Kambi Q2 revenues up 23% with profits flat

Shares slip 6% in early trading with operator turnover slightly behind consensus estimates

Sports betting supplier Kambi has revealed a 23% year-on-year rise in its group revenues for the second quarter of 2019, with revenues hitting €21.6m (£19.3m). Operating profits during Q2 climbed slightly to €2.5m, with the business operating at a margin of 11.7%, while profits after tax fell by €0.1m to €1.6m during the same period.…

Finance | Kambi | Kristian Nylen | Q2 Results | Sports betting | UK | US