Tag Archives: kambi

Kambi to supply Bingoal sportsbook across Belgium & the Netherlands

SBC News Kambi to supply Bingoal sportsbook across Belgium & the Netherlands

Kambi has signed a long-term partnership with Bingoal – a well known operator in both Belgium and the Netherlands. The deal will see the Malta-headquartered platform provider supply its complete sportsbook to Bingoal across its online and retail channels. Kristian Nylén, Kambi CEO and Co-Founder, commented: “We are delighted to announce our new agreement with Bingoal, an established European operator …

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Kambi activates €2.8m buyback programme to enhance capital structures

SBC News Kambi activates €2.8m buyback programme to enhance capital structures

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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Kambi: Under the Hood… Sports integrity and compliance

SBC News Kambi: Under the Hood... Sports integrity and compliance

Kambi goes ‘Under the Hood’ again this week courtesy of Director of Operational Compliance Paul Finnigen, who focuses on the technology behind sports integrity and compliance.  Paul Finnigen (Director of Operational Compliance, Kambi): The future of sports betting hinges on the crucial element of trust that consumers must place in sporting events. The role that Kambi and other sportsbooks around …

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Kambi Co-Founder Anders Ström named Chair as Stugemo departs

SBC News Kambi Co-Founder Anders Ström named Chair as Stugemo departs

Kambi Group plc has appointed Anders Ström as the group’s new Chair of the Board, as Lars Stugemo makes the decision to step down. Stugemo notified the Nomination Committee that he does not intend to seek re-election at the Kambi Annual General Meeting (AGM) 2024. The committee then decided to propose Kambi Co-Founder Anders Ström be appointed as Chair at …

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Kambi & LiveScore to break new ground for sportsbook audiences

SBC News Kambi & LiveScore to break new ground for sportsbook audiences

SBC provides as insiders view on LiveScore choosing Kambi Group as its new principal sportsbook technology provider. As new sportsbook supplier of LiveScore Bet and Virgin Bet brands, Kambi Chief Commerical Officer Cecilia Wachtmeister, states that Kambi will onboard its most technically ambitious partner. James McKay, Sportsbook Director of LiveScore Group, highlights the importance of Kambi tech in emboldening LiveScore’s …

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Kristian Nylen, Kambi: AI the next step as betting driven forward by tech

SBC News Kristian Nylen, Kambi: AI the next step as betting driven forward by tech

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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LiveScore to overhaul sportsbook platform in Kambi partnership

LiveScore Group CEO Sam Sadi

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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Kambi supports 711’s Netherlands sportsbook ambitions

ComplianceOne steps up Dutch efforts with NOGA membership

Dutch online casino operator 711 has partnered with Kambi to leverage the sportsbook supplier’s products as it targets growth of its sports betting vertical.  The company will make use of the Swedish firm’s full sportsbook offering including its betting platform, Bet Builder and AI-powered trading products.  In anticipation of an enhanced sportsbook, the casino plans to apply for an expansion …

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Kambi wins Svenska Spel ‘sportsbook diversification’ tender 

SBC News Kambi wins Svenska Spel ‘sportsbook diversification’ tender 

Kambi Group Plc has won an exclusive commercial tender to enhance and diversify the end-to-end sportsbook capabilities of Svenska Spel. Announced as a ‘major coup’ for the Stockholm-listed technology group, Kambi will power ‘Svenska Spel Oddset’, the flagship sportsbook brand of Sweden’s state-owned gambling and lotteries group. Svenska Spel has enlisted Kambi to supply all sportsbook-related provisions to deliver a …

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Kambi secures Swedish renewal with ATG

SBC News Kambi secures Swedish renewal with ATG

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 …

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