"Kambi's Q1 2026 report shows a revenue of 43.5 million and an operating profit of 4.2 million, with EBITDA increasing significantly year-on-year. CEO Werner Becher stated that the quarter reflects a return to growth after a challenging 2025, characterized by major customer migrations."
"Becher confirmed that the entire 2026 FIFA World Cup will be fully automated, with AI managing pricing and risk. This will be the first major global tournament to achieve complete automation across the network, showcasing Kambi's advancements in technology."
"The Q1 bet automation figure reached 60%, a notable increase from 49% in 2025. The company is now extending its AI trading capabilities to other sports, including tennis, basketball, and ice hockey, following successful implementation in football."
Kambi reported a 4.9% increase in Q1 2026 revenue, reaching 43.5 million, while EBITDA surged 63.5% to 5.7 million. CEO Werner Becher emphasized that 60% of bets were automated by AI, up from 49% in 2025. The company plans full AI automation for the 2026 FIFA World Cup, marking a significant milestone. Recent partnerships with Atlantic Lottery and British Columbia Lottery expanded Kambi's presence in Canada, now serving seven provinces. The quarter indicates a recovery from challenges faced in 2025 due to customer migrations.
Read at news.bitcoin.com
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