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Kambi shares soar as revenue and profit climbs in second quarter

24th July 2024 10:18 am GMT
Kambi

Sportsbook technology provider Kambi has posted a 6.5 per cent increase in revenue to €45.7 million for the second quarter of 2024, with results in June boosted by the Euro 2024 and Copa America football tournaments.

Operator turnover increased by 3 per cent year-on-year, and was up 20 per cent when excluding the impact of the Penn online migration.

Football was the number one turnover-driving sport of the quarter, which included the end of the European domestic [...]

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