Kambi shuts down rumor of potential takeover by Genius Sports

The company that provides technology services to sportsbook operators, Kambi Group Plc, refuted rumors that it is in talks to acquire Genius Sports.

The chairman of the board of directors at Kambi, a company based in Sweden, refuted recent rumors that Genius, a data provider to sportsbooks, was considering buying the company.
Kambi's recent withdrawal of its more ambitious financial targets, partially attributed to Brazilian regulatory concerns, only serves to fuel the rumors.
 
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