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Kambi Renews with Napoleon Games
Kambi, the Sportsbook supplier and leading B2B provider of premium sports betting services to licensed B2C gaming operators has signed a multi-year extension to its contract with Napoleon Games, the Belgian operator.
As per the newly signed deal Kambi promises to extend its multi-channel sports betting and technology services to Napoleon.
As Kambi and Napoleon have been associated with each other since 2012 this agreement ensures the Belgian firms privilege to access Kambi’s full range of online and retail products.
Kambi’s price differentiation tool, real-time bonusing features and ‘Instant Betting’ are some of the offers added under the deal.
As per a Napoleon Games spokesperson “Belgium has become a very competitive market and therefore Kambi’s depth of offer is an important element as it gives Napoleon a key point of difference.”
“Kambi has also made its platform more flexible, including the creation of customisable odds, which is vital to us.”
“These two elements, combined with Kambi’s track record of spring boarding sports books and the strong relationships we have between us, make this an ideal partnership.”
Kristian Nylén, the chief executive of Kambi, added: “Following agreements with 888, LeoVegas and Paf, Kambi has strengthened relationships with four key customers in a short period, which not only underlines the quality and flexibility of the Kambi sportsbook but also secures important sources of revenues for years to come.”
“When coupled with the four new customers signed in 2017, Kambi enters 2018 with real momentum and I am very excited for what the year has in store.”
Kambi Group plc (“Kambi”) has during the period 6 November to 12 November 2024 (the “Buyback Period”) repurchased a total of 54,000 ordinary B shares (ISIN: MT0000780107) as part of the share buyback programme, within the mandate approved at the Extraordinary General Meeting on 20 June 2024 (the “Programme”).
The objective of the Programme is to achieve added value for Kambi´s shareholders and to give the Board increased flexibility with Kambi´s capital structure by reducing the capital. The Programme is being carried out in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.
From the beginning of the Programme, which started on 6 November, until and including 12 November 2024, Kambi has repurchased a total of 54,000 ordinary B shares at a volume-weighted average price of 111.87 SEK per share.
During the Buyback Period, Kambi has repurchased shares as follows:
| Date | Aggregated daily volume (number of ordinary B shares) |
Weighted average share price per day (SEK) |
Total daily transaction value (SEK) |
| 6 November 2024 | 14,000 | 117.27 | 1,641,822 |
| 7 November 2024 | 10,000 | 115.17 | 1,151,709 |
| 8 November 2024 | 10,000 | 110.08 | 1,100,826 |
| 11 November 2024 | 10,000 | 107.82 | 1,078,240 |
| 12 November 2024 | 10,000 | 106.81 | 1,068,130 |
All acquisitions have been carried out on Nasdaq First North Growth Market in Stockholm by Carnegie Investment Bank AB on behalf of Kambi. Following the acquisitions and as of 12 November 2024, Kambi’s holding of its own shares amounted to 1,428,678 and the total number of issued shares in Kambi is 31,278,297 ordinary B shares. Under the Programme Kambi is authorised to repurchase a maximum of 3,127,830 ordinary B shares, up to a maximum amount of €12.0 million.
A full breakdown of all transactions carried out during the Buyback Period is attached to this announcement.
Information on the Programme is available on Kambi’s website, kambi.com/investors/share-information/
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Growe Partners, an affiliate program, which has skyrocketed its performance in the iGaming industry in just a year, has received yet another recognition as the Best Affiliate Program at the SiGMA Europe Awards 2024.
The ceremony took place in Valletta, Malta on Nov, 12th, and the victory was achieved through a combination of public votes on the award page and evaluations by a distinguished jury panel.
In just a year Growe Partners has rightfully reserved a place amongst industry leaders, who have been in the game for a lot longer, and as they say themselves — they are not going anywhere. Today Growe Partners is a network with over 32 thousand partners, operating in more than 10 locations worldwide.
“This achievement reflects our commitment to investing in our people, our partners, our ideas, and continuously implementing new innovative approaches. We are proud of the strong team we have built, which is always on the lookout for ways to develop and better themselves. And whose dedication resulted in this victory.
With winning this award we would like to once again emphasize that everything is possible in our industry if you set the right goal and work hard for it.” , — commented Dima Mariievskyi, Head of Growe Partners.
Kambi Group plc repurchase of shares during 6 November – 12 November 2024
Zillion Games launches Storm Fruits 2
Growe Partners Named Best Affiliate Program. Once Again.
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