Stockholm-listed sportsbook technology provider Kambi has reported a 4 per cent increase in revenue to €173.3 million for 2023, despite posting a significant decline in the final quarter of the year.
Revenue in Q4 fell by 23 per cent year-on-year to €44.3 million, with the comparable period last year including a termination fee of €12.6 million from Penn Entertainment.
Excluding this, revenue would have decreased by 2 per cent against tough comparatives including the FIFA World Cup [...]
