"I'm happy 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 excellent year for Kambi, as we continued to build out a great sports betting item, broadened into multiple brand-new markets, and signed 6 brand-new partners, all of which leaves us in a terrific location for 2020.

In the previous report, I highlighted the momentum we might see building in operator turnover, and this trend continued in Q4 with monthly providing a higher number than the last. In overall, Q4 operator turnover increased by 52% year-on-year and 36% sequentially - significantly higher volumes than Kambi has ever seen. While much of this development was derived from our US partners, we likewise saw double-digit turnover development in markets beyond the US, all of which contributed to strong revenue growth of 23%.

While the year was pleasing for numerous factors, 2019 ended with news our partner DraftKings had gotten in into an agreement to acquire its own sports wagering technology and therefore will no longer be dependent on Kambi. Our profits from DraftKings are most likely to be untouched throughout 2020. I stay of the view that DraftKings' long-lasting prospects would be much better served with Kambi however likewise that this will increase the appeal of Kambi to an even higher level. We remain securely dedicated to the US, where we have a varied network of partners which have fantastic capacity for growth, particularly as more states control.

We continue to show that we are the sports betting partner operators can depend deliver. In Q4, we introduced in 7 casinos and a range of online sportsbooks throughout several jurisdictions. I'm especially happy we were able to introduce with our very first US lottery, when going live in New Hampshire with DraftKings in December. I was likewise pleased to make our retail debut in South Africa when we released the Kambi Sportsbook inside the Sun International-owned Grand West Casino in Cape Town.

I have actually spoken formerly about the strengths of Kambi's retail product and our ability to roll out at speed. These assets were both on display screen during Q4 when we effectively signed a new consumer in Seneca Gaming Corporation and subsequently launched in its 3 New York gambling establishment homes within a matter of weeks. Seneca is a great client finalizing for us. Not just is it an organisation which shares our values of trust and partnership, but the reality it is owned by among the most highly regarded US Native American tribes ensures it is a partnership that will resonate within the tribal neighborhood nationwide.

The developing nature of the sports betting industry implies there will always be challenges to overcome however I understand we have actually developed a robust company with the ability and strength to endure these pressures. We run in a fast-growing market, one which continues to embrace guideline and will therefore present Kambi and our partners with exciting opportunities for several years to come. Remain in no doubt Kambi is well positioned both in the US and globally and I eagerly anticipate a thriving 2020."

About Kambi

Kambi is a provider of premium sports wagering services to licensed B2C video gaming operators. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm. Our services incorporate a broad offering from front-end through to chances assembling, client intelligence and risk management, built on an internal industrialized software platform. Kambi's 20-plus clients 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 workplaces in Malta (headquarters), Australia, Romania, the UK, Philippines, Sweden, Australia and the United States.

Kambi utilises a finest of type security technique and is ISO 27001 and eCOGRA licensed. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm under the symbol "KAMBI". The Company's Certified Advisor is Redeye AB.