Following the announcement of its capital allocation strategy on 23 May 2024, The Board of Directors of Kambi has, empowered by a mandate received at the Extraordinary General Meeting (EGM) on 20 June 2024, decided to initiate a share buyback programme. The objective of the buyback 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.

Kambi has entered into an irrevocable agreement with Carnegie Investment Bank AB (Carnegie) to conduct the share repurchases on its behalf. The acquisition of shares shall take place on one or several occasions on Nasdaq First North Growth market in Stockholm and Carnegie will make its trading decisions in relation to Kambi’s shares independently of and without influence by Kambi and in accordance with the Maltese Companies Act, EU Market Abuse Regulation No 596/2014 (“MAR”) and other applicable rules.

Share repurchases are to be made at a price per share within a defined range. Share repurchases are to be made at a price per share within the recorded interval at any given time, i.e. the interval between the highest buying price and the lowest selling price. Total share repurchases under the programme may not exceed €12 million. Payments for the shares are to be made in cash.

According to the EGM resolution, the maximum number of shares that may be acquired during this mandate is 3,127,830 which was equivalent to 10% of total share in the Company at that time. Acquisitions can be made as of today, 6 November 2024.

At the time of this announcement, the total number of issued shares in Kambi Group is 31,278,297. Kambi currently holds 1,374,678 of its own shares from prior repurchase programmes

EveryMatrix has launched ‘The EveryMatrix Effect’ a unique on-demand video series designed to empower operators to overcome the biggest casino pain points and showcase the impact its technology has on more than 300 global customers.

The campaign is the second successive collaboration with iGaming Business following the award-winning Slot Trumps series that uncovered exclusive player behaviour data across the world’s hottest casino markets. Slot Trumps received great industry acclaim and was viewed more than seven million times across all channels.

For the first time The EveryMatrix Effect video series is hosted on a dedicated section of the iGaming Business website and has been purpose-built to deliver expert insights, actionable tips and learnings and real-world success stories that will help operators navigate the complexities of online casino operations.

Each month the dedicated section will see a new video launched alongside a feast of analysis, data and testimonials discussing the common most challenges casino brands face, how to approach each one and evidence of the ‘EveryMatrix Effect’ across some of the tier-1 providers customers.

In the opening episode, Alexandra Breinig, casino sales manager at EveryMatrix, dives into one of the most important challenges operators face: limited access to quality content and the need for localisation when expanding into new markets. From European regulations to the agility of Latin American and African markets, she shares essential advice to help you stay ahead.

Here is a sneak peak of episode two, live next Wednesday. In this episode EveryMatrix tackles how operators can optimise lobby management and UI personalisation, adapting to market-specific needs and regulations.

Stian Enger Pettersen, CEO, Casino, EveryMatrix, said: “Over the course of 16 years EveryMatrix’s modular technology from casino and sportsbook to affiliate management, player account management and payments, has had a colossal impact on our customers driving record player volumes and revenues. We call this the ‘EveryMatrix Effect’.

“Whether you are entering new markets, scaling your business or addressing ongoing issues, our carefully crafted on-demand video and content series offers data-driven best practices and performance metrics to support your success.”

ProgressPlay, a leading force in the iGaming industry, is proud to announce its nomination as a finalist for the Unique Selling Point category at the prestigious SiGMA Europe 2024 Awards. This shortlisting recognises ProgressPlay’s pioneering efforts in delivering cutting-edge technology and customisable gaming platforms that offer partners and operators unmatched innovation and flexibility in the iGaming space.

The SiGMA Europe Awards, widely regarded as one of the most influential ceremonies in the gaming and tech industries, celebrates trailblasing companies that continue to drive excellence in their respective fields. ProgressPlay’s recognition in the Unique Selling Point category highlights its commitment to providing groundbreaking solutions that meet the evolving needs of both operators and players worldwide.

The SiGMA Europe 2024 Awards will take place in Malta later this month, gathering leaders and innovators from across the globe to celebrate the best in the gaming industry.

“We are delighted to be shortlisted and excited to unveil our latest bingo product at SiGMA Europe, a licensed White-Label Bingo for the UK-Market,” said Marina Nahhas, Head of Sales and Marketing at ProgressPlay. “This product, fully compliant with both UKGC and MGA regulations, opens up new possibilities for operators.”

ProgressPlay is a leading provider of white-label and turnkey solutions in the iGaming industry. With over a decade of experience, ProgressPlay offers cutting-edge technology, a flexible platform, and a vast portfolio of games and services to B2B clients globally. The company’s solutions are designed to provide maximum scalability, operational autonomy, and regulatory compliance.

Visit ProgressPlay at Stand 3012 during SiGMA Europe to experience the future of iGaming firsthand. ProgressPlay offers cutting-edge technology, a flexible platform, and a vast portfolio of games and services to B2B clients globally

“We are thrilled to be shortlisted for this prestigious award,” said Itai Lowenstein ProgressPlay CEO. “It is a testament to the hard work and dedication of our entire team to deliver unique, innovative products that set us apart in the competitive iGaming industry. ProgressPlay continues to be a preferred partner for businesses looking to elevate their online gaming operations.”