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Kambi Group plc publishes 2023 Annual Report and Accounts

Published

1 year ago

March 28, 2024

Peter Tolan

Reading Time: < 1 minute

Kambi Group plc, the world’s trusted sports betting partner, has today published its 2023 Annual Report and Accounts

This can be downloaded from the company website kambi.com or accessed via the PDF in this press release. The report is also available at .kambi.com/annualreport2023/.

Key highlights for Kambi during the year include:

A 13% increase in revenue to €173.3 million when excluding the one-off termination fee from Penn recorded in Q4 2022
€25.2 million in EBITA (acq)*
10 new operator signings including Bally’s Corporation, LiveScore Group and Svenska Spel
Seven partnerships extensions including ATG, Betplay, LeoVegas Group and Rush Street Interactive
60+ sportsbook launches across multiple markets in Europe, Latin America and the US
Repaid the full €7.5 million convertible bond previously held by Kindred Group to give Kambi full control over its future strategic direction

*EBITA (acq) = Earnings before interest, taxation, Items affecting comparability and amortisation on acquired intangible assets

The Annual General Meeting will be held on 21 May 2024 at 14:00 CEST in Birkirkara, Malta.

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Peter Tolan

Peter Tolan, a rising talent in the dynamic world of igaming content, serves as the Junior Content Editor at European Gaming. At European Gaming, Peter has quickly become an integral part of the editorial team. His keen understanding of the igaming landscape across Europe, combined with his skill in digital media, allows him to produce engaging and informative content. He specializes in analyzing trends in online gaming, esports, and emerging technologies in the igaming sector.