Tag Archives: Kristian Nylén

Kambi and Rush Street Interactive reach sportsbook agreement

Copyright: wavebreakmediamicro / 123RF Stock Photo

Kambi has signed a multi-year deal to provide its sportsbook and innovative technology to Rush Street Interactive, following the decision by the United States Supreme Court to fully repeal the country’s federal sports betting ban. Launching within selected states where permitted, the deal covers the provision of online and retail services, in addition to stretching to markets outside of the …

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Legacy continues… Kambi secures Kindred contract extension

Stockholm-listed betting software provider Kambi Group Plc has today confirmed that it has successfully renegotiated its lead platform partnership with Kindred Group Plc. The agreed long-term contract extension will be put before shareholders at Kambi’s forthcoming Annual General Meeting (Stockholm on 31 May), including revised terms for a convertible bond between the two enterprises. The parties renewed contract agreement is set …

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Commercial & Delivery effective Kambi records strong 2018 opening

Stockholm-listed, betting platform and software provider Kambi Group Plc has detailed a strong opening momentum for 2018. Publishing its Q1 2018 trading update (period ending 31 March), Kambi records a 15% increase in corporate revenues to €16.4 million (Q1 2017: €14.2 million), with the betting platform provider maintaining a high 7.9%  trading margin. Continuing its strong momentum from a record …

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Stanleybet Romania appoints Kambi to build its omni-channel muscle

Stockholm-listed, betting platform and software provider Kambi Group Plc, has expanded its presence within the regulated Romanian gambling market in partnership with Stanleybet. Updating the market, Kambi leadership confirms that it has secured the lead omni-channel platform supplier agreement for Stanleybet Romania’s digital and retail properties. The agreement follows an extensive tender process undertaken by StanleyBet governance, seeking a sportsbook platform …

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Kambi leadership backs betting suite to deliver growth in market changing 2018

The leadership of Stockholm-listed, betting platform and software supplier Kambi Plc, backs its products, services and innovations to deliver client growth in a critical 2018 for the global betting sector. Publishing Kambi’s ‘2017 Annual Report’, Chief Executive Kristian Nylén is pleased to have closed a ‘rollercoaster year’ which has tested the firm’s structure, industry strategy and leadership nerves. Despite recording …

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Casumo to target casual bettors via gamified Kambi sportsbook

Sportsbook suppliers Kambi has agreed a deal with gaming firm Casumo to deliver a gamified sports betting product. Leveraging Kambi’s technology, Casumo intend to primarily target casual bettors, and the millions of sports fans who have never placed a bet, with the its new sports product. Detailing a multi-year deal, Kambi’s sportsbook and technology services, including open API’s, are intended …

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Kambi Group initiates strategic virtual sports investment

Kambi has announced an enhancement of its sportsbook platform, via a strategic investment in gaming start up Virtus Sports. The deal, concluded for £500,000 (€565,000), sees Kambi take a stake of just over 25% in the firm, with the investment paid in net cash, which as of December 31 of last year stood at €26.9m. Under the terms of the …

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Kambi looks forward to 2018 delivering record quarter performance

Publishing its Q4 2017 trading update (period ending 31 December), industry sports betting platform provider Kambi Plc has detailed a strong finish to its full-year trading. The Nordic Nasdaq-listed enterprise, reports Q4 2017 revenues of €19 million a 33% increase on Q4 2016’s €14.3 million, with performance aided by favourable sporting results recorded during the period. A strong revenue momentum …

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En Marche! Kambi extends Belgium vision with Napoleon Games

Industry sportsbook platform and technology supplier Kambi Group Plc, has confirmed that it has secured a multi-year contract extension with Belgian partner Napoleon Games. Kambi informs that Napoleon Games a client since 2012 has agreed to a long-term commitment utilising Kambi as its lead systems supplier for its online and retail betting provisions. Updating the market, Kristian Nylén Kambi Group Chief …

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Kambi continues regulated market strategy with Sun International deal

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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