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Kambi Group plc today notes the announcement by partner Penn National Gaming that it has acquired Score Media and Gaming Inc (theScore).

In 2019, Kambi signed a long-term partnership agreement with Penn National Gaming, which remains unaffected by today’s news. Therefore, there should be no financial impact on Kambi for the guaranteed term of the contract.

Kristian Nylén, Kambi Chief Executive Officer and Co-founder, comments: “I congratulate Penn National Gaming on today’s acquisition of theScore. While I respectfully disagree with Penn National Gaming’s long-term view on vertical integration, the entity they have acquired has yet to develop a proprietary sportsbook, and certainly not one to a similar high standard as what we offer. The transaction announced today creates some exciting opportunities for Penn National Gaming and I look forward to working with them over the coming years in support of their sportsbook growth.”

Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-tobusiness provider of sports betting services to licensed gaming operators. Its services encompass a broad offering from the frontend user interface through to odds compiling, customer intelligence and risk management, built on in-house developed software. Kambi has offices in the United States, Sweden, Philippines, Malta, Romania, the united kingdom, and Australia. Nearly half of the revenue is generated from Malta.