Kambi Group Plc has reported a strong commercial start to 2023 trading despite its financial performance being impacted by negative FX headwinds. Publishing its Q1 2023 trading update, the Stockholm-listed sportsbook supplier showcased strong growth in both revenue and operator turnover, generating revenues of €44m, a notable 18% increase from €36.9m in Q1 2022. Headline growth was attributed to the …
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Sports betting platform and systems provider Kambi Group has lauded its ability to ‘weather COVID-19’s profound impact on the sporting calendar’ as the cancellation of live sports hinders business operations during the quarter. Publishing its Q2 2020 report, Kambi revealed that ‘the combination of resilient betting volumes and a gradual return of major leagues and sports, complemented by significant cost …
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Kambi Group has signed a ‘multi-channel agreement,’ to provide its sportsbook and technology services to gaming and hospitality group Sun International. The South Africa facing online sportsbook currently operate SunBet.co.za, and will migrate to the Kambi end-to-end sports betting solution, supported by a Bede Gaming backend platform, before launching into additional markets. Kristian Nylén, CEO of Kambi, said: “We are …
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Sports betting provider Kambi has deepened its relationship with media conglomerate Televisa, through the debut of its sportsbook to the Mexican online market. Televisa’s gaming arm PlayCity has unveiled its new sports betting site, and the launch of PlayCityApuestas.com follows last year’s deal, which saw 16 of its land based casinos furnished with the retail product suite of Kambi. Kristian …
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Updating the market, Nordic Nasdaq-listed industry platform and software provider Kambi Group Plc has confirmed that it has secured full services betting provisions contract with Colombian gambling group Corredor Empresarial SA. The partnership will see Kambi become the exclusive platform provider for Corredor’s new online gambling brand BetPlay, servicing the asset with sports betting and casino provisions. Furthermore, Kambi will …
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