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2017-07-27 17:22 CEST
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Addendum: Kambi Group plc additional information on the Bulgarian National Lottery AD deal

Malta, 27 July 2017

 

Addendum: Kambi Group plc additional information on the Bulgarian National Lottery AD deal

Kambi Group plc announced earlier today that it has signed a multi-year agreement with the Bulgarian National Lottery AD, the leading private gaming company in Bulgaria, for Kambi to provide its sports betting and technology services to the operator's 7777 brand.

Additional information: Kambi expects this deal to have a positive but not significant impact on revenue in 2018, with strong growth potential in subsequent years.

The deal is in line with Kambi's strategy of working with operators in regulated markets who have market leadership ambitions. Bulgaria is a growing regulated market and the National Lottery AD has great ambitions to be the market leader.

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About Kambi

Kambi is a provider of premium sports betting services to licensed B2C gaming operators.  Kambi Group plc is listed on First North at Nasdaq Stockholm. Our services encompass a broad offering from front end user interface through to odds compiling, customer intelligence and risk management, built on an in-house developed software platform. Kambi's 14 customers include Unibet, 888, Paf, Televisa and Napoleon Games. Kambi employ more than 500 staff across offices in Malta (headquarters), Bucharest, London, Manila, Stockholm and Sydney.

Kambi utilises a best of breed security approach, with guiding principles from ISO 27001. Kambi 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 press release is such that Kambi Group plc is required to disclose under the EU Directive of Market Abuse Regulation.

www.kambi.com

Kambi

Kristian Nylen, Chief Executive Officer

+44 7764 161 055

 

 

HUG#2123707