Kambi posts 189% revenue rise as Euro 2020 drives betting business

Sportsbook supplier reports positive financial results as CEO praises UEFA tournament for picking up the slack in absence of US sports

Kambi has posted an astronomical 189% year-on-year increase in revenue for Q2 2021 as a strong Euro 2020 drove business during an unusual comparative period. Revenue throughout April, May and June amounted to €42.8m, up from €14.8m in 2020, with the low figure exacerbated by Covid-19 sports shutdowns. Despite the positive boost Euro 2020 offered…

Finance | Kambi | Kristian Nylen | Q2 2021 | Sports betting