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Kambi grows second quarter revenue to €42.9 million

26th July 2023 10:20 am GMT
Kambi

Sportsbook solutions provider Kambi Group has reported a 24 per cent increase in revenue to €42.9 million for the second quarter of 2023, despite the impact of Penn Entertainment's declining market share.

Operator partner turnover increased by 4 per cent in Q2, driven by growth from new and existing partners and launches in additional US states. This was offset by Penn’s declining market share across multiple US states and unfavourable foreign exchange movements.

Soccer was the largest [...]

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