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An improved trading model led to more in-play bets and an overall market-leading product for Kambi during the NFL season, CEO Kristian Nylen said.
This week's recap of sports betting news includes SBTech's lawsuit against LSR and others and DraftKings removing a 'Bachelor' contestant's winning entry.
Kambi is aiming to profit from perceived lessened competition following the acquisition of rival sportsbook supplier SBTech.
Citing trade secrets, SBTech is taking multiple parties to court to prevent the public from seeing its sports betting contract with the Oregon Lottery.
Like any aggressive company in the early days of the sports betting gold rush, DraftKings reasonably could be assumed to be in the red.