"I'm happy to report another strong quarter for Kambi, which rounds off a year in which yearly revenues grew by more than 20% and operator turnover by more than a 3rd. Looking back on 2019, it was another fantastic year for Kambi, as we continued to build out a wonderful sports betting item, expanded into numerous brand-new markets, and signed 6 new partners, all of which leaves us in an excellent place for 2020.

In the previous report, I highlighted the momentum we might see building in operator turnover, and this trend continued in Q4 with monthly providing a greater number than the last. In overall, Q4 operator turnover increased by 52% year-on-year and 36% sequentially - considerably greater volumes than Kambi has actually ever seen. While much of this growth was originated from our US partners, we also saw double-digit turnover development in markets beyond the US, all of which contributed to strong profits development of 23%.

While the year was pleasing for lots of reasons, 2019 ended with news our partner DraftKings had actually participated in an agreement to get its own sports wagering innovation and therefore will no longer depend on Kambi. Our profits from DraftKings are most likely to be unaffected throughout 2020. I remain of the view that DraftKings' long-lasting prospects would be better served with Kambi but also that this will increase the appeal of Kambi to an even greater level. We remain firmly committed to the US, where we have a varied network of partners which have fantastic capacity for development, especially as more states control.

We continue to show that we are the sports betting partner operators can depend provide. In Q4, we introduced in 7 gambling establishments and a variety of online sportsbooks across numerous jurisdictions. I'm especially happy we had the ability to launch with our very first US lottery, when going reside in New Hampshire with DraftKings in December. I was likewise pleased to make our retail debut in South Africa when we launched the Kambi Sportsbook inside the Sun International-owned Grand West Casino in Cape Town.

I have actually spoken formerly about the strengths of Kambi's retail product and our ability to roll out at speed. These possessions were both on screen throughout Q4 when we effectively signed a brand-new consumer in Seneca Gaming Corporation and subsequently launched in its 3 New York gambling establishment homes within a matter of weeks. Seneca is a fantastic client finalizing for us. Not just is it an organisation which shares our values of trust and cooperation, but the reality it is owned by among the most highly regarded US Native American people guarantees it is a collaboration that will resonate within the tribal neighborhood across the country.

The progressing nature of the sports betting market indicates there will constantly be obstacles to overcome but I know we have developed a robust company with the ability and strength to withstand these pressures. We run in a fast-growing market, one which continues to welcome guideline and will therefore present Kambi and our partners with amazing chances for many years to come. Remain in no doubt Kambi is well placed both in the US and internationally and I anticipate a thriving 2020."

About Kambi

Kambi is a provider of premium sports betting services to licensed B2C video gaming operators. Kambi Group plc is listed on First North Growth Market at Nasdaq Stockholm. Our services incorporate a broad offering from front-end interface through to chances assembling, client intelligence and danger management, developed on an in-house industrialized software application platform. Kambi's 20-plus clients include 888 Holdings, ATG, DraftKings, Greenwood Gaming & Entertainment, Kindred Group, LeoVegas, Mohegan Gaming & Entertainment, Penn National Gaming, Rank Group and Rush Street Interactive. Kambi utilizes more than 850 staff throughout offices in Malta (head office), Australia, Romania, the UK, Philippines, Sweden, Australia and the United States.

Kambi utilises a best of breed security method and is ISO 27001 and eCOGRA accredited. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm under the symbol "KAMBI". The Company's Certified Advisor is Redeye AB.