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Kambi agrees turnkey sportsbook deal with SuomiVeto for Finland launch

Deals & M&A

Kambi Group signed a long-term agreement to provide SuomiVeto with a turnkey sportsbook for its planned launch in Finland’s regulated market next year. The service will include Kambi’s sportsbook platform, pricing and trading; SuomiVeto is led by the founders of BetCity, and Bragg Gaming agreed last month to provide its player account management platform.

Kambi will supply sportsbook technology and services to SuomiVeto ahead of Finland’s regulated-market launch.

End-of-day close Kambi (KAMBI), SEK, to 27 March 2026
Story date29 December 202527 March 2026

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Latest reported results

Kambi Nasdaq First North Stockholm: KAMBI

Quarter ended 30 September 2026

Revenue
EUR 46.0m

Bragg Gaming NASDAQ: BRAG

Quarter ended 30 June 2026

Revenue
EUR 22.9m

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Kambi raises Q3 revenue 23% to €46m and improves 2026 guidance

Kambi reported Q3 2026 revenue of €46 million, up 23% year on year, and adjusted EBITA of €7.9 million, compared with €3 million a year earlier. The company raised its full-year adjusted EBITA guidance to roughly €26 million. CEO Werner Becher attributed performance to business diversification, cost discipline and favourable currency movements.

Kambi's revenue for the third quarter was EUR 46 million, up 23% year-on-year. Adjusted EBITA climbed from EUR 3 million to EUR 7.9 million over the comparable period, with the margin widening from 8.2% to 17.3%.

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