Kambi Group plc acquires esports data and odds provider Abios

Kambi Group plc acquires esports data and odds provider Abios

Kambi Group plc has acquired global esports specialists Abios in a deal which transforms Kambi into a leading provider of esports products and services as it seeks to capitalise on the emerging opportunities within this rapidly growing vertical. The agreement consists of an initial consideration of SEK150m, paid in cash, with up to SEK120m to be paid in earnouts related to product development and the future revenue performance of Abios.

Founded in Stockholm in 2013, Abios is a B2B esports company which provides data, odds and visualisation services to industry operators including Kindred Group, LeoVegas Group and Pinnacle Sports, as well as major technology companies such as Microsoft.

Continue reading Kambi Group plc acquires esports data and odds provider Abios at Sports Betting Operator.