Kambi is a B2B sports betting supplier founded in 2010 by Kristian Nylén and Anders Ström and publicly listed since 2014, trading as Kambi Group plc. It provides operators with two products. Turnkey Sportsbook is an end to end sportsbook for online and retail channels combining platform technology, AI driven trading, risk management and differentiation tools, which the company says is licensed in more than 100 regulated jurisdictions across six continents. Odds Feed+ delivers odds before and during events, including micro markets and player props, through a single API integration. Kambi states that more than 70 operators use its services and that 99 per cent of its turnover is locally licensed, with its pricing informed by billions of bets processed across its network each year. Recent announcements cover agreements with QuinnBet in the UK and Ireland and Olimpo.bet in Peru.
Kambi trades as KAMBI on Nasdaq First North Stockholm and carries 0.29% of the iGT 25 iGaming stock index.
Kambi has settled on full-year adjusted EBITA of around €26 million after a World Cup-led third quarter. That implies a fourth quarter about a third below last year's, and Brazil is not the largest reason.
European Entertainment Group's ComeOn and the Helsinki newcomer SuomiVeto say Finland's National Police Board has licensed them for the market that opens on 1 July 2027, joining Hippos ATG and Wildz. SuomiVeto has published its licence number and decision date, while the board has yet to publish a list of licensees.
Leading operators implement machine learning to detect high-risk players in real-time, reducing affordability breaches by 40% while maintaining player retention. New compliance tools from DraftKings, FanDuel reshape operator margins.
A record World Cup drove Kambi's second-quarter revenue up 13.5% and more than doubled its adjusted earnings, prompting the sportsbook supplier to lift its full-year profit guidance.