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Kambi posts 2 per cent fall in Q1 revenue

24th April 2024 8:52 am GMT
Kambi

Sports betting solutions provider Kambi has reported a 2 per cent fall in revenue for the first quarter of 2024.

Kambi’s first quarter revenue fell to €43.2 million as a result of lower turnover from operator partners, which the company attributed to the migration of Penn Entertainment’s online business in July 2023.

The company said that excluding the Penn migration, turnover in the first quarter of this year would have been 3 per cent higher than Q1 [...]

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