Tag Archives: kambi

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 …

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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 …

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Philippines National Bureau investigates Kambi over illegal gambling activities

Sports betting technology and provisions provider Kambi has been served a notification by the Philippines National Bureau of Investigation into allegations relating to the firm carrying out of illegal gambling activities. Kambi management released a corporate statement notifying the media that the company had received the notification, the technology provider denies any wrong doing with regards to its activities in …

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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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Kambi looking at real time analytics

Kristian Nylén, CEO of NASDAQ-listed sportsbook technology supplier Kambi, has said that his firm’s fourth quarter performance underlines the success of its business model. Revenue amounted to €9.3m for the fourth quarter of 2014, an increase of 52%, and €36.0m for the full year 2014, an increase of 70%. It also meant that the company edged into profit for both …

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32Red’s Ed Ware: making betting more interesting

On the back of 32Red‘s impressive six month results, announced earlier this week, SBC caight up with CEO Ed Ware to ask a few more questions about performance. Can you provide any colour on the performance of 32RedSport? What are your ambitions for this channel? It is very early days with the performance of 32Red Sport and I wouldn’t want …

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32Red re-launches sports betting product with Kambi

Igaming operator 32Red is set to revamp its sports betting offering, after soft-launching its Kambi Sports Solutions sport betting platform. 32Red Sport has been re-launched in time for the 2014 FIFA World Cup. 32Red will target new and existing sports betting customers with a set of World Cup promotions. Furthermore the new sport betting product will be promoted through the …

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Kambi floats on Stockholm NASDAQ

Kambi Sports Solutions had its initial listing on the Stockholm  NASDAQ OMX, with its share price posting a price of SEK 34 (£3). Kambi senior management announced that it was pleased with the opening day  performance of the stock. The sports betting software and provisions supplier, had separated from founding company Unibet Plc, as it looked for operational independence in …

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Kambi enters Georgian partnership with Iveria

Kambi Sports Solutions will enter the Eastern European igaming market for the first time after agreeing a supplier partnership  deal with Casino Iveria, Georgia’s biggest land based casino operator. Kambi will serve sports betting provisions to Iveria, as the operator launches Georgian regulated online betting brand Iveriabet. Kambi further confirmed that Iveria, would use its services to provide a retail …

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Betting on Football to provide update on advertising rules

Operators unsure of how the latest changes to point of consumption licensing and taxation regimes in the UK will affect their ability to advertise are advised to get down to Stamford Bridge on 8 May for the latest news. Yesterday the government added to the uncertainty over the issue by announcing it was re-examining the existing gambling advertising controls via …

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