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SOFORT, Klarna’s Direct Bank Transfer Payments Service, Enables UK Gambling Block for Direct Bank-to-Bank Payments

Klarna, a leading global retail bank, payments and shopping service that helps consumers save time and money, be informed and in control of their finances, announced it is enabling banks to extend voluntary gambling blocks to open banking-driven payments powered by its subsidiary, SOFORT, helping protect hundreds of thousands of UK consumers.
UK challenger bank, Monzo, was the first bank to introduce a gambling block in 2018, following demand from customers who wanted help controlling their use of gambling sites. Since then most UK banks have followed Monzo’s lead. However, while gambling blocks are effective for payments made by card, open banking powered payments are often not covered. Klarna’s subsidiary SOFORT became the first provider to integrate the UK’s first Open Banking powered gambling block, developed by Monzo and Truelayer last year, who made the update code public. This will allow Monzo to extend their gambling block to all Klarna-powered, immediate bank-to-bank payments for Monzo’s UK customers. Currently, 400,000 Monzo customers have activated the gambling block.
Klarna Kosma is one of the largest open banking aggregators in the world, providing connectivity to 15,000 banks worldwide. The network powers SOFORT, one of Klarna’s direct bank-to-bank payment methods, which is used by 75,000 merchants across Europe, including some online gambling and gaming sites. Importantly, only immediate payments are allowed to online gambling and gaming sites; none of Klarna’s BNPL or other credit products can be used on gambling or gaming sites.
With the update Klarna has announced, banks connected to SOFORT will be able to identify a payment request from a gambling or gaming company and, if there is a gambling block in place, block that payment, protecting their customers. The update code is available for banks and Open Banking providers to use, and the fix is quick, simple and easy to build.
“We’re calling on banks and other open banking infrastructure providers to make this relatively small update which could help protect hundreds of thousands of UK consumers. Open banking has huge potential to increase competition and reduce costs and as adoption grows the industry must move quickly to make changes which can further improve the lives of UK consumers,” Alex Marsh, Head of Klarna UK, said.
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Kambi Group plc Q2 2025 Report

“Q2 2025 proved to be a quarter that reflected both the resilience of our business and the evolving dynamics of our industry” says Werner Becher, CEO of Kambi Group
Financial highlights
- Revenue in the second quarter totalled €40.5m (45.7m), a decrease of 11.5%. Excluding the €4.5m of transition fees received in Q2 2024, revenues decreased by 2.0%. For the first half of 2025 revenues were €81.9m (88.9m), a decrease of 7.9%. Excluding €8.9m of transition fees received in H1 2024, revenues increased by 2.3%.
- Adjusted EBITA (acq) in the quarter was €3.7m (7.5m), at a margin of 9.2% (16.4%). For the first half of 2025, adjusted EBITA (acq) was €6.0m (13.3m), at a margin of 7.4% (14.9%), and €7.2m (13.3m) excluding the impact of FX revaluations, almost entirely from the first quarter 2025.
- Total expenses were €38.1m (39.6m) in the quarter, a decrease of 3.8%. For the first half of 2025, total expenses were €78.6m (78.4m) including an FX revaluation loss of €1.2m (0.01m).
- Operating profit was €1.6m (6.2m), at a margin of 4.0% (13.5%) for the second quarter and €2.4m (10.6m), at a margin of 2.9% (11.9%) for the first half of 2025.
- Cash flow (excluding working capital and M&A) amounted to €1.3m (8.1m) for the quarter and €9.0m (13.5m) for the first half of 2025.
- Earnings per share for the second quarter of 2025 were €0.009 (0.155) and €0.036 (0.260) for the first half of 2025.
Key operational highlights
- Agreed two-year Turnkey Sportsbook extension and new Odds Feed+ agreement with LeoVegas Group.
- Signed Turnkey Sportsbook partnership with RedCap in Latin America, continuing Kambi’s expansion in the region.
- Following Kambi’s EGM, the Board initiated two consecutive share buyback programmes with a total value of SEK 165m (€15m) which will run until 21 November 2025. This is Kambi’s largest share buyback to date.
CEO comment
“Q2 2025 proved to be a quarter that reflected both the resilience of our business and the evolving dynamics of our industry. While results were in line with our expectations, they came against a backdrop of challenging market conditions and tough comparisons with Q2 2024.
Last year’s quarter benefited from the uplift of the Euros and Copa América and included the last full quarter of transition fees from Penn Entertainment. Meanwhile, challenging dynamics include foreign exchange movements and regulatory and tax headwinds, such as deposit limits in the Netherlands and Colombia’s VAT, which continue to affect performance.
