Kambi has extended its long-term partnership with Paf.
Paf is one of Kambi’s longest-serving partners, having first formed a partnership in 2011. Paf will continue to assist with Kambi’s content and services across Europe.
Paf is licensed and controlled by the local Government of Aland in Finland. The operator is live in Finland, Sweden, Spain, Latvia and Estonia and has other brands focused in Sweden such as No Account Bet and Speedy Bet.
This news comes after Kambi reported its 2023 Q1 figures. Kambi posted revenue of €44m (£48.5m), a 19% rise from Q1 2022. Operating profit was down 38% from the previous year to €4.5m.
Kambi adds this to a list of partnerships already extended this year, with deals with Rush Street Interactive and Corredor Empresarial S.A. being renewed.
Kambi CEO and Co-Founder Kristian Nylen said: “I am delighted to extend our partnership with Paf which has been a partner of Kambi for more than a decade. Paf was the first partner we signed when Kambi was founded and the fact they remain a Kambi partner to this day is a testament to the strength of our leading sportsbook technology.”
Paf Chief Gaming Officer Kim Johansson said: “Kambi has played an important role in our journey as we have continued to establish Paf in regulated European markets. The Kambi betting client, combined with a broad suite of products have helped us to deliver an excellent experience for our customers, and we are excited at the prospect of building on this in 2023 and beyond.”
