Date of Update: 9/2/2020
Ticker: KAMBI SS
Theme: Technology
Country: Sweden
Sector: Consumer Services
This is not a recommendation to buy or sell securities.
Kambi is a leading provider of business-to-business sports betting services. The company’s services include front-end user interface design, odds compiling, customer intelligence and risk management, all built on in-house software. Kambi’s business is primarily based on a revenue-sharing model, which aligns the company with its partner operators.
As of 2020, Kambi had more than 20 customers, including Draftkings, Penn National Gaming, Rush Street Interactive, Kindred Group, and 888 Holdings.