Stockholm-listed sports betting technology provider Kambi has reported a 38 per cent increase in revenue to €162.4m in 2021, helping net profit for the period nearly double to €46.4m.
The strong full year revenue growth came despite a 26 per cent drop in revenue during the final quarter of the year to €34.9m, with operator turnover declining after adjusting for the migration of 888 and DraftKings, and the impact of new regulations in the Netherlands.
“The momentum [...]
