"I'm delighted to report another strong quarter for Kambi, which settle a year in which yearly incomes grew by more than 20% and operator turnover by more than a 3rd. Reflecting on 2019, it was another fantastic year for Kambi, as we continued to construct out a fantastic sports betting product, expanded into multiple brand-new markets, and signed six brand-new partners, all of which leaves us in an excellent location for 2020.

In the previous report, I highlighted the momentum we might see structure in operator turnover, and this pattern continued in Q4 with every month delivering a higher number than the last. In overall, Q4 operator turnover increased by 52% year-on-year and 36% sequentially - significantly greater volumes than Kambi has ever seen. While much of this growth was stemmed from our US partners, we also saw double-digit turnover growth in markets beyond the US, all of which added to strong earnings development of 23%.

While the year was pleasing for many reasons, 2019 ended with news our partner DraftKings had participated in an arrangement to obtain its own sports wagering innovation and therefore will no longer be reliant on Kambi. Our revenues from DraftKings are most likely to be untouched throughout 2020. I remain of the view that DraftKings' long-term potential customers would be much better served with Kambi however also that this will increase the appeal of Kambi to an even higher level. We remain firmly devoted to the US, where we have a diverse network of partners which have great potential for development, especially as more states manage.

We continue to show that we are the sports betting partner operators can rely on to provide. In Q4, we introduced in 7 casinos and a range of online sportsbooks across several jurisdictions. I'm especially proud we had the ability to introduce with our very first US lotto, when going reside in New Hampshire with DraftKings in December. I was likewise pleased to make our retail launching in South Africa when we released the Kambi Sportsbook inside the Sun International-owned Grand West Casino in Cape Town.

I have actually spoken formerly about the strengths of Kambi's retail product and our ability to roll out at speed. These properties were both on screen throughout Q4 when we effectively signed a new customer in Seneca Gaming Corporation and subsequently launched in its three New york city casino properties within a matter of weeks. Seneca is a great client signing for us. Not just is it an organisation which shares our values of trust and partnership, but the fact it is owned by among the most highly regarded US Native American people ensures it is a collaboration that will resonate within the tribal community nationwide.

The developing nature of the sports wagering market indicates there will constantly be difficulties to overcome but I know we have developed a robust organization with the capability and strength to endure these pressures. We operate in a fast-growing market, one which continues to welcome policy and will for that reason present Kambi and our partners with amazing chances for several years to come. Be in no doubt Kambi is well positioned both in the US and internationally and I eagerly anticipate a flourishing 2020."

About Kambi

Kambi is a supplier of premium sports betting services to certified B2C gaming operators. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm. Our services incorporate a broad offering from front-end interface through to chances assembling, consumer intelligence and risk management, constructed on an internal developed software platform. Kambi's 20-plus consumers include 888 Holdings, ATG, DraftKings, Greenwood Gaming & Entertainment, Kindred Group, LeoVegas, Mohegan Gaming & Entertainment, Penn National Gaming, Rank Group and Rush Street Interactive. Kambi uses more than 850 personnel across workplaces in Malta (head office), Australia, Romania, the UK, Philippines, Sweden, Australia and the United States.

Kambi uses a finest of type security approach and is ISO 27001 and eCOGRA certified. Kambi Group plc is noted on First North Growth Market at Nasdaq Stockholm under the symbol "KAMBI". The Company's Certified Advisor is Redeye AB.