Sports activities betting engineering provider Kambi Team announced now it signed an settlement with a recently created athletics betting model in Latin The usa to give its technological innovation and products and services. The new settlement is backed by a non-public fairness agency.

Entering A different Latin American Sector

The Malta-centered sports betting tech group teamed with NG Gaming for the launch of its on line sportsbook brand Olimpo.wager, which was just lately additional to the belongings of a person of the foremost corporate groups in the Latin American region.

Concentrating on Latin American markets, the Olimpo.guess manufacturer will in the beginning launch in Peru to get edge of development prospects there, even though additional strengthening Kambi’s posture in the location and increasing the group’s presence in Colombia and Argentina so significantly.

Talking about the new arrangement, Kambi CEO and co-founder Kristian Nylén outlined the relevance of the new strategic partnership as the technologies corporation is hunting to grow its “footprint in Latin America’s rising sporting activities betting markets”.

“The ambition proven by NG Gaming to be among the leaders in sports betting matches our possess, and we are thrilled at the prospect of Olimpo.guess going dwell in time for the Copa América.”

Kristian Nylén, CEO and Co-Founder, Kambi Group

A spokesperson of mother or father firm NG Gaming expressed the enjoyment the partnership with Kambi developed prior to the start of their new sports betting brand name that is predicted to disrupt the field in the area, while outlining Kambi was “the only companion we could trust to assistance us with our ambitious time-to-current market technique and long run growth throughout the South American continent”.

“Furthermore, Kambi’s flexible know-how, alongside its demonstrated risk administration and price tag differentiation capabilities, will give Olimpo.wager a system on which to outcompete the industry.”

Spokesperson, NG Gaming

Americas Symbolize Kambi’s Core Markets

Kambi Group concluded 2020 with amazing results pushed by extraordinary general performance throughout its significant US industry. It continued on the exact trajectory in the 1st quarter of 2021, launching sportsbook solutions in Michigan, Illinois, Virginia, and Arkansas to develop the full quantity of US jurisdictions in which Kambi powers sportsbooks to 14.

In the Latin American area, Kambi established a main posture on the Colombian industry, which supplied controlled sports activities betting back in 2017, though continuing to check out advancement chances presented by the massive inhabitants in the area, in individual in Brazil, Argentina and Peru.

Even though in Brazil the regulated athletics betting ecosystem is however to launch, in Argentina exactly where athletics wagering regulation is approved on a case-by-case basis, Kambi teamed with On line casino Magic in a multi-yr partnership deal to launch an on line sportsbook in the Neuquén province.