Kambi and Mohegan prolong their cooperation in Ontario
Kambi has extended its presence in North America and its current partnership with Mohegan to the Canadian province of Ontario.
The former will provide a platform for retail...
Kambi to expand in the Latin American market
Kambi Group is looking for ways to straighten its positions on the Latin American market and signs a contract with Ondiss.
Kambi signed a long-term deal with Ondiss, based on which the B2B provider is going to suggest its sportsbook technology and products to a couple of locations around Argentina through a few brands from BetWarrior to Casino Club and Casino Magic.
Any time soon, different operators from Ondiss’ network will be available for the group, as it is marking its places in the Argentina market with 3 locations turning into ten within a few months.
“The market in Latin America is very full of potential for our company, so we are very happy to start partnering with Ondiss. Both BetWarrior and Casino Magic showed that they are an important partner for the group, and we cannot wait to directly cooperate with their team again.”
commented K. Nylén, chief executive officer of Kambi.
Earlier last year, when the group started to cooperate with Casino Magic, it was allowed to offer its services in Neuquén city. As a result of the company going live with BetWarrior, it was the 1st sportsbook provider to launch in the City and Province of Buenos Aires.
“With this new deal we are strengthening our deal with Kambi, which started when BetWarriors was released. This will also help us to strengthen our leadership across Argentina with other brands and products.”
added S. Gándara the chief marketing officer of BetWarriors.
DraftKings’ withdrawal impacts Kambi’s revenue
In the 1st quarter of 2022 Kambi Group reported lower revenue.Profit for Q1 is 36.9 million euro, which is 14.6% less compared to last year’s 43.2 million euro.
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