Tag Archives: kambi

Kambi and LMG Gaming build sportsbook in Puerto Rico

SBC News Kambi and LMG Gaming build sportsbook in Puerto Rico

Kambi Group plc has partnered with LMG Gaming (LMGG) to provide its sportsbook to the latter’s ApuestaPR betting brand. Owned by Puerto Rican media company Liberman Media Group, LMGG’s ApuestaPR will utilise ‘unique marketing opportunities’ by combining Kambi’s APIs and marketing tools with the Teleonce television network and on-air talent, as well as celebrity endorsements. Kristian Nylén, Kambi CEO and …

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Kambi’s Festival of Sportsbook: Explore the future of sports betting

Kambi Festival of Sportsbook

Ahead of Kambi’s Festival of Sportsbook on 6-9 June, SBC News caught up with the company’s SVP Marketing & Communications, Gerard Starkey, to find out what delegates can expect from the 2023 edition of the event.  SBC: What is Kambi’s Festival of Sportsbook? Gerard Starkey: The Festival of Sportsbook is a digital event hosted by Kambi which has been running …

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Unibet founder Anders Ström reveals C-level rifts on Kindred’s future

SBC News Unibet founder Anders Ström reveals C-level rifts on Kindred’s future

Anders Ström, the enterprise founder of Kindred Group (formerly Unibet Plc) has detailed rifts between him and the former C-level team of the business led by ousted CEO Henrik Tjärnström.  In an interview with Swedish business news source Dagens Industri, Ström – who founded Unibet in 1997 – expressed his dissatisfaction at “being kept in the dark” from key strategic …

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Kambi opens first sportsbook in Nebraska with WarHorse Gaming

SBC News Kambi opens first sportsbook in Nebraska with WarHorse Gaming

Stockholm-listed technology group Kambi has linked with WarHorse Gaming to launch the first sportsbook in the Cornhusker State. WarHorse Gaming – a division of Ho-Chunk and a commercial entity regulated by the Nebraska Racing Gaming Commission – aids the betting service provider in further enhancing its US footprint. The pair have outlined that the long-term deal will see an initial …

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Kambi concludes Spring share buyback programme 

SBC News Kambi concludes Spring share buyback programme 

Kambi Group Plc’s board has repurchased 106,976 shares between 3-9 May as part of its approved share buyback programme. The shares of the Stockholm-listed technology group were bought at an average price of SEK199.04 (£15.42/€17.77) per share. The aim of the buyback was to provide capital to its shareholders and give the board flexibility concerning the company’s capital structure. The …

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Kambi announces SBC Media as official media partner for the 2023 Festival of Sportsbook

SBC News Kambi announces SBC Media as official media partner for the 2023 Festival of Sportsbook

Leading B2B sports betting and gaming industry outlet will support Kambi’s online content series exploring the future of sports betting Kambi, the world’s leading sports betting supplier, is pleased to announce SBC Media as the official media partner of the Festival of Sportsbook, an online content series covering the hottest sports betting industry topics. As part of the deal, SBC’s …

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Finland’s Paf renews long-standing Kambi sportsbook partnership

Finland’s Paf renews long-standing Kambi sportsbook partnership

Kambi has extended its agreement with long-term partner Paf, an international betting operator owned and controlled by the government of Finland’s Åland Islands. Paf became one of Kambi’s first ever sportsbook partners back in 2011, back when the latter was the B2B betting and gaming arm of the Kindred Group before being divested in 2014. Under the terms of the …

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Kambi gains full control by repaying full €7.5m Kindred bond

Kambi

Kambi has fully repaid the €7.5m convertible bond held in its business by Kindred Group, enabling the B2B betting and gaming supplier to expand directional control. The bond was established as part of the terms of Kambi’s divestment from Kindred back in 2014, after which Kindred became a primarily B2C-focused company via its Unibet and 32Red holdings. Despite the divestment …

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Kambi enables Bally’s to ‘rapidly expand’ online and retail sportsbook

SBC News Kambi enables Bally’s to ‘rapidly expand’ online and retail sportsbook

Kambi has announced a sportsbook partnership with US casino and entertainment company Bally’s Corporation. The long-term deal sees the sports betting platform provider enhance Bally’s online and retail sportsbooks via the provision of its solution to deliver online and retail sports betting entertainment to Bally’s customer base. Kristian Nylén, Kambi CEO and Co-Founder, stated: “We are pleased to enter into …

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