Tag Archives: Kristian Nylén

Kambi enriches US sportsbook offering with latest innovation

Betting software and platform supplier Kambi has unveiled its latest innovation to enrich its sportsbook offering in the US. The Teaser+ feature aims to deliver greater value to players by replacing the odds table used to price traditional teaser parlays in favour of in-house generated odds. Kambi has developed an innovative version of the popular teaser parlay, after implementing a …

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Global Gaming to build new sportsbook muscle with Kambi Group

Stockholm-listed Kambi Group Plc has confirmed that it will act as lead sportsbook software provider for Global Gaming 555, as the company expands its existing product portfolio and services. Nasdaq-Stockholm counterpart Global Gaming, which has predominately served as a Pan-European igaming operator will launch its initial online sportsbook services, operating Kambi’s full suite of software provisions. Updating stakeholders, Global Gaming …

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Kambi unites with DraftKings to create US sports betting history

Starbucks Barista - NFL Contest

In a historic move, following the launch of the Kambi-powered DraftKings Sportsbook, New Jersey punters have for the first time, been able to place online wagers in the post-PASPA U.S. market. Yesterday’s ground-breaking launch comes after Kambi and DraftKings, along with DraftKings’ land-based licensing partner Resorts Casino, were approved for an online sports betting Transactional Waiver from the New Jersey Division of …

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DraftKings soft launches NJ mobile sportsbook product

Accelerating its US sports betting proposition, DraftKings has launched its New Jersey mobile app, bringing digital wagering to the Garden State. The fantasy sports operator has soft-launched its ‘DraftKings Sportsbook’ app, syndicated through its New Jersey licensing agreement with Resorts Casino () and developed in partnership with betting technology group Kambi Plc. The initial launch sees DraftKings operate an ‘invite …

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World Cup fallout sees Kambi eyeing global growth

On the back of a successful second quarter of 2018, turnkey sports betting service Kambi is setting its sights on expansion across a number of key markets. Aided by the beginning of the Russia World Cup, hailed as “a huge success for Kambi and our operators, with turnover, revenues and active players reaching all time highs” by CEO Kristian Nylén, …

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Kambi hails World Cup and SCOTUS in latest interim report

Sports betting technology and software supplier Kambi Group Plc has reported a strong financial performance in the group’s Q2 2018 interim report. Year-on-year revenues have shown a 25 per cent growth for the second quarter of 2018, reaching €17.6m (15.65m) from the previous years €14.1m (£12.54m), aiding a 20 per cent H1 jump from €28.3m (£25.1m) to €34m (£30.2m). Addressing …

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Mr Green’s Redbet brand to migrate to Kambi sportsbook

Mr Green

Kambi and Mr Green have signed an extension to the parties previous agreement, adapting a new multi-year service deal relating to the latter’s recently acquired Redbet brand, which is to integrate the Kambi sportsbook. Strengthening a relationship formed in 2016 when Mr Green launched its Kambi powered sportsbook, the fresh understanding provides the sports betting technology and software supplier with an …

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Kambi and Latvijas Loto reach sportsbook agreement

Copyright: hstocks / 123RF Stock Photo

Sports betting technology and software supplier Kambi has announced that it is to supply its online sportsbook to to the national lottery operator of Latvia. Signing a long term agreement with SJSC Latvijas Loto (Latvian Loto), a provision of its full managed sportsbook and services is to follow, which is set to be offered through digital channels. The Government owned …

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DraftKings appoints Kambi as US sportsbook lead

Stockholm-listed sports betting technology and software supplier Kambi Group Plc continues its strong US commercial momentum confirming that it has secured a multi-year services agreement with leading US fantasy sports operator DraftKings. Issuing a short statement, Kambi governance confirms that DraftKings has selected its technology platform as the lead system for its upcoming US sports betting market expansion. “The agreement, …

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Kambi closes in on ATG deal as Sweden prepares for reform

Kambi has announced it is close to finalising a deal with Swedish horse racing operator AB Trav och Galopp (ATG) for the provision of its premium sports betting services. As part of the newly formed partnership, ATG will enhance its offering with the integration of Kambi’s renowned sportsbook product. The group has outlined that internal product testing will commence  imminently. …

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