Now active in seven US states, Kambi reported an increase in active players of 52% compared to 2018, with an increase in bets placed of 40% despite the absence of a major summer football tournament.
The company also signed six new partners during 2019: BetWarrior, mybet, Jack Entertainment, Penn National, Mohegan Sun and Seneca Resorts and Casinos.
“As I look back on 2019, I can say with confidence that it was a year which reinforced Kambi’s status as the sportsbook partner which operators in regulated markets can trust to deliver,” said CEO Kristian Nylén. “An independent partner offering the regulatory expertise, technological scalability and scope for differentiation operators need to achieve market leadership.
“We have continued our track record of delivering market firsts for our partners, taking the first legal online wagers in Pennsylvania and Indiana, going live on day one in Iowa and processing the first wagers in New York and New Hampshire,” he added.
“The year closed with the news our partner DraftKings had entered into a transaction with a view to owning its own sportsbook technology. The revenues generated from this partnership are unlikely to be affected in 2020. And while we were unable to convince DraftKings their interests would be best served with Kambi, I am confident that a competitor supplier being absorbed by a large operator will enhance the appeal of Kambi moving forward,” Nylén concluded.
Source: GMB / InterGame Online
