LiveScore Group has appointed Dominic Vye as the new Marketing Director for its LiveScore and Virgin Bet brands. Vye previously served as Marketing and Strategy Director at Entain Plc for Latin America and Iberia (2021-2023). Notably during his tenure at Entain, Vye led the launch of new brands in two new markets. Under his leadership, the brands achieved year-on-year double-digit …
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Kambi Group Plc maintains a positive outlook for 2024 trading, as its business overcomes client wagering deficits related to the cessation of its Penn US sportsbook contract. Publishing its Interim 2024 accounts, the Stockholm-listed sports betting technology group achieved Q2 revenues of €46m (Q2 2023: €43m) and €89m (H1 2023: €87m) for the first half of year trading. As noted …
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Kambi Group Plc has declared that it has achieved a ‘stronger foundation for growth’, following a difficult close to year-end trading which impacted its full-year 2023 results. Publishing its Fourth Quarter and FY2023 results this morning, the Stockholm-listed sports betting technology group registered a 23% decline in Q4 revenues to €44.3m (Q42022: €58m). The decline in period revenues was attributed …
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The Board of Kambi Group Plc has initiated a share repurchase programme following the mandate approved by investors of the Stockholm-listed sports betting technology group at the Extraordinary General Meeting (EGM) on 19 June 2023. Initiated on the morning of the announcement, the buyback programme will run until 21 May 2024, allowing investors to repurchase Kambi Group plc shares up …
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Artificial Intelligence is the next major growth driver in the betting space according to Kambi’s CEO Kristian Nylen following the group’s Q3 earnings presentation, and is an area the company intends to take strides in. As well as announcing its achievement of significant financial targets, such as a 15% increase in revenue to €42m, Kambi today revealed a new name …
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Kambi will provide its sports betting solutions to LiveScore Group’s flagship sportsbook brands, with the planned rollout set to commence in the first quarter of next year. The Swedish B2B supplier expects the partnership to ‘contribute material revenue’ to its business during the second half of 2024 as its products are distributed across LiveScore Group’s global business. Terms of the …
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A number have tried, but only a select few have succeeded. The convergence of sports betting and media has proven a tricky discipline, with LiveScore Group and Sky Bet two names consistently cited as examples of success. Representing their respective companies and offering an intersection of viewpoints on betting and media, several high-profile names in sports business attended the Unofficial …
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Changes in consumer demand for betting innovations are driven by the operators themselves, Sam Sadi laid out to SBC. The key step now is how the industry responds to the demand it itself has created. Recent years have seen a range of new betting products hit the markets, such as cashouts, in-play wagering and request a bet/bet builder offerings, LiveScore …
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Issue 27 of SBC Leaders Magazine takes a tour of global gambling to get the lowdown on the ever-closer relationship between the betting and media industries, operator efforts to improve player protection, scaling a gaming supplier business, and even the use of rappers in marketing. The publication underwent a full redesign ahead of this SBC Summit Barcelona issue and, in …
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Codey Parsons, Player Protection Analysts at LiveScore Group, share his deeply personal journey from a youth marked by confusion and struggle to the realization and acceptance of his transgender identity. This poignant and empowering journey illustrates the trials, complexities and triumphs of transitioning, underlining the importance of acceptance, understanding, and the need for a supportive workplace in a world that …
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