KTO drives growth in Brazil with Kambi’s sportsbook

Kambi has revealed an online sportsbook partnership with operator KTO Group.

The multi-year deal, aimed at Brazil, will see KTO Group replace its existing third-party sportsbook provider with the supplier’s turnkey sportsbook.

Werner Becher, Kambi CEO, commented: “We are thrilled to announce this exciting partnership with KTO, one of the leading sports betting operators in Brazil. 

“Both companies share a deep passion for delivering exceptional sports betting experiences and this collaboration will enable KTO to take its sportsbook offering to the next level.”

Kambi’s end-to-end sportsbook solution also includes its innovative AI-powered trading capabilities, comprehensive odds coverage of Latin America’s most popular sports and an award-winning Bet Builder with live and cash-out functionality.

Becher added: “By leveraging Kambi’s advanced technology and expertise, KTO is well positioned to expand its foothold in Brazil as it prepares to launch what will become one of the world’s largest regulated sports betting markets.”

With Brazil set to launch a regulated sports betting market in early 2025, the agreement strengthens Kambi’s position in Latin America and builds upon its success in regulated markets across the region such as Argentina, Colombia, Mexico and Peru.

“Partnering with Kambi is a significant milestone for KTO,” noted Andreas Bardun, KTO Founder and CEO. 

“Kambi’s cutting-edge technology, combined with their understanding of the sports betting industry, will allow us to elevate our product offering and provide our customers with a best-in-class experience.”

“We are excited to leverage Kambi’s product and expertise as we look to grow our brand in the Brazilian market.”