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Gambling News - 'Kambi'
Business
January 8, 2024
Kristian Nylén Plans to Step Down from CEO Role with Kambi
The leading business-to-business provider of services and solutions, powering betting operators across the globe, Kambi Group, announced changes to its senior leadership. On Monday, the company confirmed that its co-founder and CEO, Kristian Nylén, intends to step down from his role. The CEO and co-founder notified the company’s Board of Directors, confirming that he plans […]
Business
December 14, 2023
Bingoal to Launch a Kambi-Powered Sportsbook in 2024
Kambi Group has unveiled a multi-channel sportsbook partnership with Bingoal, a Belgian online and retail gambling and betting operator. Under the deal, Bingoal will leverage Kambi’s market-leading Complete sportsbook across its retail and online business in Belgium and the Netherlands. The deal will see Bingoal replace its current sportsbook provider with Kambi’s best-in-class sports betting […]
Sports
December 8, 2023
Messi Turned Inter Miami into the Most Bet on Team, Kambi Says
Kambi, a B2B provider of sports betting services, has reported that the arrival of the soccer legend Lionel Messi at Inter Miami has led to an unprecedented spike in Major League Soccer betting activity. As reported by the sports betting specialist, the popularity of Inter Miami and the MLS as a whole has skyrocketed, leading […]
Business
December 5, 2023
Kambi Group Proceeds with $3M Share Buyback Program
Kambi Group, a B2B provider of sports betting services and solutions, has unveiled a share buyback program. The company secured the buyback mandate at the Extraordinary General Meeting on June 19 and will now proceed to exercise it. According to Kambi’s board of directors, the buyback program is set to run until May 21, 2024, […]
Business
November 16, 2023
Kambi Group Appoints Anders Ström as New Chair of the Board
It’s been a busy fall for Kambi Group, the premium business-to-business sportsbook supplier created to improve the sports betting experience for global players by partnering with visionary operators and “offering the ultimate in sports betting technology.” At the end of September, the group announced a partnership extension with ATG, a horse racing and sports betting […]
Business
November 1, 2023
Kambi Publishes Q3 Report, Highlights Importance of Recent Deals
Kambi Group has published its report for the third quarter of 2023, highlighting its financial results and its recent achievements. In addition to recording higher metrics across the board, Kambi scored “landmark signings” with Svenska Spel and LiveScore Group. In Q3, Kambi recorded revenue of €42.1 million ($44.4 million), exceeding Q3 2022’s result of €36.7 […]
Business
October 30, 2023
Kambi’s Sportsbook Technology to Power Two LiveScore Group Brands
The leading provider of sports betting technology and solutions, Kambi Group, announced a new long-term agreement with LiveScore Group of companies. Under the terms of the new strategic long-term collaboration, Kambi agreed to power the Group’s sportsbooks, LiveScore Bet and Virgin Bet brands across the globe. Per the new deal, the provider agreed to supply […]
Business
October 6, 2023
Kambi Agrees to Power 711’s Sportsbook in the Netherlands
Sports betting technology supplier Kambi Group announced a new important long-term agreement Friday. The company revealed that it joined forces with the fast-growing gambling operator in the Netherlands, 711. Under the terms of the new collaboration, the renowned sports betting platform and technology supplier agreed to power the operator’s sportsbook. Thanks to the latest long-term […]
Business
October 3, 2023
Svenska Spel Selects Kambi as Sportsbook Technology Provider
The leading supplier of sports betting technology, Kambi Group, announced it inked a new important partnership in Sweden. The company said Tuesday it signed an exclusive long-term agreement with the leading Swedish operator, Svenska Spel Sport and Casino. Under the terms of the new collaboration, Kambi agreed to power the operator’s retail and online sportsbook. […]
Business
September 28, 2023
Kambi Group Inks Partnership Extension with ATG
Kambi Group has extended its partnership with AB Trav och Galopp (ATG), a Swedish horse racing and sports betting company. Under the agreement, the former party will continue to supply its Swedish client with cutting-edge solutions. The two parties originally joined forces in 2018, allowing Kambi to roll out its products in Sweden. The partnership […]