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Kambi Group plc signs multi-channel deal with Stanleybet Romania

Zoltan Tundik

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Malta, 19 April, 2018 – Kambi Group signs multi-channel deal with Stanleybet Romania
Leading Romanian operator to migrate to the Kambi Sportsbook both online and across its 300-plus high-street shops

Kambi Group plc has signed a deal with leading Romanian operator Stanleybet Romania to provide its award-winning Sportsbook across the company’s online and retail channels.

Stanleybet Romania is one of the largest sports betting operators in the regulated Romanian market. Having launched in 2004, the operator now has more than 300 shops and a growing online presence.

The deal follows an extensive tender process, with Stanleybet Romania careful to select a trusted partner with the ability to provide a secure and high-quality sportsbook, as well as the differentiation capabilities required to succeed in the competitive local market.

The long-term agreement will initially see Stanleybet Romania transition its online customers to Kambi’s award-winning Sportsbook platform, which will be integrated into an Oryx Gaming player management system.

The integration and migration is expected to be completed in a matter of weeks and ahead of this summer’s football World Cup, highlighting both Kambi’s scalable technology and industry-leading speed to market.

Following the online upgrade, Stanleybet Romania will launch Kambi’s retail solution, which will be adapted in partnership to ensure a smooth transition for Stanleybet Romania customers. The roll-out is expected to begin in H2 2019.

Kambi expects the deal will have a moderate impact on 2018 revenues, although the partnership will deliver a more significant source of income in future years.

“As one of the strongest sports betting brands in Romania, I’m delighted Stanleybet Romania has chosen Kambi and our market-leading Sportsbook to springboard the company to its next phase of growth,” Kristian Nylen, Kambi Chief Executive, said.

“The agreement reflects the strength of our multi-channel offer, as well as the flexibility of the Kambi Sportsbook, with Stanleybet keen to offer their customers a unique and differentiated sports betting experience,” he added.

Sorin Georgescu, Stanleybet Romania Chief Executive, commented: “This partnership is a key milestone for Stanleybet Romania’s evolution in the local market. During the tender process, it quickly became clear Kambi not only had the best sportsbook in the field but also possessed the most sophisticated proprietary technology in the industry.

“Our mission is to offer our customers the best sports betting experience possible and by partnering with Kambi we will be able to do exactly that, with the added flexibility to differentiate and stay true to the strong Stanleybet Romania brand,” he added.

For further information, please contact:

Kambi Group plc
Kristian Nylen, Chief Executive Officer
David Kenyon, Chief Financial Officer
+44 203 617 7270
www.kambi.com

About Kambi

Kambi is a provider of premium sports betting services to licensed B2C gaming and gambling operators.  Kambi Group plc is listed on First North at Nasdaq Stockholm. Our services encompass a broad offering from frontend user interface through to odds compiling, customer intelligence and risk management, built on an in-house developed software platform. Kambi’s 17 customers include Kindred Group, 888, Paf, Televisa, LeoVegas, Mr Green and Napoleon Games. Kambi employs more than 600 staff across offices in Malta (headquarters), Bucharest, London, Manila, Stockholm and Sydney.

Kambi utilises a best of breed security approach.  Kambi is a member of WLA, EL, Cibelae and is eCOGRA and ISO 27001 certified.  Kambi Group plc is listed on First North at Nasdaq Stockholm under the symbol “KAMBI”. The Company’s Certified Advisor is Redeye AB.

Disclaimer: The information in this press release is such that Kambi Group plc is required to disclose under the EU Directive of Market Abuse Regulation and the Swedish Securities Market Act.

The information in this report was sent for publication on Thursday, 19 April 2018 at 15:15 CET by CEO Kristian Nylén.

  

About Stanleybet Romania

Stanleybet Romania offers its services through land-based betting outlets and online through www.stanleybet.ro. The company has more than 14 years of experience in the local market, becoming one of the most trusted sports betting brands in Romania and proving its ability to continuously innovate and adapt to the market’s trends and preferences. With a business model built around three main pillars: customers, innovation and high-quality products, Stanleybet Romania is one of the leading operators in the local market. Its land-based network is made up of more than 300 shops while the online platform services thousands of players. The Stanleybet Romania business consists of a team of 1,200 employees who all think, work and act in line with their customers’ needs.

