"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 third. Reviewing 2019, it was another great year for Kambi, as we continued to build out a great sports wagering product, expanded into numerous new markets, and signed 6 new partners, all of which leaves us in a great 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 every month delivering a greater number than the last. In total, Q4 operator turnover increased by 52% year-on-year and 36% sequentially - substantially higher volumes than Kambi has actually ever seen. While much of this development was stemmed from our US partners, we likewise saw double-digit turnover growth in markets beyond the US, all of which contributed to strong earnings growth of 23%.

While the year was pleasing for numerous reasons, 2019 ended with news our partner DraftKings had participated in a contract to get its own sports wagering technology and for that reason will no longer be reliant on Kambi. Our incomes from DraftKings are most likely to be unaffected throughout 2020. I remain of the view that DraftKings' long-term potential customers would be better served with Kambi but likewise that this will increase the appeal of Kambi to an even higher level. We remain strongly committed to the US, where we have a varied network of partners which have great potential for growth, especially as more states control.

We continue to prove that we are the sports betting partner operators can depend provide. In Q4, we launched in seven gambling establishments and a variety of online sportsbooks across numerous jurisdictions. I'm especially happy we had the ability to introduce with our very first US lottery, when going reside in New Hampshire with DraftKings in December. I was also pleased to make our retail launching 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 product and our ability to roll out at speed. These properties were both on display throughout Q4 when we successfully signed a brand-new customer in Seneca Gaming Corporation and consequently introduced in its 3 New york city casino residential or commercial properties within a matter of weeks. Seneca is a fantastic customer finalizing for us. Not only is it an organisation which shares our worths of trust and collaboration, but the reality it is owned by among the most highly regarded US Native American tribes ensures it is a collaboration that will resonate within the tribal neighborhood across the country.

The progressing nature of the sports wagering market means there will always be obstacles to overcome however I know we have actually built a robust business with the ability and strength to hold up against these pressures. We run in a fast-growing market, one which continues to embrace guideline and will therefore present Kambi and our partners with amazing chances for many years to come. Remain in no doubt Kambi is well positioned both in the US and worldwide and I anticipate a thriving 2020."

About Kambi

Kambi is a company of premium sports betting services to licensed B2C gaming operators. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm. Our services include a broad offering from front-end interface through to odds assembling, consumer intelligence and risk management, developed on an in-house industrialized software application platform. Kambi's 20-plus customers consist of 888 Holdings, ATG, DraftKings, Greenwood Gaming & Entertainment, Kindred Group, LeoVegas, Mohegan Gaming & Entertainment, Penn National Gaming, Rank Group and Interactive. Kambi utilizes more than 850 staff across workplaces in Malta (head office), Australia, Romania, the UK, Philippines, Sweden, Australia and the United States.

Kambi makes use of a finest of breed security method and is ISO 27001 and eCOGRA licensed. Kambi Group plc is listed on First North Growth Market at Nasdaq Stockholm under the sign "KAMBI". The Company's Certified Advisor is Redeye AB.