Svenska Spel launches new sportsbook powered by Kambi

Svenska Spel Sport & Casino has launched a new sportsbook powered by Stockholm listed betting solutions provider Kambi.

The new platform allows the operator to offer its player base an expanded range of sports betting markets and an enhanced user experience.

This launch follows an agreement signed by the two companies in October 2023 and is expected to contribute meaningful revenue to Kambi in the second half of this year.

“It feels good to be able to offer our customers a new competitive sportsbook,” said Jonas Nygren, product manager at Svenska Spel Sport & Casino. “Customers get an extended gaming experience together with a wider range of both markets and services under our Oddset brand. And being live just in time for the summer's big football party feels extra good.”

Erik Lögdberg, managing director at Kambi, added: “We are very pleased with our launch together with Svenska Spel Sport & Casino, one of the most well-known brands in Sweden in games and entertainment.

“As a starting point for a strong partnership, I am happy that together we succeeded in this as planned before the European Championships, and we look forward to supporting Svenska Spel Sport & Casino's long-term ambitions.”

Shares in Kambi Group plc. (STO:KAMBI) were trading 1.22 per cent higher at SEK99.20 per share in Stockholm Tuesday morning.