KAMBI Presents Q3 2018 results

in Finance

 CLICK HERE TO VIEW THE RESULTS

Main highlights are:

A record quarter with operator turnover up 31% y-o-y and revenues up 39%. 

Large bulk of growth from operators outside of the US – without US customers, operator turnover growth still more than 25%. 

First time where Q3 turnover exceeded turnover from Q2 in year with major summer soccer tournament. 

Signed three new customers – ATG, Latvian Loto and Global Gaming. 

Entered US market and became first to process a legal online sports wager post-PASPA in New Jersey with partner DraftKings. 

According to DGE revenue figures for September, Kambi had an online market share of more than 70% in New Jersey, with three of eight online books powered by Kambi.  

 Announced talks with Greenwood Gaming and Entertainment regarding the provision of multi-channel sportsbook to its Parx Casino and South Philadelphia Turf Club.  

 Have recently gained a licence for West Virginia – revealing this for first time today. 

There will be a presentation and Q&A at 10:45 CET, details of how to listen in are below: 

You are invited to participate in a report presentation at 10:45 CET with the CEO Kristian Nylén and CFO David Kenyon. The presentation will be held in English via a telephone conference and can also be accessed via an audiocast using the link below.

Questions can be asked on the telephone conference or sent via the audiocast link. Please see details in the link below:

https://financialhearings.com/event/10897   

Numbers for participation in the telephone conference:

SE: +46 8 566 426 62 UK: +44 203 008 9811 ES: +34 9 1414 07 82

US: +1 855 753 2236

 No pin required. 

Link to the audiocast: https://tv.streamfabriken.com/kambi-group-q3-2018  

Please let me know if you have any questions and/or you would like to arrange an interview.

 

Gerard Starkey                                                          

Head of Content

This email address is being protected from spambots. You need JavaScript enabled to view it.

Mobile:+44 (0) 7720 496 788

www.kambi.com 

UK: 3rd floor, 1 Queen Caroline Street,London, W6 9HQ