Kambi partners with the MHA Nation to deliver retail sports betting in North Dakota. February 24, 2026 Kambi Group, the premium sports betting solutions powerhouse, has announced a multi-year sportsbook partnership with the mandan, hidatsa and arikara (MHA) Nation to provide on-property sports betting solutions at the tribe's flagship gaming destination, 4 Bears Casino and Lodge in new town, North Dakota. Under the terms of the agreement, Kambi will replace 4 Bears Casino and Lodge's current third-party supplier with its market-leading retail sports betting technology including a full suite of self-service kiosks, over-the-counter terminals, and Bring-Your-Own-Device technology, giving guests access to an intuitive and frictionless betting experience on-site. The partnership also includes future scope for on-premise mobile sports betting, as well as state-wide mobile betting pending regulatory conditions. Situated along Lake Sakakawea, 4 Bears Casino and Lodge recently completed construction of its new events centre, and is nearing completion of a new hotel tower, increasing guest capacity and further positioning them as a leading regional attraction. Additionally, the MHA Nation is progressing plans to develop a second casino property, Son of Star Casino, creating further opportunity for long-term sportsbook growth across the tribe's gaming enterprises. Werner Becher, Kambi Group CEO, said: "We are proud to partner with the MHA Nation and 4 Bears Casino and Lodge to bring world-class sports betting experiences to the state of North Dakota. The MHA Nation is well positioned to elevate its entertainment offering across the state, and this agreement marks another important step in expanding regulated sports betting across tribal gaming." Patrick Packineau, 4 Bears Casino and Lodge General Manager, added: "We are delighted to partner with Kambi as we introduce a first-class sports betting experience for our guests. With continued enhancements at 4 Bears Casino and Lodge, Kambi's proven technology and commitment to tribal operators made them the ideal partner. We look forward to working with them as we continue to grow our gaming and entertainment offerings." Last update: 24 February 2026, 07:58 pm The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

Kambi eyes AI trading at World Cup after mixed earnings. Published on: February 20, 2026 Kambi closed 2025 with mixed financial results but growing confidence in its AI-driven sportsbook platform as it heads toward what management sees as a defining World Cup moment. Fourth-quarter revenue fell 4% year over year to €42.7 million ($46 million), Kambi announced Wednesday. Full-year revenue declined 1.2% minus transition fees, primarily attributed to gaming tax increases in Brazil, Columbia, Netherlands and Illinois. Adjusted EBITDA rose 16% in Q4, and reached €7.4 million ($8 million) for the year driven by margin gains tied to expanded AI pricing. Shares of Kambi are up 8.6% following earnings through Thursday's close. AI trading adoption, efficiencies up. AI-driven systems now price the majority of bets across Kambi's network, automating trading workflows for clients while enabling faster repricing, higher bet acceptance and longer market uptime. Those efficiencies supported client margins that climbed to 10.8% last year, up from 10% in 2024, and continue to reduce Kambi's manual trading costs, management said. Last year 49% of all bets across the Kambi network were fully AI traded and in January, Kambi passed the 50% tipping point, CEO Werner Becher noted. The system powers pricing and trading for sports betting partners including BetRivers, Churchill Downs and more than 50 other global operators. "We started to invest [in AI] already some years ago, and we are also already now seeing the results out of it," Becher said. Kambi eyes World Cup showcase. Becher framed the 2026 FIFA World Cup as the first major global event fully traded by AI across Kambi's network. The company expects roughly €5 million ($5.5 million) in incremental revenue from the tournament, about a 3% lift, though management positioned the event more as a product showcase than a short-term earnings driver. "This World Cup represents a huge opportunity for our partners," Becher said. "Their success will depend heavily on an offering of a world-class product. And while we never rest on our laurels, we have a product that competes at the highest level. In recent months, our soccer product has improved further, driven by AI trading, including more player props, broader depth, and virtual limitless combinability." Kambi expands partner diversification. Kambi also continued to diversify its partner base. Revenue from its three largest customers fell to 36% in 2025 as the number of live turnkey sportsbook partners reached 53, with recent additions and pipeline deals expected to further broaden the mix in 2026. Management said expanding the partner footprint across more geographies and operator tiers not only lowers revenue concentration risk but also helps smooth sportsbook margin volatility across the network. The diversification push comes as supplier economics face mounting regulatory cost pressure. Executives cited Colombia's deposit tax as a direct drag on wagering activity, alongside higher gaming levies in the Netherlands, Brazil and Illinois that pressure operator profitability and, by extension, Kambi's revenue participation. Prediction markets not seen as threat. On prediction markets, management said it has seen no material impact on its business, particularly in the U.S. "We fully understand that in unregulated markets in the U.S. specifically, these guys have some first-mover advantage," Becher said. "But in the regulated states, their impact so far was not material at all." Executives acknowledged prediction platforms may capture some share in unregulated markets due to first-mover advantage, but described the products as relatively simple compared to full-service sportsbooks offering live betting, player props and combinability. Kambi does not view it the segment as strategic focus, but will continue monitoring it. "For now, our strategy is clear: to stay fully focused on sports betting," Becher said. Sam McQuillan joined Legal Sports Report as a lead writer in 2022, covering the business of sports betting. His journalism career has spanned from covering presidential candidates to NBA All-Stars and international rockstars. Before joining LSR, Sam was an analyst at The Action Network and a reporter for Bloomberg, where his fantasy sports coverage earned him two awards from the Society for Advancing Business Editing and Writing. He is a proud graduate of Penn State, and lover of all things hoops, especially the Knicks.

