Industry virtual sports content and systems provider VSoftCo Ltd has confirmed that it has entered a multi-year strategic partnership with Virtus Sports, in which both parties will expand their operating networks. The partnership will see VSoftCo integrate Virtus Sports entire virtual sports portfolio across its active partner platform. VSoftCo management details that its global VS network will be significantly amplified …
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Commercial & Delivery effective Kambi records strong 2018 opening
Stockholm-listed, betting platform and software provider Kambi Group Plc has detailed a strong opening momentum for 2018. Publishing its Q1 2018 trading update (period ending 31 March), Kambi records a 15% increase in corporate revenues to €16.4 million (Q1 2017: €14.2 million), with the betting platform provider maintaining a high 7.9% trading margin. Continuing its strong momentum from a record …
Read More »Casumo to target casual bettors via gamified Kambi sportsbook
Sportsbook suppliers Kambi has agreed a deal with gaming firm Casumo to deliver a gamified sports betting product. Leveraging Kambi’s technology, Casumo intend to primarily target casual bettors, and the millions of sports fans who have never placed a bet, with the its new sports product. Detailing a multi-year deal, Kambi’s sportsbook and technology services, including open API’s, are intended …
Read More »Kambi Group initiates strategic virtual sports investment
Kambi has announced an enhancement of its sportsbook platform, via a strategic investment in gaming start up Virtus Sports. The deal, concluded for £500,000 (€565,000), sees Kambi take a stake of just over 25% in the firm, with the investment paid in net cash, which as of December 31 of last year stood at €26.9m. Under the terms of the …
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