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Kambi Q3 revenue rises 23% as AI trading reaches 85% of network bets

Kambi reported €46m in Q3 revenue and a 161% rise in adjusted EBITA, while saying AI traded 85% of network bets and lifting its 2026 EBITA estimate to about €26m.

November 9, 2026 2 min read

Kambi reported third-quarter revenue of €46.0 million, up 23% year on year, while adjusted EBITA increased 161% to €7.9 million. Operating profit rose to €5.1 million from €1.6 million. Following the quarter, the sportsbook supplier updated its full-year adjusted EBITA estimate to approximately €26 million.

AI trading deployment

Kambi said 85% of bets across its network were being traded through its AI system. The technology had expanded beyond football, tennis, ice hockey and baseball, with rollout under way in basketball, American football and table tennis. The company also said 59% of live bets handled by AI were accepted with zero-second delay, which it expects to support higher bet availability and engagement.

Partner network and market exposure

Operational highlights included a ten-year omnichannel sportsbook and player-account-management agreement with Station Casinos, plus Turnkey Sportsbook deals with Pure Casino Entertainment and QuinnBet and an Odds Feed+ agreement with RETABET. Kambi described Brazil as a low-single-digit share of 2026 revenue, while continuing to expand in Alberta.

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