Kambi reported Q1 2025 revenue of €41.5m, down 4% year on year, while revenue excluding €4.4m in transition fees received a year earlier rose 7%. Adjusted EBITA fell to €2.3m from €5.8m, and operating profit was €0.8m; chief executive Werner Becher said the financial performance was below expectations.
The results detail weaker profitability and revenue dependence on transition fees for Kambi and its stakeholders.
The day’s most important stories, free. One email a day.
ATG has appointed Anna Romboli as chief executive, with the company announcing that she will take office in December 2026. She will succeed Jörgen Forsberg, who is to remain in the role until then; Romboli joins from Svenska Spel, where she was vice president of its lottery division.
Finland opened applications for licences to operate virtual games, with the market launch planned for July 2027, according to the report. Hippos ATG Oy submitted an application, and the National Police Board is overseeing the initial phase; processing is estimated to take three to six months, followed by technical integration.
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.
Samuel Wahlberg, who coordinates operations against match-fixing at Sweden’s Spelinspektionen, has been elected chair of the Group of Copenhagen. The Council of Europe advisory network supports national platforms working to prevent manipulation of sports events; Wahlberg said he would promote ratification of the Macolin Convention and the creation of more national platforms.
Missouri launched online sports betting on Monday, with the Missouri Gaming Commission licensing 10 sportsbooks for the opening day. Underdog withdrew and plans to offer sports predictions instead, leaving nine licensed sportsbooks; the state taxes operators at 10% of net revenue.