Kambi Joins Swedish Online Gambling Trade Association

Sports betting provider Kambi has joined the Swedish igaming operator trade association Branschföreningen för Onlinespel (BOS) and become the first B2B member of the association.

“Kambi is delighted to have been elected to join BOS, an organisation aligned with our aims of building a successful and sustainable betting market in Sweden that not only protects players through high rates of channelisation, but safeguards the integrity of sport through sensible regulation,” Kambi’s associate general counsel Tommaso Di Chio said.

“I am convinced that Kambi has plenty to offer in our efforts to create a prosperous Swedish gambling market. Having worked with a broad variety of gambling operators, their experience is unique. I am particularly convinced that Kambi’s knowledge will contribute greatly to the effort on conserving and strengthening the integrity in sports,” BOS secretary-general Gustaf Hoffstedt said.

Earlier this month, Kambi posted a year-on-year increase in revenue and profit for 2019, putting this down primarily to its expansion into several new markets within the US. Revenue for the 12 months to 31 December 2019 amounted to €92.3m, up 21.1% from €76.2m in the previous year.