Tag Archives: Kristian Nylén

Rei do Pitaco (RDP), the largest daily fantasy sports (DFS) provider in Brazil, has linked with Kambi for the development of a betting platform. Kambi will utilise its technology and services to launch a real-money online sportsbook for RDP, ahead of anticipated regulation of the Brazilian wagering market which is projected to generate $3.4bn by 2027, according to H2 Gambling …

Kambi Group continues to expand its Latin American profile, securing a new sports betting supplier agreement with the Liberman Media Group (LMG) of Puerto Rico. The partnership will see Kambi serve as the lead sportsbook solutions supplier for ApuestaPR, an online sportsbook brand that will be leveraged to Puerto Rican audiences via the Teleonce television network. ApuestaPR aims to become …

Kristian Nylén, Chief Executive of Kambi Group Plc, has underlined the sports betting technology firm’s strengthened US commercial prospects, having settled terms to finalise its key contract with PENN Entertainment. This morning, Kambi disclosed the deal closure terms of its lead sportsbook supplier contract with PENN, a partnership that the Stockholm-listed technology group has serviced since 2019. To date, Kambi …

Pushing the benchmark for quality: Kambi and Shape outline international ambitions Yesterday, Kambi undertook a transformative expansion of its front-end capabilities, as the sportsbook technology supplier finalsisd an initial €36.5m acquisition of Shape Games, pursuing a strategic upgrade of its existing capabilities.  Sitting down with SBC News following the takeover, Kambi CEO and Co-Founder Kristian Nylén was joined by Shape …

A major betting and gaming M&A development took place this morning, as Kambi completed its acquisition of Shape Games to bolster its front end services. Carried out for a total consideration of €38.5m, the takeover will include a performance-related earnout of up to €39.6m, which could bring the total figure to €78.1m.  Stockholm-based Kambi undertook the merger after identifying the …

Kambi Group will provide its sportsbook solutions services to the BetWarrior, Casino Magic and Casino Club brands under exclusive supplier partnerships. The arrangements with the three Argentinian online betting and casino firms came about as a result of the Swedish company’s multi-year deal with player account management (PAM) platform Ondiss. Provisions of the multi-channel contract enabled Kambi to partner with …

Kambi’s 2022 trading difficulties continued in the second quarter of the year, as the sportsbook solutions group registered further declines against the previous year’s figures.  The Stockholm-listed firm again cited tough comparatives with the January-June trading period in 2021 such as headwinds in the Dutch market, whilst also pointing to a disrupted sporting schedule due to the 2022 FIFA World …

Kambi Group Plc maintains confidence in achieving its 2022 commercial and operating objectives, despite a tough start to year trading.  Publishing its Q1 trading results (period ending 31 March), the Stockholm-listed sports betting technology supplier registered a 15% decline in corporate revenues to €37 million (Q1 2021: €43m). This fall in headline revenues was attributed to Kambi’s adjustment of former …

Kambi Group has asserted that it will maintain momentum on its international development and investment strategy in 2022, after overcoming hurdles in the Netherlands and with regards to some of its operator partners.  Publishing its full year trading results for 2021, the group revealed a 38% increase in revenue to €162.4 million, (2020: €117.7m), whilst profit before taxation stood at …

Kambi Group Plc has communicated to its North American sportsbook partners that it has secured its ‘day-1 presence’ for the launch of Ontario’s online gambling regime on 4 April  The Stockholm-listed sportsbook technology supplier has obtained its trusted supplier accreditation by provincial regulator the Alcohol and Gaming Commission of Ontario (AGCO). The approval will allow Kambi to supply its sportsbook …