At the start of September, Shape Games joined the Kambi group following a €38.5m takeover. And whilst it was said that this deal will help revamp Kambi’s front-end services, it is also expected that Shape Games will support Kambi in delivering high quality technology for global demands. Discussing the acquisition at SBC Summit Barcelona, Shape Games CEO Morten Tonnesen shed …
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Puerto Rico publishes long-awaited business authorisations for sports betting
The Commonwealth of Puerto Rico has named the seven businesses that have been licensed to operate online sportsbook services within the US overseas territory. A long-awaited update to Puerto Rico’s sports and gambling legislature saw Jaime Rivera-Emmanuelli, who serves as interim director of the Puerto Rico Gaming Commission (PRGC) disclose the identities of the seven firms. The PRGC has authorised …
Read More »Kambi’s Juan Barrachina: Tech expertise is crucial to LatAm success
Speaking ahead of a panel at next week’s SBC Summit Latinoamérica, Kambi Sales Director Juan Barrachina shares his view of the opening LatAm sports betting and igaming market and the need for operators to launch a deep, high-performing offer there. SBC: Could you begin by telling us about Kambi’s work in and plans for Latin American markets? JB: The momentum …
Read More »Kambi: Build the bet and they will come…
What is a bet builder? What has it done for the sports betting industry? And how can it be best applied to engage an increasingly savvy generation of bettors? These, and many other questions, are tackled by Kambi in its latest white paper. Sports betting solutions provider Kambi has published a new white paper that shines a guiding light on …
Read More »Kristian Nylén: PENN closure sees Kambi refresh its US outlook
Kristian Nylén, Chief Executive of Kambi Group Plc, has underlined the sports betting technology firm’s strengthened US commercial prospects, having settled terms to finalise its key contract with PENN Entertainment. This morning, Kambi disclosed the deal closure terms of its lead sportsbook supplier contract with PENN, a partnership that the Stockholm-listed technology group has serviced since 2019. To date, Kambi …
Read More »Kambi pushes ahead with strategic vision as €38.5m Shape takeover finalised
A major betting and gaming M&A development took place this morning, as Kambi completed its acquisition of Shape Games to bolster its front end services. Carried out for a total consideration of €38.5m, the takeover will include a performance-related earnout of up to €39.6m, which could bring the total figure to €78.1m. Stockholm-based Kambi undertook the merger after identifying the …
Read More »Abios enters into data partnership with Bayes Esports
Abios, a subsidiary of Kambi, will now gain access to real-time data from League of Legends, Dota 2 and Counter-Strike: Global Offensive tournaments after entering into a new partnership with Bayes Esports. The data from Bayes Esports, which also includes information from tournament organisers such as Lol esports, ESL Gaming, Dreamhack and Beyond the Summit, will be used to power …
Read More »The content conundrum: Kambi’s Jamie McKittrick examines media and data complexities
Content is King across any sector with a large digital presence, but in betting and gaming is somewhat of a battlefield, with varying sporting schedules as well as the double-edged sword of data and media rights to consider. As the SBC Summit Barcelona edges closer, Senior Vice President Of Commercial Operations at Kambi, Jamie McKittrick, shared his views on how …
Read More »Transatlantic tricks of the trade: Branch’s Reed Kuhn examines betting
Much of the global betting industry’s focus over the past year has been on US developments, but Europe still has ample ‘greenfield space’ ripe for revenue cultivation. Having established itself in North America’s big tech space from its Silicon Valley headquarters, Branch.io has now looked to new avenues for success. Looking ahead, as the company’s Director of Business Strategy, Reed …
Read More »Ondiss deal enables Kambi to expand Argentina sportsbook presence
Kambi Group will provide its sportsbook solutions services to the BetWarrior, Casino Magic and Casino Club brands under exclusive supplier partnerships. The arrangements with the three Argentinian online betting and casino firms came about as a result of the Swedish company’s multi-year deal with player account management (PAM) platform Ondiss. Provisions of the multi-channel contract enabled Kambi to partner with …
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