Tag Archives: Kambi
UK – Kambi’s growth slows due to less new market openings and Penn migration
A slower roll-out of new markets and the impact of Penn Entertainment’s online migration dented Kambi’s growth last year and in the fourth quarter. Kambi’s revenue amounted to €44.3m for the fourth quarter of 2023, down from €57.8m and €173.3m for the period January to December of 2023, up from €166m. This provided underlying turnover…
Sweden – Kambi to power Svenska Spel’s online and retail sportsbook
Kambi Group has signed an exclusive long-term agreement to power the online and retail sportsbook of Svenska Spel Sport & Casino, the former Swedish monopoly operator. Following a competitive tender process, Kambi was selected by Svenska Spel Sport & Casino due to the strength of its sportsbook product, its commitment to upholding the highest levels…
UK – Kambi expands LeoVegas partnership with BetMGM international launch
Kambi Group, the world’s trusted sports betting partner, has expanded its partnership with LeoVegas Group with the launch of the BetMGM brand in the UK. Having been acquired by MGM Resorts International (“MGM Resorts”) in 2022, LeoVegas Group will undertake BetMGM’s casino and sports betting operations in the UK and leverage Kambi’s powerful suite of…
Brazil – Eyas Gaming partners with Lance!
Gauselmann Group partner, Eyas Gaming is collaborating with Brazil’s sports media company Lance! to develop and operate the brand from its offices in Gibraltar and Malta. “We are excited to collaborate with Lance!, one of Brazil’s leading independent media companies specialising in sports news. We believe this launch signals our ambition in creating lasting B2B…
Latin America – Kambi sets its sights on Latin America after 19 per cent revenue increase
The first quarter was another busy period for sports betting provider Kambi including new market launches in the Americas, the expansion of Kambi’s partner network and a full sporting calendar. These events helped drive a 12 per cent year-on-year increase in operator turnover and a 19 per cent rise in revenue to €44m. EBITA was…
UK – Kambi unveils agenda for the Festival of Sportsbook 2023
Kambi, the world’s trusted sports betting partner, has today begun to unveil the agenda for its upcoming Festival of Sportsbook 2023, a sports betting content series featuring a line-up of industry specialists from across Kambi and the wider market. Taking place between 6-9 June, the Festival is returning for a third year where delegates will…
Colombia – Kambi signs sportsbook partnership extension with Corredor Empresarial
Kambi Group and Corredor Empresarial, the number one regulated betting and gaming operator in Colombia, have agreed a long-term sportsbook partnership extension. The agreement is the second renewal to the successful partnership first signed in 2017, one which has seen the operator’s BetPlay brand become the clear market leader in Colombia’s licensed sports betting market….
US – Wisconsin to become Kambi’s 22nd state with Potawatomi Casinos Wisconsin launch
Kambi Group has signed a multi-channel sportsbook partnership with Potawatomi Casinos & Hotels, a multi-property operator with locations in Milwaukee and Carter, Wisconsin. The multi-year agreement will see Potawatomi Hotel & Casino open the first sportsbook in Milwaukee, Wisconsin, which is set to become Kambi’s 22nd live US state, featuring 20 self-service kiosks along with additional kiosks…
US – Kambi signs on-property sportsbook partnership with del Lago Resort & Casino in New York
Kambi Group has signed a multi-year agreement to provide its on-property sportsbook solution to del Lago Resort & Casino in Waterloo, New York, that is owned and operated by Churchill Downs Incorporated. Del Lago Resort & Casino, the World Casino Awards winner for North America’s Best Casino and New York’s Best Casino and Hotel, will…
