Favourable sporting results to boost Kambi profits

Positive football results in top European leagues sees Kambi’s trading margin hit 9.7% ahead of Q4 figures

Sportsbook provider Kambi has hailed the benefits of favourable sporting results in Q4 that will boost revenues and profits although have a dampening effect on turnover. The provider issued a trading update yesterday, reporting a Q4 trading margin of 9.7% significantly ahead of the projected 6.5-7% average. Danske Bank analysts are predicting revenues of €19m for…

Finance | Kambi