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Kambi sees sharp drop in share price despite improved profitability in Q2

25th July 2018 9:03 am GMT
Kambi

Sports betting provider Kambi Group has posted a net profit of €1.7m for the second quarter of 2018 following a strong performance which saw quarterly revenue increase by 25 per cent.

Revenue rose to €17.6m for the quarter as growth was supported by another period of above average operator trading margins of 7.8 per cent.

The supplier explained that the culmination of the European football season and the start of the World Cup had a mixed impact [...]

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