Recently the world sports betting operator Kambi Group revealed its 2020 Annual Report and Accounts.
The report shows a growth and expansion of the company that nobody expected.
Let’s remember that 2020 was a challenging year for many industries and companies.
Moreover, the COVID-19 pandemic forced many businesses to close their doors and have to declare bankruptcy.
But that was not the case in the betting industry, as the Kambi Group numbers show.
The Results
The report shows that Kambi Group had a growth of 28% between 2019 and 2020. Its net sales for the year were $ 138.6 million.
The group expects growth to continue by 2021, primarily due to the legalization of sports betting in the USA.
Kristian Nylén, CEO of the group, said: “State-by-state regulatory efforts continue to gather pace, with increasing emphasis being placed on mobile and online in addition to on-property wagering. Our record of delivery in the US speaks for itself. We now live in 14 states, having achieved market firsts with our partners in 10. We have a diverse group of partners with ambitious plans to capitalize on the ongoing spread of regulation, and we look forward to helping them to make the most of the opportunities this affords. ”
An Example for Bookies to Follow
Although most of the Pay Per Head bookies do not have the capital and resources of a company like the Kambi Group, this group’s growth is an example for bookies.
Since this shows the great potential that sports betting has and that through the correct strategies, it is possible to obtain large profits.
For example, Kambi is relying very hard on mobile and online bets. Bookies with a good Pay Per Head provider can follow the same strategy.
The best Pay Per Head providers on the market invests a large number of resources in creating better betting platforms.
As a result, bookies who partner with a good Pay Per Head provider will be able to access the best betting hardware and software technologies.
A Market to Discover
There are still many opportunities to discover and take advantage of by Pay Per Head bookies.
For example, the US market, like other markets around the world, has not yet been fully exploited.
Bookies with the right tools and platforms can lead these markets and make a very good profit.
In conclusion, the betting industry is one of the most stable and lucrative in the world. Also, there are still many markets and opportunities that bookies can exploit if they have the proper Pay Per Head ally.
