Kambi says 2023 laid the foundations for ‘a more prosperous future’

Kambi says 2023 laid the foundations for ‘a more prosperous future’

Article brief provided by SBC News
  • Jessie Sale, SBC News
March 28, 2024 9:57 PM

Anders Ström, Kambi Chair, and Kristian Nylén, Group CEO, have reflected on a year of strategic and operational progress, as 2023 saw a shift in the firm’s business model.

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Addressing investors, the duo reflected on a year which saw €173.3m [$186.8m] in revenue, multiple operator signings and partnership extensions, as well as sportsbook launches, amongst other successes.

Speaking of the Stockholm-listed sports betting technology group’s corporate governance model, which moved towards a more active and involved Board of Directors, Ström said: “This approach is a shift from the Swedish model of a more detached Board we previously adhered to, and is an inherent development considering that we are a Maltese company.”