Regulated B2B sportsbook supplier Kambi reported Q1 2026 EBITDA up 63.5% on the year. CEO Werner Bercher repeated his assertion that the entire 2026 FIFA World Cup will be priced and risk-managed by its AI trading system, with a new data point supporting his statement – Q1 bet automation is already at 60% across the company’s global network.
Key Takeaways:
Kambi Q1 2026 revenue rose 4.9% to €43.5 million, EBITDA jumped 63.5% to €5.7 million. 60% of Q1 bets across the network were priced and traded by AI, up from 49% in 2025. CEO Werner Becher confirmed full automation for the 2026 FIFA World Cup, a first for the supplier. Q1 results show €43.5M revenue and €5.7M EBITDAPMU, the French horse racing monopoly, launched on Kambi several weeks ago and is “performing very well,” according to Becher. Atlantic Lottery and British Columbia Lottery both selected Kambi as their sportsbook supplier this week, taking the company’s presence live in seven of Canada’s ten provinces.