Operator trading margin was 11.5% for the quarter, above our long-term expected range of 9.5–11.0%, as we continued to see strong engagement with our market-leading Bet Builder, which is a higher margin, lower staking product. Despite these impacts, Q2 was a period of solid operational progress across various areas of the business. Additionally, the continuation of our 2025 efficiency programme can now start to be seen in our cost base and will continue to drive increased leverage throughout the year.
From a commercial perspective, we were delighted to extend our partnership with LeoVegas Group through a new two-year Turnkey Sportsbook agreement. We also expanded this relationship through an Odds Feed+ deal, with LeoVegas becoming our fourth partner since launching the product in Q3 2024. While Turnkey partner churn is an inevitable part of the business, it is encouraging to see our product portfolio evolving in ways that now enable us to retain partners through our more extensive product offering.
We continue to diversify our revenue base, illustrated not only by the Odds Feed+ deal but the recent Turnkey Sportsbook signing of RedCap in Latin America, expanding our reach in the region. RedCap will initially launch its Betpro and Starplay brands online in Panama and El Salvador, with scope to expand into retail and additional markets in the future. RedCap will be transitioning from a competing supplier, underlining our position as the home of premium sports betting solutions.
Our esports betting product, powered by our Abios division, is also becoming an increasingly important part of our product offering. Esports via the Turnkey continues to grow in popularity and in Q2 was the fifth largest ‘sport’ across the global network based on turnover. We believe we have a leading esports product, one that’s not only proving its worth on the Turnkey but is fast becoming a unique selling point for our Odds Feed+ product, with few operators possessing this capability in-house.
While the first half of the year played out broadly as expected, I want to reiterate that I am not satisfied with where we are at today, with my ambition for the business being far greater. Looking ahead to the rest of the year, the external environment will continue to pose challenges, but I remain optimistic that we can increasingly deliver value for our partners, expand our partner network, strengthen our product portfolio and position the business for long-term, sustainable growth.”
Invitation to presentation of the report
Kambi invites analysts, investors, and media to a presentation of the report at 10.00 CEST on Wednesday 23 July.
The presentation will be held in English by Kambi’s CEO Werner Becher and CFO David Kenyon and can be accessed using the links below. After the presentation there will be the opportunity to ask questions.
The post Kambi Group plc Q2 2025 Report appeared first on European Gaming Industry News.
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Winning Best Affiliate Manager: What It Really Takes to Win in iGaming 2025

Every year, the AskGamblers Awards bring together the leading minds of the iGaming world to spotlight the most impactful brands and standout professionals in the industry. Held in Belgrade, the 2025 edition once again celebrated innovation, growth, and excellence across the affiliate and online casino space.
Among the winners was Kristina Shkredova, Affiliate Team Lead at Boomerang Partners. She was named Best Affiliate Manager by the AskGamblers expert jury — a title awarded to standout leaders who deliver results and put partners first.
The Role of Personality
Kristina’s victory in the prestigious Best Affiliate Manager 2025 award confirms the axiom that the importance of personalities in the success of iGaming brands is undeniable. She has been with Boomerang Partners since its inception as a marketing agency and has become one of the brightest personalities in the industry.
Kristina Shkredova: “I am thrilled to receive the Best Affiliate Manager award and would like to extend my heartfelt gratitude to Nikola, the AskGambler’s account manager assigned to me, as well as to the entire AskGamblers team. This accolade is not just a professional achievement but a testament to our beautiful partnership, founded on shared values, aspirations, and a mutual sense of humor.
Having been with Boomerang Partners since the very beginning, I feel profound and deep love for our affiliate marketing agency and am honored to be a part of this incredible journey. I am immensely proud of the work we have done and eagerly anticipate the new peaks we are set to conquer.”
Successful Cases
Industry experts know that the affiliate marketing sector is highly competitive. That’s why many people opt for tried-and-tested strategies, even though they don’t guarantee success. However, Kristina’s experience shows that the willingness to take risks and set ambitious goals — ones that might initially seem unrealistic — can pay off.
Her portfolio includes several instances of partnering with affiliates who had no prior experience with sports traffic. These partners recognized the risk of venturing into an unfamiliar area. Yet, the strong partnership with Kristina and the backing from Boomerang Partners persuaded them that it was worth the attempt.
The outcome? These partners are now generating significant volumes of sports traffic, having tapped into a vast ocean of opportunities. They have no regrets about leaping.
Trends and Development of the Affiliate Marketing Industry
The development of modern technologies has a profound impact on the industry and the competitiveness of brands. Kristina’s work clearly shows that it is not only technology and a variety of offers that contribute to success. She believes that the key trend is maximum sincerity and openness in communication with partners. This enables the establishment of long-term, trusting working relationships and fosters a loyal base of partners.
Speaking of loyal partners, Kristina highlights another interesting trend. She notes that companies in the industry are now demonstrating greater creativity in organizing joint activities with their partners. These activities include, for example, joint retreats, trips, and dinners that are transformed into spectacular shows. This helps bring the parties closer together.