ComeOn Group integrates Kambi Odds Feed into its proprietary Sportsbook Platform. ComeOn Group, a leading global iGaming operator, today announced a multi-year data partnership with Kambi Group plc to integrate its premium Odds Feed+ solution. The partnership is primarily focused on the integration of market-leading esports odds from Kambi's esports division, Abios, into ComeOn's in-house developed proprietary multi-feed sportsbook platform. This strategic odds feed integration allows ComeOn Group to further differentiate its sportsbook experience, specifically targeting the high-growth esports sector. By combining its own proprietary technology and internal risk management with Abios' specialized data, ComeOn is strengthening its offering for the next generation of bettors across its core locally regulated markets. While the partnership is centered on elevating ComeOn's esports and digital sports content, the integration of the Kambi odds feed also provides supplementary support across the Group's broader sportsbook portfolio. This technical addition complements ComeOn's existing multi-feed architecture, providing the agility needed to tailor odds and markets to specific player preferences and supporting the Group's localized brand strategies. Juergen Reutter, Chief Executive Officer of ComeOn Group, said: "By integrating Kambi's pricing capabilities into our ecosystem, we are further enhancing our proprietary multi-feed sportsbook platform, with a particular focus on the market-leading esports coverage provided by Abios. This allows us to double down on our commitment to provide hyper personalization and localized player experiences. We continue to grow the Sportsbook part of our business as per our strategy, powered by our in-house platform which gives us the agility to connect to a variety of leading data providers. This ensures we can continue to differentiate our local offerings and provide a superior experience to our players in each market." Werner Becher, Kambi Group CEO, said: "We are delighted to welcome ComeOn Group as our latest Odds Feed+ partner. Odds Feed+ is built on the principles of quality, choice and trust, and this partnership reflects the confidence leading operators place in Kambi's odds service. By combining market-leading pricing with the flexibility to scale and tailor their odds package on demand, ComeOn will be equipped to deliver a world-class sportsbook experience to players across their markets." For further information, please contact: Mattias Frithiof SVP Investor Relations & Sustainability Mobile: +46 707 422 332 For media enquiries, please contact: Andy Roocroft Head of PR & Communications About Kambi Kambi Group is the home of premium sports betting services for licensed B2C gaming operators. Kambi's portfolio of market-leading products include Turnkey Sportsbook, Odds Feed+, Managed Trading, Bet Builder, Esports, Front End and Sportsbook Platform. Kambi Group also operates esports data and odds supplier Abios, front end technology experts Shape Games and cutting-edge AI trading division Tzeract. Kambi Group's partners include ATG, Bally's Corporation, Corredor Empresarial, Kindred Group, LeoVegas, LiveScore, Rush Street Interactive and Svenska Spel. Kambi Group employs more than 1,000 staff across offices in Malta (headquarters), Australia, Denmark, Philippines, Romania, Sweden, the UK and the United States. Topics. Founded in 2008, ComeOn Group is a leading global player in the rapidly growing iGaming market. Having launched its first online brand already in 2010, ComeOn Group is running a wide range of exciting brands across multiple markets. Operating more than dozens of brands on it's proprietary platform which provides a secure, innovative and entertainment-led player experience across casino and sports betting. ComeOn Group is an international employer with over 500 talented employees across 7 main locations. For further information, please contact: [email protected]