{"id":10694,"date":"2026-04-29T22:14:59","date_gmt":"2026-04-29T22:14:59","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/04\/29\/kambi-posts-strong-q1-results-lands-canada-lottery-deal\/"},"modified":"2026-04-29T22:14:59","modified_gmt":"2026-04-29T22:14:59","slug":"kambi-posts-strong-q1-results-lands-canada-lottery-deal","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/04\/29\/kambi-posts-strong-q1-results-lands-canada-lottery-deal\/","title":{"rendered":"Kambi Posts Strong Q1 Results, Lands Canada Lottery Deal"},"content":{"rendered":"<div>\n<p>Kambi Group reported higher revenue and stronger profitability in Q1 2026, then followed that with a major Canada sports betting agreement covering much of the country.<\/p>\n<hr>\n<p><em><strong>Good to Know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>Kambi revenue rose 4.9% year over year to \u20ac43.5 million in Q1 2026.<\/strong><\/em><\/li>\n<li><em><strong>Adjusted EBITDA climbed 63.5% to \u20ac5.7 million with a 13% margin.<\/strong><\/em><\/li>\n<li><em><strong>ALC and BCLC selected Kambi to support sports betting across seven Canadian provinces.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<h2>Profit Growth Comes First For Kambi<\/h2>\n<p>Kambi entered 2026 with a cleaner cost base and better margins. Q1 revenue reached \u20ac43.5 million, up 4.9% from the same quarter last year, while adjusted EBITDA rose 63.5% to \u20ac5.7 million.<\/p>\n<p>The operating profit margin also improved from 2% to 9.7%. At the same time, operating expenses fell 2.1% year over year, giving the sports betting supplier a stronger platform for its next round of deals.<\/p>\n<p>Kambi also pointed to several commercial wins during the quarter. 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Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Kambi CEO Werner Becher<\/strong> said:<\/p>\n<p><em>\u201cQ1 saw us post an improved financial performance with revenue growth aided by our commercial momentum alongside continued cost discipline, helping to deliver increased profitability.<\/em><\/p>\n<p><em>\u201cThis morning\u2019s signing of the Canadian lotteries alongside those of PMU and OLG underscores our reputation among publicly owned and run organizations and highlights the benefits of our regulated market strategy with Kambi, undoubtedly the industry\u2019s trusted sports betting partner.\u201d<\/em><\/p>\n<p>Canada Deal Covers Seven Provinces<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Katsubet\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Katsubet.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Katsubet\" target=\"_blank\" rel=\"nofollow\">Katsubet<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>5BTC or 111% + 111 Free Spins!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive 111% Welcome Bonus  + 111 Free Spins<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/katsubet-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Kambi then added one of its largest regulated market wins in Canada. Atlantic Lottery Corporation and British Columbia Lottery Corporation selected the company to provide a single sportsbook solution for seven of Canada 10 provinces.<\/p>\n<p>The agreement covers online and retail betting in British Columbia, Saskatchewan, and Manitoba through BCLC. It also covers Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador through ALC.<\/p>\n<p>ALC recently ran the Request for Proposal process to appoint one supplier for the shared Canada sportsbook project. Scott Eagles, director of sports betting at ALC, said the collaboration represents an \u201cimportant step in how provincial lotteries work together\u201d and deliver sports betting to players.<\/p>\n<p><strong>Becher<\/strong> said:<\/p>\n<p><em>\u201cBeing selected to power this multi-province sportsbook solution is a strong endorsement of Kambi\u2019s trusted technology, regulatory expertise, and proven ability to deliver at scale.<\/em><\/p>\n<p><em>\u201cALC and BCLC have set out a clear vision for a single, consistent sportsbook, and we are proud to support its next phase with our high-performance, compliant, and proven Turnkey Sportsbook.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"7Bit Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/7BitCasino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"7Bit Casino\" target=\"_blank\" rel=\"nofollow\">7Bit Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>177% up to 5BTC + 77 <strong>\u00a0Free Spins<\/strong>!<\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/7-bit-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Kambi already operates in Ontario and expects to add Alberta in July. Once the new lottery agreement goes live, the Europe-based supplier said it will power sports betting in nine Canadian provinces.<\/p>\n<p><strong>Becher<\/strong> also linked the win to the company focus on regulated betting markets. He said:<\/p>\n<p><em>\u201cIt\u2019s not always easy to be in the white side of a business with all the tax hits and these other things, but it also provides sustainability for a business in some ways.<\/em><\/p>\n<p><em>\u201cSo clearly, the strategy of Kambi being one of very, very few B2B sports betting operators, while still many are only focused on black\/grey markets, our long-term strategy to fully focus on regulated markets.<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\"><\/div>\n<\/div>\n<p><em>\u201cWe would have no chance to win one of these deals, having still a big grey market\/market footprint. So this is definitely something which is very important for us going forward that we have done our homework already.\u201d<\/em><\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/kambi-posts-strong-q1-results-lands-canada-lottery-deal\/\">Kambi Posts Strong Q1 Results, Lands Canada Lottery Deal<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kambi Group reported higher revenue and stronger profitability in Q1 2026, then followed that with a major Canada sports betting agreement covering much of the country. Good to Know Kambi revenue rose 4.9% year over year to \u20ac43.5 million in Q1 2026. Adjusted EBITDA climbed 63.5% to \u20ac5.7 million with a 13% margin. ALC and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-10694","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=10694"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/10694\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=10694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=10694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=10694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}