"I'm thrilled to report another strong quarter for Kambi, which rounds off a year in which annual revenues grew by more than 20% and operator turnover by more than a 3rd. Reflecting on 2019, it was another great year for Kambi, as we continued to develop out a wonderful sports betting product, broadened into several brand-new markets, and signed six new partners, all of which leaves us in a terrific place for 2020.

In the previous report, I highlighted the momentum we could see building in operator turnover, and this trend continued in Q4 with monthly delivering a higher number than the last. In total, Q4 operator turnover increased by 52% year-on-year and 36% sequentially - substantially 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 outside of the US, all of which contributed to strong revenue development of 23%.

While the year was pleasing for lots of reasons, 2019 ended with news our partner DraftKings had gotten in into a contract to obtain its own sports wagering technology and for that reason will no longer be reliant on Kambi. Our profits from DraftKings are likely to be unaffected throughout 2020. I remain of the view that DraftKings' long-lasting potential customers would be much better served with Kambi however likewise that this will increase the appeal of Kambi to an even higher level. We stay strongly committed to the US, where we have a varied network of partners which have wonderful potential for growth, particularly as more states control.

We continue to prove that we are the sports wagering partner operators can depend deliver. In Q4, we introduced in 7 casinos and a variety of online sportsbooks across several jurisdictions. I'm especially happy we had the ability to launch with our first US lotto, when going reside in New Hampshire with DraftKings in December. I was also 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've spoken formerly about the strengths of Kambi's retail item and our ability to roll out at speed. These properties were both on screen during Q4 when we successfully signed a new consumer in Seneca Gaming Corporation and consequently released in its three New york city casino homes within a matter of weeks. Seneca is a great consumer finalizing for us. Not just is it an organisation which shares our values of trust and collaboration, however the truth it is owned by among the most reputable US Native American people guarantees it is a collaboration that will resonate within the tribal community nationwide.

The developing nature of the sports betting industry indicates there will constantly be difficulties to get rid of but I understand we have actually developed a robust business with the capability and strength to withstand these pressures. We operate in a fast-growing market, one which continues to welcome regulation and will for that reason provide Kambi and our partners with exciting chances for many years to come. Be in no doubt Kambi is well placed both in the US and globally and I anticipate a thriving 2020."

About Kambi

Kambi is a company of premium sports betting services to licensed B2C gaming operators. Kambi Group plc is listed on First North Growth Market at Nasdaq Stockholm. Our services encompass a broad offering from front-end user interface through to odds putting together, client intelligence and threat management, developed on an in-house developed software platform. Kambi's 20-plus consumers consist of 888 Holdings, ATG, DraftKings, Greenwood Gaming & Entertainment, Kindred Group, LeoVegas, Mohegan Gaming & Entertainment, Penn National Gaming, Rank Group and Rush Street Interactive. Kambi uses more than 850 staff across offices in Malta (headquarters), Australia, Romania, the UK, Philippines, Sweden, Australia and the United States.

Kambi makes use of a finest of type security method and is ISO 27001 and eCOGRA certified. Kambi Group plc is listed on First North Growth Market at Nasdaq Stockholm under the symbol "KAMBI". The Company's Certified Advisor is Redeye AB.