VIE 26 DE ABRIL DE 2024 - 18:58hs.
Becoming provider of BetAmerica brand

Kambi forms US sports betting partnership with Churchill Downs

Kambi Group has signed a multi-year agreement with a subsidiary of Churchill Downs Incorporated (CDI) to become the sportsbook technology and services provider to CDI’s BetAmerica sports betting brand. “I’m certain we will be able to grow our businesses together as the U.S. sports betting and iGaming market expands,” said Kambi’s CEO Kristian Nylén.

BetAmerica sportsbooks are currently available in New Jersey, Pennsylvania, Indiana and Mississippi.

The deal will position BetAmerica to capitalise on its market access to offer Kambi’s industry leading online and on-property sports wagering experiences to new and existing players. BetAmerica will leverage Kambi’s sports betting offering with its integrated online gaming platform that will be powered by GAN’s U.S.-optimized enterprise software.

BetAmerica will benefit from Kambi’s proven excellence in sportsbook provision, with Kambi’s secure and empowering technology providing the reliability and differentiation capabilities required to succeed in today’s competitive U.S. sports wagering landscape.

The agreement is expected to have a small positive impact on Kambi’s 2020 revenue, however, the partnership has the potential to become a material source of revenue over the course of the contract.   

Kristian Nylén, CEO, Kambi, commented: “It’s a pleasure for Kambi to be partnering with CDI and its BetAmerica brand, which has the potential to benefit from its market access and existing customer database.”

“I’m certain with the quality and experience we possess, together with the BetAmerica leadership team, we will be able to grow our businesses together as the U.S. sports betting and iGaming market expands,” Nylén added.

Bill Carstanjen, CEO of CDI, said: “We believe the transition to Kambi and GAN as our new technology providers will enable our team to execute the rollout of BetAmerica sportsbooks and iGaming product offering more efficiently as states move to legalize and implement regulations permitting sports betting and iGaming in the coming years. BetAmerica will benefit from the proven excellence of these market-leading providers.”

Source: GMB