Finance

Kambi revenues up 12% in Q3 on US growth

Operating profit slips 19% in the quarter after continued investment stateside

Kambi has reported a 12% rise in Q3 revenues to €23m on the strength of the sports betting supplier’s continued US expansion. Operating profit for the quarter was €3.4m, down 19% year-on-year, after investment in the US opportunity and the lack of a major football tournament. Operator turnover climbed 23%. Kambi CEO Kristian Nylen said:…

Finance | JACK Entertainment | Kambi | Kindred Group | Penn National

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