Business
August 11, 2021
Kambi Becomes Island Luck Exclusive Sportsbook Provider
Leading supplier of sports betting solutions announced an agreement to become the exclusive online sportsbook provider of a sports betting partner in The Bahamas. Recognition for Kambi’s Technology Kambi Group entered into a multi-year partnership deal with Island Luck to help support the leading gaming operator in The Bahamas to upgrade its sportsbook by utilizing […]
Industry
July 2, 2021
Mohegan Amended Kambi Betting Partnership Deal in Connecticut
An interesting development around one of the sports betting licensees in Connecticut this week saw a technology partnership deal being amended to free space for additional partners. MGE Moves to Free Space Sports betting technology supplier Kambi Group announced it reached an agreement with Mohegan Gaming & Entertainment (MGE) regarding the terms of their sports […]
Business
June 2, 2021
Kambi Expands Latin American Footprint via Olimpo.bet Deal
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 […]
Business
April 28, 2021
Kambi Group Posted Impressive 2021 First Quarter Growth
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 […]
Sports
April 8, 2021
US Sports Gambling Report by Kambi Shows Where the Big Plays Are
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 […]
Business
March 29, 2021
Kambi Focuses on US Growth and Latam Expansion
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 […]
Industry
February 18, 2021
Kambi’s Festival of Sportsbook Will Focus on US Sports Betting
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 […]
Business
February 10, 2021
US Expansion Drives Kambi’s 2020 Revenue Up by 28%
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
January 29, 2021
Kambi to Power Casino Magic’s Sportsbook in Argentina
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 […]
Business
January 21, 2021
RWWA Enters Long-Term Partnership with 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 […]