Louisiana introduces OSB self-exclusion bill
Summary: Louisiana lawmakers introduced a bill that would expand the state’s casino self-exclusion list to also include online sportsbooks. Senate Bill 290 proposes that players that opt-in to the state’s self-exclusion program from land-based casinos would also be banned from wagering at legal online sportsbooks. Why it matters: The self-exclusion expansion bill offers another potential […]
Butler on Kansas
@ButlerBets: Kansas lawmakers are set to reconvene (again) Wednesday to further discuss legislation; no action in previous two sessions on statewide mobile sports betting bill
CEO Kristian Nylen on why he’s bullish about the future for betting solutions providers such as Kambi
CEO Kristian Nylen on his positive outlook for Kambi“What we’re seeing in Europe is quite a few operators looking at what they have in-house and they struggle to keep up with competitors. For that reason we’re very positive about the future. The market has (also) become less competitive now than a few years ago, especially […]
Kambi CFO David Kenyon on mitigating against the 25% turnover Q1 drop
Kambi CFO David Kenyon on mitigating against the 25% turnover Q1 drop“Our contracts are structured in tiers, this means we have lower commission rates on the biggest revenue generators, so we have lower revenue share (from clients such as DraftKings) and higher revenue share from smaller operators.” – David Kenyon, CFO, Kambi (Source Link)April 27, […]
Kambi Q1 revenues down 15% as DraftKings migration impact hits
Summary: The migration of DraftKings to its in-house tech stack led to a 15% drop in revenue, 61% drop in operating profit and 25% drop in turnover for sports betting solutions provider Kambi. Why it matters: Kambi is the betting technology supplier to a number of US-facing brands such as Rush Street Interactive, Barstool Sportsbook […]