Kambi reports “historic Q3” on US strength

Sportsbook provider’s revenues climb 39% thanks to New Jersey growth and strong trading margin

Kambi has reported a 39% rise in Q3 revenues to €20.5m, driven by the football World Cup, growing customers and a healthy 8.6% operator margin. Operating profit (EBIT) for the third quarter was €4.2m, up from €1.1m in the same period. Kambi said the lofty trading margin primarily influenced by higher-than-expected margins in most football…

Finance | Kambi