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Deal is expected to contribute approximately €45m to €50m to Kambi’s operating profit over 2027 to 2031
Kambi Group, the world-leading provider of cutting-edge sports betting technology and services, has entered into agreements with Allwyn, a multinational lottery-led gaming entertainment company.
Under the agreements, Kambi will grant Allwyn a perpetual, global license to its sportsbook source code and provide associated services to Allwyn, as well as trading services.
Allwyn is listed on Euronext Athens with market-leading positions across Europe and North America. Allwyn holds long-term national lottery licences in Austria, Cyprus, the Czech Republic, Greece and the UK, and has a significant sports betting and iGaming presence across multiple markets.
Based on current assumptions, the agreements are expected to contribute approximately €45m to €50m to Kambi’s operating profit during 2027–2031, with around 40 per cent and 20 per cent of this being recognised in 2027 and 2028, respectively. These estimates include an upfront payment in early 2027 and milestone payments linked to deliveries in subsequent years.
The parties have also entered into a long-term trading services agreement under which Kambi will provide its proprietary AI-powered trading and risk management capabilities, which also acts to further strengthen Kambi’s global network and liquidity pool.