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Eastern Europe

NSoft`s In-Play Betting MTS in CloverBet´s branch network

George Miller

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NSoft`s In-Play Betting MTS in CloverBet´s branch network
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NSoft has confirmed new partnership in Romania. CloverBet has selected NSoft´s In-Play Betting MTS solution for its retail network of 50 shops.

 

Comprehensive NSoft Sportsbook solution driven by Betradar’s data provides clients with an extensive offer of up to 25, 000 live events per month across 20+ sports (In-Play MTS).

“We have implemented our In-Play Betting MTS solution to CloverBet branch network. It perfectly fits the existing CloverBet`s business requiring no additional costs. Full responsiveness of our Sportsbook´s solution is a major precondition for further development of cooperation with our new client – CloverBet,” said Karlo Kralj, Regional Sales Manager at NSoft.

NSoft’s Sportsbook MTS solutions for Pre-Match and In-Play Betting are driven by the expertise and commitment of highly skilled professionals who have mastered the art of data management. In addition, the risk related issues are managed by NSoft team, enabling the client to concentrate on business growth path.

NSoft operates on the world’s market for over ten years achieving the company’s goal of becoming one-stop-shop for sport`s betting industry.

NSoft will be showcasing its comprehensive suite of products at ICE London 2019. Don’t miss out on the chance to find out more about NSoft’s products, meet us at Stand S1-260. Book a meeting with NSoft team or contact sales@nsoft.com.

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Eastern Europe

Romania promulgates new turnover tax on gambling operators

Niji Ng

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Romania promulgates new turnover tax on gambling operators
Image Source: casino.org
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The Romanian government has reduced the gambling turnover tax to 2 per cent. Earlier, the turnover taxes, known as gambling participation fees, were 5 per cent turnover tax for online operators, and a 3 per cent tax for land-based casinos, as per an emergency ordinance. The new ordinance slaps a, as “gambling participation fees.” The gambling operators have to pay the gambling participation fees in addition to the already existing 16 per cent tax on the gross gambling revenue.

The lowering of the turnover tax will come as a relief to the gambling operators. However, it has been reported that the government will retroactively apply the tax to last year’s performance of gambling operators with a Romanian license. Operators are given a deadline, till February 25, to pay this amount.

The Romanian government has done this before in the past—retroactively charging the gambling industry to help fund its budget requirements. In 2015, operators which were going to be licensed at the time were required to pay back taxes, which was 20 per cent of the revenue they generated from Romanian punters since 2009. The government made a last-minute announcement to force operators to pay the amount.

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Eastern Europe

Esports demonstration programme included in European Games Cultural programme in Minsk

Niji Ng

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Esports demonstration programme included in European Games Cultural programme in Minsk
Photo Source: tottenhamhotspur.com
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Belarusian Federation of esports will conduct a demonstration programme during the European Games cultural programme next year in Minsk.

“We’ve been working towards the goal for a long time,” Denis Bogush, Belarusian Federation of esports chairman, said.
“The accomplishment confirms the significance of the work we’ve done.”

The Belarusian Federation of esports has expressed their intention to organise a “major tournament” of FIFA 19, the latest instalment of the football simulator game.
It is claimed that the esports players from famous European clubs and teams from the nations in the Commonwealth of Independent States which include Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Tajikistan, Uzbekistan and Russia will participate in the programme.
As per the Federation, work is in progress on the format of the tournament and the list of clubs.
In the Asian Indoor and Martial Arts Games, 2017 held at Ashgabat, esports had featured as a full medal sport.
In this year’s Asian Games held at Jakarta and Palembang, esports was included as a demonstration event. It is having the potential t to become a full medal event at the 2022 edition in Hangzhou in China.

Recently, the Olympic Summit declared that esports being included on the Olympic programme in the near future.

Olympic Summit also stated that some games are violent and, therefore, “are not compatible with the Olympic values and therefore cooperation with them is excluded”.

The Summit called for “accelerated cooperation” with these kinds of esports, urging International Federations to explore the “potential benefits and applications of the electronic and virtual versions of their sports.”

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