"I'm thrilled to report another strong quarter for Kambi, which settle a year in which yearly incomes grew by more than 20% and operator turnover by more than a 3rd. Reflecting on 2019, it was another excellent year for Kambi, as we continued to construct out a great sports wagering item, broadened into multiple new markets, and signed 6 brand-new partners, all of which leaves us in a fantastic 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 providing a higher number than the last. In total, Q4 operator turnover increased by 52% year-on-year and 36% sequentially - considerably higher volumes than Kambi has ever seen. While much of this growth was originated from our US partners, we likewise saw double-digit turnover development in markets beyond the US, all of which added to strong income development of 23%.

While the year was pleasing for many factors, 2019 ended with news our partner DraftKings had participated in an agreement to get its own sports betting innovation and for that reason will no longer be dependent on Kambi. Our profits from DraftKings are most likely to be unaffected throughout 2020. I remain of the view that DraftKings' long-lasting potential customers would be much better served with Kambi but likewise that this will increase the appeal of Kambi to an even greater level. We remain firmly dedicated to the US, where we have a varied network of partners which have great capacity for growth, especially as more states regulate.

We continue to show that we are the sports wagering partner operators can depend provide. In Q4, we launched in seven casinos and a variety of online sportsbooks across several jurisdictions. I'm particularly proud we were able to release with our first US lottery, when going reside in New Hampshire with DraftKings in December. I was also pleased to make our retail debut in South Africa when we introduced 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 capability to present at speed. These assets were both on display screen throughout Q4 when we successfully signed a brand-new consumer in Seneca Gaming Corporation and consequently introduced in its 3 New york city gambling establishment properties within a matter of weeks. Seneca is a fantastic customer finalizing for us. Not only is it an organisation which shares our values of trust and collaboration, however the truth it is owned by among the most respected US Native American tribes ensures it is a partnership that will resonate within the tribal community nationwide.

The evolving nature of the sports betting market means there will always be challenges to get rid of but I understand we have actually constructed a robust service with the capability and strength to hold up against these pressures. We run in a fast-growing market, one which continues to embrace guideline and will therefore provide Kambi and our partners with exciting chances for several years to come. Remain in no doubt Kambi is well positioned both in the US and globally and I look forward to a flourishing 2020."

About Kambi

Kambi is a service provider of premium sports betting to certified B2C video gaming operators. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm. Our services include a broad offering from front-end user interface through to chances compiling, client intelligence and threat management, built on an internal industrialized software application 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 personnel across offices in Malta (headquarters), Australia, Romania, the UK, Philippines, Sweden, Australia and the United States.

Kambi makes use of a finest of breed security technique and is ISO 27001 and eCOGRA accredited. 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.