SectorWire
SearchGet the daily briefing
Menu

Kambi replaces MHA Nation sportsbook at North Dakota casino

Deals & M&A

Kambi Group said it signed a multi-year agreement with the Mandan, Hidatsa and Arikara Nation to replace the sportsbook at 4 Bears Casino and Lodge in North Dakota. Kambi will supply kiosks, counter terminals and bring-your-own-device technology; the deal also allows for possible on-site and statewide mobile betting when regulations permit.

The deal changes the technology provider at the casino and includes potential mobile betting subject to regulatory permission.

End-of-day close Kambi (KAMBI), SEK, to 10 April 2026
Story date12 January 202610 April 2026

Latest reported results

Kambi Nasdaq First North Stockholm: KAMBI

Quarter ended 30 September 2026

Revenue
EUR 46.0m

Connections

Request a correction

Keep reading

Deals & M&A

Kambi raises Q3 adjusted EBITA to €7.9m as revenue grows 23%

Kambi reported adjusted EBITA of €7.9 million for Q3 2026, up from €3 million a year earlier, and net profit of €3.4 million versus €1 million. The company said revenue rose 23%, while network betting stakes increased 3%; it attributed growth to World Cup matches, new partners and currency movements. Kambi now expects full-year adjusted EBITA of about €26 million.

Kambi published its quarterly figures for Q3 2026 this week. Adjusted EBITA, which leaves out acquisition-related amortisation among other items, came to €7.9m. In the same quarter of 2025, that measure stood at €3m. Net profit reached €3.4m, compared with €1m a year before.

Continue reading