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Kambi records 55% Q1 revenue increase as profit soars


Kambi has posted Q1 revenue of €43.2m (£37.6m/$52.2m) for 2021, representing a 55.1% increase on last year thanks to continued growth of the US market and a busy American sporting calendar.

The supplier said 87% of this revenue was generated from locally regulated markets, while operator turnover grew 122%.

The Americas proved to be the company’s most reliable revenue stream contributing just over 60% (€25.9m) of the total figure, while Europe pulled in just under 40% (€17.3m) of revenue in the first quarter of 2021.

Read the full story on iGB.