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Favourable sporting results boost Kambi in Q4 2017

15th February 2018 8:06 am GMT
Kambi

Stockholm-listed sports betting supplier Kambi recorded strong revenue and profit growth in the final quarter of 2017, generating over 65 per cent of the year's net profit during the period.

Revenue for the fourth quarter of 2017 amounted to €19.0m, a rise of 33 per cent versus Q4 2016.

This marks Kambi's highest ever quarterly revenue figure and is the result of an extended run of favourable sporting results, which began in Q3 2017, driving operator trading [...]

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