Kambi Group reported higher revenue and earnings in Q3 2026. The Kambi Q3 results also showed an increase in sportsbook turnover. Kambi supplies sportsbook technology, odds and trading services to online and retail betting operators.
- Revenue and earnings: Revenue increased 23% to EUR 46m, from EUR 37.4m. Adjusted EBITDA rose 40% to EUR 15.9m. Operating profit increased to EUR 5.1m, from EUR 1.6m.
- Sportsbook activity: Sportsbook turnover across Kambi’s operator network increased 3%. Operator trading margin reached 11.9%, compared with 10.3% a year earlier. Regulated markets accounted for 98.5% of turnover.
- Regional markets: The Americas accounted for 59.9% of sportsbook turnover, up 6.7%. Europe represented 36.4%, with turnover down 3.1%. Other markets contributed the remaining 3.7%.
- Partners and outlook: Kambi signed a 10-year sportsbook agreement with Station Casinos and added several partners. Following the Kambi Q3 results, the company updated its 2026 adjusted EBITA forecast to around EUR 26m. CEO Werner Becher said: “We delivered revenue of EUR 46m in the quarter, a year-on-year increase of 23%.”
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