Kambi reports 66% revenue increase for Q4

Kambi has reported revenue of €57.8m ($61.5m) for the fourth quarter of 2022, a 66% increase from the prior-year period. Such revenue includes a €12.6m termination fee from PENN Entertainment, with Kambi also reporting full-year 2022 revenue of €166m, up 2% from full-year 2021. EBITDA for Q4 2022 climbed 104% to €27.3m, but declined by 20% year-on-year to €63.4m for full-year 2022. Operating profit for the quarter ...