Tag Archives: Kristian Nylén

Kambi and LeoVegas agree on long-term sportsbook contract extension

LeoVegas Championship

Updating the market, Kambi Group Plc has informed that it has secured a multi-year contract extension with Stockholm-listed online gambling group LeoVegas AB, which will see the firm continue to act as lead sportsbook platform supplier for LeoVegas Sports. The contract extension follows the successful launch of LeoVegas Sports in 2016, which has become one of Kambi’s fastest growing clients. …

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Kambi confident that strengthened commercial pipeline will overcome current trading woes

Presenting its Q3 2017 trading update (period ending 30 September), Nordic Nasdaq-listed Kambi Group Plc has detailed a robust corporate performance despite trading against a tough Q3 2016 comparative period featuring the UEFA Euro 2016 Championships. Updating investors, Kambi sustained a positive period revenue performance of €14.8 million, which sees the sports betting platform supplier generate €43 million for its …

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Kambi continues LatAM expansion

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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Forza Italia… Kambi increases Italian market presence with StarVegas launch

Updating the market, Nordic Nasdaq-listed Kambi Group Plc has detailed that it has strengthened its supplier position within the Italian betting market, having secured the lead sportsbook platform provisions partnership for StarVegas Italia. The partnership will see Greentube-owned StarVegas launch a ‘premium sportsbook’ product utilising Kambi platform and system provisions. This week, Kambi detailed that it had launched the initial …

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Ian Freeman – Kambi – “Outsourcing model is aligning with market forces”

The continued expansion of regulated markets coupled with increased tax burdens has shifted the sports betting industry to favour third-party solutions, according to Kambi Group Chief Commercial Officer Ian Freeman. Speaking exclusively to SBC, Freeman highlighted the growth enjoyed by its long-term customer 888sport, with which Kambi extended its partnership deal on Wednesday, as proof the ‘outsourcing model has never been so relevant’. “The …

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Bulgaria’s National Lottery picks Kambi for ‘High Expectations’ 7777.bg sportsbook

Nordic Nasdaq-listed industry sports betting platform provider Kambi Group Plc has confirmed that it has entered a services agreement with Bulgarian licensed gaming group National Lottery AD. The agreement will see Kambi become lead betting platform and technology provisions supplier for National Lottery AD’s digital gaming brand 7777.bg, which is considered Bulgaria’s most popular lottery and gaming destination. Last year, …

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Kambi looks forward following strong commercial gains in Q2 2017

Presenting its Q2 2017  corporate performance, Nordic Nasdaq-listed Kambi Group Plc has detailed a “successful trading period” in which the company has strengthened its commercial pipeline with new platform partnerships. As previously noted by Kambi governance severe operating margin declines have impacted Nordic Nasdaq-listed sports betting platform supplier Kambi Group Plc’s Q2 2017 corporate performance.Despite maintaining improved group revenues of …

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Kambi secures Colombia full services deal with Corredor Empresarial

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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Kambi clears WLA Security certification

Updating the market, Nordic Nasdaq-listed European sports betting platform and software supplier Kambi Group Plc (Kambi) has informed that has passed the ‘World Lottery Association Security Control Standard’ certification, underlining its position as the secure choice for both public and private operators. The‘WLA-SCS certification is granted following a comprehensive audit by WLA officials of Kambi security services and client provisions …

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Tough Opening… Kambi profits & margins impacted by player friendly football results

Nordic Nasdaq-listed industry sports betting platform and software supplier  Kambi Group Plc (Kambi) has declared a difficult start to 2017, as the company’s operating profits and margin were hit by player friendly football results recorded during the final weeks of Q1 2017 (period ending 31 March).  The company had previously sent a communication to investors detail period impacts. Despite posting …

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