Stockholm-listed sports betting solutions provider Kambi has seen momentum generated in the second half of 2017 continue into the first quarter of 2018, with revenue and profit both growing year-on-year.

The supplier saw Q1 revenue increase 15 per cent to €16.4m, with half of this total generated from locally regulated markets.

Operating trading margin for the period came in at 7.9 per cent, higher than the 7.4 per cent average margin for 2017 but lower than the 9.7 per cent margin reported in Q4 2017. 

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