Kambi Group Plc is a B2B provider for sports betting services to licensed B2C gambling operators. The company provides a software platform with front end user interface, odds compiling, customer intelligence and risk management.
Kambi Group is listed on First North at Nasdaq Stockholm under the symbol "KAMBI". The company is eCOGRA certified, with Redeye AB as certified advisor.[1]
History
On 19 May 2014, shareholders of Unibet Group plc approved the proposed spin-off of its B2B subsidiary Kambi Group Plc.[2] The company's 95 per cent stake in the business was subsequently distributed to Unibet shareholders. Kambi Group Plc share started trading on the NASDAQ OMX Stockholm First North on 2 June 2014.[3] The share closed at SEK 34 on the first day of trading, giving the company a market valuation of SEK 1,011,200,700.[4]