Supplier Kambi has announced a multi-year online sportsbook partnership with operator KTO Group.
The partnership will see KTO Group replace its existing third-party sportsbook provider with Kambi’s turnkey sportsbook, aimed at Brazil.
Kambi’s track record in Latin America with its sportsbook technologies in the regulated market will aim to support KTO and strengthen its presence in Brazil.
The agreement includes Kambi’s AI-powered trading capabilities, extensive odds coverage for popular Latin American sports, and its Bet Builder with live and cash-out features.
Werner Becher, Kambi CEO, expressed excitement over the partnership, stating, “This collaboration with KTO will allow them to elevate their sportsbook offering and prepare for Brazil’s fast-approaching regulated market.”
Andreas Bardun, KTO CEO, hailed the deal as a milestone for KTO, emphasising that Kambi’s technology will enhance their product and grow their brand in Brazil.
The partnership will position both companies to capitalise on Brazil’s emerging sports betting market, which is expected to become one of the largest in the world.
Earlier this month, Kambi denied claims that the group was currently subject to a takeover by Genius Sports.
