The Swedish Gambling Inspectorate, Spelinspektionen, has issued two more B2B supplier licences to locally-founded Kambi and Finnish firm Air Dice. Enabling Kambi to continue providing its sportsbook and gaming solutions to Swedish B2C operators and marking an expansion for Air Dice, the licences further expand the country’s B2B marketplace following a new legislative framework introduced earlier this year. Swedish B2B …
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A top five sport in the Kambi global partner network, tennis is a key growth market for all sportsbooks, as its worldwide fan base now reaches +1 billion watching and engaging with ATP and WTA tournaments. Tennis popularity is easy to explain, as the sport has lived through a ‘Golden Era’ in which star athletes such as Novak Djokovic, Rafael …
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David Jacquet, SVP of Analytics at Kambi Group, has presented an eye-opening look at how AI technology will reshape all components of sports betting, from its pricing of markets and data capture/modelling, to its consumer proposition. In his day-to-day role, Jacquet, a seasoned sportsbook ‘quant and cryptologist’, leads the development of Kambi’s algorithmic trading products to enhance the technology group’s …
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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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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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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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The share buyback programme initiated by Kambi following the repayment of its convertible bond to Kindred Group is progressing well, according to an update from the firm. Issuing an update this morning, the Stockholm-listed explained that between 10-16 M ay a total of 92,500 of its own shares at a volume weighted average price of SEK 212.75 (€19). The total …
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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 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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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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