Finance

Kambi eyes US opportunity as revenues climb 33%

Supplier recorded above-average margins of 9.7% for Q4 on the back of favourable sporting results

Kambi has reported a 33% rise in Q4 revenues to €19m, buoyed by high sportsbook margins in the second half of the year. Favourable Premier League outcomes in particular saw margins hit 9.7% in Q4 and led to the firm outperforming its expected average of 6.5-7%. Operating profit for the quarter climbed 178% on the…

Finance | Financials | Kambi | Sportsbook

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