Sports betting technology supplier Kambi Group announced today it signed an agreement with a newly developed sports betting brand in Latin America to provide its technology and services. The new agreement is backed by a private equity firm. Entering Another Latin American Market The Malta-based sports betting tech group teamed with NG Gaming for the […]
Malta-based sports betting technology provider Kambi Group released its Q1 trading update today posting impressive growth in sportsbook operations. Exceptional Financial Performance Total revenue for the Stockholm-listed group for the first quarter of 2021 amounted to €43.2 million, up 55% compared to €27.9 million registered in the first 3 months of 2020, as the company’s […]
It’s a well-established fact that sports gambling has always been popular in the US, even before the Supreme Court killed PASPA in 2018. With the demise of that misguided piece of legislation and the subsequent attention, states have given to sports gambling, there have been continuing efforts to introduce legal markets across the country, with […]
Kambi has finished 2020 with remarkable results with the Americas being the largest market for the supplier by the end of the year. US Market in the Core of Kambi’s Business Sports betting provider Kambi has finished 2020 with outstanding results despite the Covid-19 pandemic. The company reported 28% revenue increase to €117.7 million ($138.6 […]
Sports betting technology supplier Kambi Group released details with regards to the topics of discussion during its upcoming digital event Festival of Sportsbook. Global Sports Betting Landscape Planned to take place from March, 15 to March, 19, the Festival of Sportsbook event will focus on the global sports betting landscape and will deliver content for […]
Betting solutions provider Kambi Group had a record 2020 with revenue increasing from €92.3 million to €117.7 million YoY due to the ongoing expansion in the US market adding market-first launches in Michigan, Illinois and Colorado. Both Q42020 and Year to Date Figures Are on the Rise Betting solutions provider Kambi Group saw its total […]
Casino Magic is preparing to debut its dedicated sportsbook powered by Kambi in Neuquén, Argentina in the first quarter of the year. Kambi Group to Power Casino Magic’s Upcoming Sportsbook Kambi Group has struck a partnership with Casino Magic to provide the Argentina-based operator with its state-of-the-art technology as part of a multi-year agreement. Kambi […]
Racing and Wagering Western Australia (RWWA) will use Kambi’s technology to improve the scope and reach of its online products. Kambi and RWWA Strike Long-Term Partnership Racing and Wagering Western Australia (RWWA) has signed a long-term partnership with sports betting operator Kambi Group. Through the partnership, RWWA will utilize Kambi’s innovative technology to upgrade and […]
The independent provider of sports betting technology and services to regulated markets world-wide Kambi Group issued yesterday a trading update ahead of its fourth quarter earnings report which will be released on February, 10, 2021. Q4 2020 Revenue Updated Upwards The operator noted that during the quarter a combination of favorable factors such as a […]
Boston-based daily fantasy and sports book operator DraftKings announced it reached an agreement with Kambi Group for the mutual support and cooperation on the DraftKings’ migration from Kambi’s back-end platform services to the SBTech sports betting and iGaming platform. Contract Termination Date Agreed As part of the agreement, the contract between DraftKings and its previous […]