Boomerang Partners, by the way, has its own unique initiative that fosters an exceptional approach to partners: the annual global traffic tournament, the Golden Boomerang Awards.
From February to May 2025, Boomerang Partners hosted the second season of the Golden Boomerang Awards. Compared to the first season, the number of participating teams from around the world increased from 226 to over 400. Awards were presented in 11 categories, and the award ceremony took place at the iconic San Siro Stadium in Milan, thanks to Boomerang’s strategic partnership with the renowned AC Milan. For affiliates, this event was truly unforgettable, as the ceremony was combined with a networking event.
Kristina predicts a significant surge in the demand for sports traffic. Many brands in Boomerang Partners’ portfolio are already focusing on it, and the agency is open to collaboration opportunities in this space.
In 2024, Boomerang Partners saw a remarkable +194% growth in sports traffic across its affiliate ecosystem, along with a +120% year-over-year increase in new affiliate sign-ups. The agency’s effectiveness is undeniable, and Kristina plays a crucial role in driving these successes.
The Role of the Team and the Boomerang Partners’ Culture
It’s essential to note that Kristina’s victory is not solely a result of her personal qualities, but also the environment in which she works. Boomerang Partners fosters a culture that encourages the development of strong industry knowledge in affiliate managers and nurtures their leadership skills. Each team member can rely on internal support, flexibility in problem-solving and goal-setting, as well as active involvement in business processes. This collaborative environment contributes to efficient work and tangible results.
What’s Next
Kristina is honored to receive the Best Affiliate Manager 2025 award from AskGamblers, but she recognizes that there is still much work to be done. Boomerang Partners regularly participates in major industry events, showcasing its presence with a dedicated booth. Kristina actively attends these events, always prepared to engage with potential partners. She’s now focused on new partnerships and strategic moves that will help Boomerang Partners stay ahead as a top-tier sports affiliate program.
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Independent evaluation shows Ygam training is ‘highly effective’ for practitioners

Health and Social Care practitioners saw a 72% increase in their ability to recognise gaming and gambling harms in children and young people after completing Ygam’s training, an independent evaluation has revealed.
The independent evaluation, conducted by Rocket Science, highlights the ‘vital role’ of Ygam’s programme in equipping practitioners with the knowledge and tools to recognise, support, and signpost those at risk. It emphasises the importance of Ygam’s work as many practitioners initially have limited awareness of the risks that gaming and gambling can pose to children and young people.
The report reveals data that shows that, in 2024, Ygam not only frequently met, but also exceeded, its monthly targets in relation to the children and young people reach of trained delegates, achieving an overall reach of 166% of the intended target. Ygam trained 1,957 practitioners reaching an estimated 199,467 children and young people. Key deliveries of the training included clinical and non-clinical staff at Alder Hey Children’s and frontline teams at the children’s mental health charity Place2Be.
The evaluation provides strong evidence that Ygam’s training is highly effective and well-suited for Health and Social Care practitioners. Participants reported significantly increased knowledge of gaming and gambling harms after completing the training. The findings also indicate that the programme enhances practitioners’ ability to recognise the signs of harm in children and young people, as well as their confidence in signposting and offering appropriate support when concerns arise.
Data collect from pre, and post workshop surveys showed their knowledge of gaming and gambling harms increased from 14.8% to 95.1%. There was also strong evidence to suggest their confidence in communicating with children and young people about gaming and gambling had increased (from 20.4% to 91.9%), as well as their ability to signpost and support those who may be experiencing harm (from 18.5% to 92.8%).
The evidence also suggests that the increase in knowledge is enduring insofar as most respondents reported high levels of knowledge regarding gambling and gaming in children and young people at both three months (57.8%) and six months (75.0%) following the workshop.
The evaluation also presented Ygam with some recommendations to enhance the reach and effectiveness of the programme. These include expanding training access to a wider range of frontline professionals, integrating content into existing safeguarding and mental health frameworks, and developing tailored resources for specific practitioner groups.
Sandy Thompson, Programme Lead for Health and Social care at Ygam, said:
“Being evidence-led is at the heart of everything we do. This evaluation does not just depict our impact but emphasises our heightened focus on reflection and improvement. Over the past year, we’ve embedded rigorous evaluation into every stage of programme delivery to ensure our work is both effective and responsive to the needs of health care practitioners and the young people they support.
“These insights have shaped our approach, informed our partnerships, and strengthened our commitment to continuous growth. As we look ahead, this evidence base will continue to guide our efforts to scale impact and drive meaningful change in the prevention of gaming and gambling harms.”
The post Independent evaluation shows Ygam training is ‘highly effective’ for practitioners appeared first on European Gaming Industry News.
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