Kambi Group partners with Brazil’s daily fantasy sports operator Rei do Pitaco
Kambi Group has signed an online sportsbook agreement with Rei do Pitaco (RDP), a Brazilian daily fantasy sports operator.
The multi-year partnership will enable RDP to leverage Kambi’s technology and services to launch a real-money online sportsbook in Brazil, a country in the process of regulating sports betting.
Mobile-led RDP has built its fantasy sports success through a focus on football, the most popular sport in Brazil. The operator’s mobile app has received over 13.6 million app downloads since going live in 2019.
Per the agreement, the operator will utilise Kambi’s customisable technology and suite of APIs and differentiation tools to deliver a localised product to its players.
RDP recently secured venture capital investment to expedite growth and power its move into sports betting. The company has also received investment from technology entrepreneur and FanDuel co-founder Nigel Eccles, who last year took up the position of Chair of RDP.
Kristian Nylén, Kambi CEO and Co-founder said: “I am delighted Kambi has partnered with Rei do Pitaco, a company which I believe is uniquely positioned to gain a strong position in the country.
“The talented people behind Rei do Pitaco have exciting and ambitious plans, so this agreement is a testament to the strength and flexibility of our sportsbook technology to be able to support those aims.”
Mateus Dantas, CEO, and Co-Founder of Rei do Pitaco, said: “Through this new operation, we are confident of delivering a market-leading online sportsbook to our fast-growing customer database which will have access to an excellent and safe user experience on our platform.”
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