Stockholm Nasdaq-listed online betting platform provider Kambi Group Plc (Kambi) has announced the it has signed a memorandum of understanding with Novomatic Lottery Solutions (NLS), becoming its gaming supplier partner for government regulated lotteries. Confirming its strategic partnership with the Novomatic Group lottery subsidiary, Kambi will integrate its digital sports betting solution within NLS lottery supplier platform. Moving ahead with …
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Kambi declares strong H1 driven by client growth
Stockholm Nasdaq-listed online sports betting solutions provider Kambi has closed a successful first half to 2016, stating that its corporate performance has been driven by ‘exceptional operator turnover growth’. Presenting its Q2 2016 interim results (unaudited period ending 30 June), Kambi would declare group revenues of €13.7 million (up 28% on Q2 2015: €10.7 million). Its uplift in revenues would …
Read More »Grosvenor Casinos launches sports betting product with Kambi
Stockholm Nasdaq-listed sports betting platform provider Kambi continues to grow its ‘tier 1’ industry client portfolio by announcing that it has launched its betting services for Rank Group online subsidiary Grosvenor Casinos (Grosvenorcasinos.com) Chosen as sports betting software provisions partner by Rank Group in January, Kambi has delivered a full range of markets to Grosvenorcasinos.com in time for a packed …
Read More »Euro 2016 will be the tournament of the second screen says Kambi
Sportsbook provider Kambi says the upcoming European Championships in France will be the first major football tournament where second screen betting becomes the primary way to place a wager. An analysis of data from the sportsbook provider also shows that the higher the profile of an event, the more likely it is that users will place a bet on a …
Read More »Mr Green launches sports betting product
Stockholm Nasdaq-listed online gambling operator Mr Green & Co (Mr Green) has announced the soft launch of its new sports betting product in time for Euro 2016 (10 June – 10 July). Powered by sports betting platform provider Kambi, the Malta-based operator had detailed in its Q1 corporate update that it would look to launch a betting product in 2016. …
Read More »32Red & Kambi extend sports betting platform partnership
Updating the market sports betting platform provider Kambi and key client 32Red Plc have confirmed a partnership extension. The extension of services sees 32Red continue its sports betting platform agreement with Kambi which was first signed in April 2014. The partnership saw London AIM-listed 32Red relaunch its sports betting offering ’32Red Sports’, with company governance stating that the company was …
Read More »Leo Vegas selects Kambi as sports betting platform
Stockholm listed sports betting software supplier Kambi (Kambi Group), has been selected as proprietary betting platform for Malta igaming operator Leo Vegas. The agreement will see Leo Vegas, one of the fastest growing businesses in the igaming sector, enter the European sports betting market utilising Kambi betting provisions and software. Announcing the partnership today, Leo Vegas governance aims to increase …
Read More »Kambi posts H1 2015 profits aided by client portfolio growth
Reporting on its Q2 2015 performance, Stockholm Nasdaq listed sports betting technology provider Kambi Group has recorded corporate revenue growth of €10.7 million, representing a 13% increase on Q2 2014 €9.5 million. Kambi management would report that its operations had maintained a 7% margin during the period, which contributed to €800,000 in operating profit. The technology provider would record a …
Read More »Kambi enters Mexico with Televisa provisions partnership
Stockholm listed sports betting technology and provisions provider Kambi Group has entered the Mexican sports betting market, by agreeing a services partnership with Mexican entertainment and media Grupo Televisa. The agreement will see Kambi deploy fixed odds betting provisions for Televisa’s Playcity casino operations. Televisa will upgrade its retail betting systems utilising Kambi solution. Both parties stated that they would …
Read More »UK wagering uplift sees Kambi open 2015 strongly
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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