Swedish sportsbook software supplier Kambi Group has posted a 29 per cent rise in revenue for the first quarter, aided by an increase in live events and its UK business.

Revenue for the quarter amounted to €10m, up from €7.7m in Q1 2014, aided by a 47 per cent year-on-year increase in operator turnover, which rose to €147m. This was driven in part by what Kambi described as a “significant increase” in the number of live events offered, and an increase in business from UK operators.

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