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Kambi benefits from strong Q4 to report 2% revenue growth in 2022

22nd February 2023 8:23 am GMT
Kambi

Sports betting technology and services provider Kambi has recorded a 2 per cent increase in full year revenue to €166m following a strong end to 2022.

The company benefited from 66 per cent revenue growth in the final quarter of the year to €57.8m following a number of new market launches, and the inclusion of a €12.6m termination fee from Penn Entertainment.

Excluding the termination fee, revenue in the fourth quarter was 30 per cent higher than [...]

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