American Gambling Markets Atlas (AGMA)

Operators / Kambi Group

Kambi Group

Supplier · Kambi Group plc · KAMBI · Birkirkara, Malta[1]

www.kambi.com

B2B sportsbook software/services platform. Founded 2010 as a Unibet subsidiary; spun off 2014, when Unibet shareholders received its 95% stake. Listed Nasdaq Stockholm First North. US clients have included DraftKings (powered its 2018 New Jersey launch) and Affinity Interactive (multi-state agreement, 2021); lost Kindred's business after Kindred's 2022 contract extension was superseded by Kindred's 2023 decision to build an in-house sportsbook.

Financials

Market cap $428M (SEK 4.3B) · KAMBI.ST on Stockholm · Oct 11, 2026[7]

Est. U.S. revenue $105M · FY2025 · Americas =58.0% of EUR162.0m 2025 turnover mix, converted at 1.120574[8]

20162025
Fiscal yearRevenue (EUR)Net income (EUR)Year end
FY2025€162M€6.8MDec 31, 2025[6]
FY2024€176M€15.4MDec 31, 2024[6]
FY2023€173M€14.9MDec 31, 2023[5]
FY2022€166M€26.5MDec 31, 2022[5]
FY2021€162M€46.4MDec 31, 2021[4]
FY2020€118M€24.1MDec 31, 2020[4]
FY2019€92.3M€10.4MDec 31, 2019[3]
FY2018€76.2M€9.8MDec 31, 2018[3]
FY2017€62.1M€5.9MDec 31, 2017[2]
FY2016€56.0M€7.5MDec 31, 2016[2]

Figures are Revenue and Profit/Profit after tax for the period, as presented on the consolidated income statement (no separately disclosed discontinued operations in this period, no presentation-currency change).

Licenses

LicensedNot licensed
Alaska: Not licensedAKMaine: Not licensedMEVermont: Not licensedVTNew Hampshire: Not licensedNHWashington: Not licensedWAIdaho: Not licensedIDMontana: Not licensedMTNorth Dakota: Not licensedNDMinnesota: Not licensedMNWisconsin: Not licensedWIMichigan: Not licensedMINew York: Not licensedNYMassachusetts: Not licensedMARhode Island: Not licensedRIOregon: Not licensedORNevada: Not licensedNVWyoming: Not licensedWYSouth Dakota: Not licensedSDIowa: Not licensedIAIllinois: Not licensedILIndiana: Not licensedINOhio: Not licensedOHPennsylvania: LicensedPANew Jersey: Not licensedNJConnecticut: Not licensedCTCalifornia: Not licensedCAUtah: Not licensedUTColorado: Not licensedCONebraska: LicensedNEMissouri: Not licensedMOKentucky: Not licensedKYWest Virginia: Not licensedWVVirginia: Not licensedVAMaryland: Not licensedMDDelaware: Not licensedDEArizona: Not licensedAZNew Mexico: Not licensedNMKansas: Not licensedKSArkansas: Not licensedARTennessee: Not licensedTNNorth Carolina: Not licensedNCSouth Carolina: Not licensedSCDistrict of Columbia: Not licensedDCOklahoma: Not licensedOKLouisiana: Not licensedLAMississippi: Not licensedMSAlabama: Not licensedALGeorgia: Not licensedGAHawaii: Not licensedHITexas: Not licensedTXFlorida: Not licensedFL
StateVerticalBrandLicenseStatusLaunched
NebraskaSports (retail)WarHorse Casino Lincoln Sportsbookactive[9]
NebraskaSports (retail)WarHorse Casino Omaha Sportsbookactive[9]
PennsylvaniaSports (retail)Mohegan Pennsylvania SportsbookactiveJun 24, 2024[10]
PennsylvaniaSports (retail)Parx Sportsbook (retail/OTB)activeJan 10, 2019[10]
PennsylvaniaSports (retail)Parx Casino Shippensburg SportsbookactiveJan 26, 2023[10]
PennsylvaniaSports (retail)Hollywood Morgantown Sportsbook (retail)activeDec 22, 2021[10]
PennsylvaniaSports (retail)Hollywood York Sportsbook (retail)activeAug 12, 2021[10]
PennsylvaniaSports (retail)Presque Isle Downs Sportsbook (retail)activeJul 26, 2019[10]

Sources

  1. Kambi Group plc · retrieved Oct 10, 2026
  2. Kambi Group plc Q4 Report 2017 (unaudited) · retrieved Oct 11, 2026
  3. Kambi Group plc Q4 Report 2019 (unaudited) · retrieved Oct 11, 2026
  4. Kambi Group plc Q4 Report 2021 (unaudited) · retrieved Oct 11, 2026
  5. Kambi Group plc Q4 Report 2023 (unaudited) · retrieved Oct 11, 2026
  6. Kambi Group plc Q4 Report 2025 (unaudited) · retrieved Oct 11, 2026
  7. KAMBI.ST (KAMBI.ST) quote · retrieved Oct 11, 2026
  8. Kambi Group plc 2025 Annual Report and Accounts (turnover mix summary) · retrieved Oct 11, 2026
  9. NRGC 2025 Annual Report · retrieved Oct 10, 2026
  10. Sportsbook Master List · retrieved Oct 10, 2026