Kambi's Chairperson voices opinions on recent buyout speculations
In the world of sports betting, Kambi, a well-known provider of services to licensed B2C gaming operators, has been making headlines lately. A month ago, the company published strong Q2 results, crediting the busy sporting calendar and the growth of its trusted partners for the success.
However, recent rumors suggested that Genius Sports, another major player in the industry, had approached Kambi with an acquisition offer. These rumors sent Kambi's share price soaring. But, in an official release, Kambi's management swiftly denied the acquisition rumors. The board chairman, Anders Ström, confirmed that Kambi is not engaged in any such discussions.
The board's denial led to a slump in Kambi's share price, bringing it back to its usual level. It's important to note that, as of August 2025, there is no evidence that Kambi has been acquired by Genius Sports. Kambi continues to operate under its own name and is mentioned separately from Genius Sports in licensing documents as recently as August 2025.
Meanwhile, Genius Sports has been active in securing official betting data rights and expanding its services. In a separate development, Genius Sports recently teamed up with Elon Musk's X for a new ads tool.
In other news, Kambi unveiled a new long-term capital allocation policy during the quarter. The highlight of the quarter was also the appointment of Werner Becher as Kambi's new chief executive officer. Becher, an experienced industry veteran, took over the reins from the outgoing CEO.
Kambi also completed its fourth share buyback program during the quarter, further demonstrating its commitment to shareholder value. Despite the temporary impact of the acquisition rumors, Kambi remains a significant player in the sports betting industry.
In summary, Kambi remains independent in 2025, and no acquisition by Genius Sports has occurred up to the present date. The rumors caused a temporary flutter in the market, but Kambi's strong Q2 results and strategic moves suggest a stable future ahead.
Sports betting technology is a crucial aspect of Kambi's operations, having been a significant contributor to their Q2 success due to the busy sports calendar and the growth of its trusted partners. Genius Sports, another major player in the sports industry, has been working on securing official betting data rights and expanding its services, and in a separate development, teamed up with Elon Musk's X for a new ads tool.
