STOCKHOLM–(BUSINESS WIRE)–Regulatory News:
Kambi Group plc (STO:KAMBI) is pleased to announce that it has signed an
agreement to deliver its fully managed Sportsbook solution to mobile
gaming operator LeoVegas. The agreement will see Kambi’s sportsbook
tightly integrated into LeoVegas’ proprietary platform enabling its
players to move seamlessly between casino and sport. In addition, the
agreement with Kambi will further enable LeoVegas to expand into
international markets.
Kristian Nylén, CEO of Kambi Group plc, commented:
“LeoVegas is a very exciting and fast growing brand in mobile gaming. We
are excited to work with LeoVegas as our services will complement their
existing casino offering with a premium sports betting service that will
accelerate growth. Our mutual interest in driving innovation in mobile
sports betting forms a powerful foundation for this partnership. We look
forward to supporting LeoVegas in delivering on its ambition to create a
game changing mobile sports betting experience.”
Gustaf Hagman, Group CEO and Co-founder of LeoVegas, said:
“LeoVegas mobile gaming group´s success to date has been based on a
passion for the greatest gaming experience, innovation and a genuine
mobile first focus. At LeoVegas, we would never compromise on
the customer experience and in sports we believe no one has yet taken
the mobile leadership position.
Following an extensive selection process, we are thrilled to be
partnering with Kambi whom we identified as the partner that can match
our high ambition and provide enabling technology and capability for us
to innovate and drive the sports betting experience in the mobile era.
We are excited by this partnership and look forward to delivering a game
changing mobile sports betting experience.”
About LeoVegas Mobile Gaming Group
LeoVegas´ vision is to create the greatest gaming experience and be
number one in mobile gaming entertainment. The Mobile Gaming Group
LeoVegas holds a leading market position in mobile casino
gaming. LeoVegas is characterised by award winning innovation and strong
growth. The operations of LeoVegas are based in Malta while the
technology development is in Sweden. The ultimate parent company
LeoVegas AB (publ) invests in companies operating in gaming on mobile
and other online devices, as well as companies developing related
technology. LeoVegas has been internationally recognised and has won
several awards, including “Slot operator of the year 2015”, “Marketing
Campaign of the year” and “Innovation in Mobile and Tablet” at EGR
Awards. More at www.LeoVegas.com
About Kambi
Kambi Group plc is a B2B supplier of fully managed sports betting
services on an in-house developed software platform, providing premium
turnkey sports betting solutions to B2C operators. Kambi’s service
encompasses a broad offering from front end through to odds compiling
and risk management. Kambi employs approximately 433 staff across
offices in Malta (head office), Bucharest, London, Stockholm and Manila.
The company’s current coverage includes more than 120,000 live betting
events and 250,000 pre-match events per year, covering 65 different
sports from all over the world. Kambi’s customers include Unibet, 888,
Paf, 32Red and Napoleon Games. Kambi utilises a best of breed security
approach, with guiding principles from ISO 27001. Kambi Sports Solutions
is eCOGRA 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 report/press release is such that
Kambi Group plc is required to disclose under the Swedish Securities
Market Act.
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