its membership, Kambi will be able to both utilise the IBIA’s global monitoring and alert platform, as well as feed data into the platform in order to strengthen betting integrity. The …

Read More »

Juan Barrachina – Kambi is the proven player for LatAm incumbents

Stockholm-listed sports betting systems provider Kambi Group Plc has set about dominating all wagering provisions for South American incumbents by expanding its existing commercial pipeline from Mexico’s borders to the “end of the world” in Tierra del Fuego Chile. Speaking to SBCNoticias, Kambi LatAm commercial lead Juan Barrachina underlined that the technology group is eyeing growth in Brazil and Buenos …

Read More »

Bookies Corner – Crunch Time! RWC Japan 2019

Bookmakers face a bruising time as the Rugby World Cup Japan 2019 (RWC Japan 2019) kicks-off this Friday 20 September. Facing a raft of inbound patriotic bets placed on ‘home nations’, can bookmakers trust the formbook in what could become betting’s most unpredictable market of the year… SBC gets the bookies lowdown! _____________ SBC: Featuring six market leaders that have all …

Read More »

Kambi secures NagaWorld Cambodia sportsbook extension

Stockholm-listed sports betting platform and systems provider Kambi Group Plc has confirmed that it has secured a multi-year extension to its sportsbook agreement with Cambodian leisure and entertainment operator NagaWorld Ltd. Kambi has acted as NagaWorld lead sports betting systems supplier since 2014, with the partnership representing the Stockholm technology group’s first Asian market agreement. The extension, will continue to …

Read More »

Kambi-Draftkings partnership poised for further expansion in US

Global sports betting provider Kambi has finalised a multi-state contract extension agreement alongside the sports-tech and media entertainment company, DraftKings.  Under the terms of the new extension, provisions have been outlined for the extension of the Kambi-DraftKings partnership into a further eight states, including: Colorado, Indiana, Iowa, Maine, New York, Pennsylvania, Tennessee and West Virginia. Kambi CEO Kristian Nylén explained: …

Read More »

Strengthened global profile helps Kambi maintain growth momentum

Stockholm-listed sports betting platform provider Kambi Group Plc has attributed its success during Q2 2019 to a growing number of partnerships across both Europe and the US, despite facing ‘tough comparatives including the 2018 football World Cup’. Recording a revenue figure of €21.6m, a jump from the previous figure of €17.6m, Kambi has moved towards forging new partnerships across European markets.  …

Read More »

Ross Haselhurst, Bede Gaming: How a modular platform approach puts operators on the path to global success

modular

Companies looking to diversify their offerings in a bid to enter into emerging markets frequently hit challenges in resource, focus and market knowledge. Ross Haselhurst, Commercial Director at Bede Gaming, explains how partnering with the right platform is essential to unlocking elusive opportunities.  SBC: With more markets regulating, what benefits do you see in a modular approach to integration? RH: …

Read More »

Playtech confirms Susan Ball governance departure

Issuing a short statement, FTSE250 gambling technology group Playtech Plc has informed that Susan Ball has chosen to step down as a company Non-Executive Director and member of the board. Updating stakeholders, Playtech governance confirms that Ball will officially leave her role at the end of the month, with the executive seeking to ‘pursue new business opportunities’. Ball has served …

Read More »

Kambi secures Rank renewal with further Enracha mandate

UK legacy gambling operator Rank Group Plc has expanded its existing sportsbook technology and systems arrangement with Kambi Group Plc to cover sports betting provisions for its Spanish market ‘Enracha‘ brand. Since 2016, Kambi has served as lead online sportsbook platform and software supplier for Rank’s flagship Grosvenor property, powering the relaunch of ‘Grosvenor Sport’ domain for Rank Interactive. Following a …

Read More »