Kambi Group Plc
Kambi Sportsbook
|
|
| Traded as | (KAMBI) |
|---|---|
| Industry | Gaming |
| Headquarters |
75 Quantum House, 3rd Floor, Abate Rigord Street, Ta’ Xbiex, XBX1120 |
|
Number of locations
|
(6) Bucharest, London, Malta, Manila, Stockholm, Sydney |
|
Key people
|
Kristian Nylén, Chief Executive Officer Erik Logdberg, Deputy CEO and CBDO Ian Freeman, Chief Commercial Officer |
| Products | Online gaming and casinos, Software and associated services |
| Services | Fully managed sports betting solutions |
|
Number of employees
|
525+ |
| Website | www.kambi.com |
75 Quantum House, 3rd Floor, Abate Rigord Street, Ta’ Xbiex,
Kambi Group Plc is a B2B provider of sports betting services to licensed B2C gaming operators. The company provides a software platform with front end user interface, odds compiling, customer intelligence and risk management.
Kambi Group is listed on First North at under the symbol "KAMBI". The company is eCOGRA certified, with Redeye AB as certified advisor .
On 19 May 2014, shareholders of Unibet Group plc approved the proposed spin-off of its B2B subsidiary Kambi Group Plc. The company's 95 per cent stake in the business was subsequently distributed to Unibet shareholders. Kambi Group Plc share started trading on the NASDAQ OMX Stockholm First North on 2 June 2014. The share closed at SEK 34 on the first day of trading, giving the company a market valuation of SEK 1,011,200,700.
Since being listed, Kambi have grown from 80 people to over 525+ people with offices in Malta (HQ), Bucharest, London, Manila, and Sydney. In 2013, the online and mobile gaming operator 888 Holdings moved its sportsbook services to Kambi for its 888sport brand. In 2014 32Red selected Kambi as their sportsbook provider, and extended the contract in 2016. Also in 2016, LeoVegas signed an agreement with Kambi Sportsbook to enter the sports betting market. Following this announcement The Rank Group and Kambi enabled Rank's online casino brand Grosvenor to provide betting to its 1.7m UK customer base via mobile and desktop channels.
On 27 July 2016, Kambi announced an agreement with the Spanish international gaming group R Franco to provide its omni-channel service. Kambi Group plc partnered with Novomatic Lottery Solutions on 18th October 2016 to provide a powerful full-service gaming solution to government regulated lotteries. 24 November 2016 also saw Kambi sign an agreement with Apuestas Internacionales, S.A. de C.V. for the provision of multi-channel sports betting service for the brand "PlayCity". February 7, 2017 saw Kambi sign an agreement with Greentube Novomatic Interactive.
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Wikipedia