Tag Archives: Kristian Nylén

Kambi Group Plc has renewed its multi-channel sportsbook supplier agreement with AB Trav och Galopp (ATG), Sweden’s horse racing and trotting monopoly. The Stockholm-listed technology group will continue to provide ATG with its comprehensive end-to-end sportsbook solution, inclusive of AI-powered trading systems. This Swedish partnership, active since 2018, has allowed Kambi to deliver customised trading solutions for ATG’s retail network …

Kambi and LeoVegas have detailed continued momentum for their long-standing partnership, with the former supporting the UK launch of BetMGM. A so far solely US-facing brand of the MGM Resorts International group, BetMGM is being taken live in the UK using LeoVegas’ platform and utilising Kambi’s sportsbook services, including its Bet Builder and AI-powered algorithmic trading capabilities. LeoVegas Group has …

Kambi has kept up the pace with its commercial development in 2023, signing an extension agreement with Rank Group as the latest in a series of partnerships. Rank is a long-running client of the Stockholm-listed betting and gaming supplier, having utilised the firm’s sportsbook product since 2016, including AI-backed trading, a bet builder and horse racing product. The London-listed operator, …

Kambi Group is on target to achieve its 2027 objectives, CEO Kristian Nylén informed investors following the group’s Q2 and H1 trading update, although the firm has noted some financial difficulties encountered over the past six months. Alongside Kambi’s Chief Financial Officer (CFO), David Kenyon, Nylén addressed details in the group’s latest financial statement that operator turnover had a ‘dampening …

Kambi Group is in a ‘fantastic position’ for further growth, in the words of CEO Kristian Nylén, as revenue in both the second quarter and first half of the year as a whole recorded an uptick. The B2B betting solutions group reported Q2 revenue growth of 24% year-on-year from €34.7m to €42.9m to its Stockholm Nasdaq inventors. Meanwhile, total revenue …

Kambi Group Plc is further expanding its South American presence by entering into a long-term technology partnership with Eyas Gaming. The Stockholm-listed sports betting technology group will support Eyas Gaming in its upcoming launch of the Lance! Sportsbook. Pan-LatAm iGaming group Eyas Gaming has entered into a joint-venture partnership with Brazilian football publisher Lance! to operate its branded sportsbook property. …

Kambi has renewed its partnership with LeoVegas Group for the second time, as the MGM-owned gaming company seeks to expand its sports betting operations. The multi-year extension sees Stockholm-listed B2B provider Kambi continue to provide its sports betting technology to LeoVegas. This will include its AI-powered trading service and Bet Builder product. LeoVegas has been a client of Kambi since …

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 …

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 …

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 …