In an exciting development for the world of online sports betting, supplier Kambi has announced a groundbreaking partnership with operator KTO Group. This multi-year agreement will see KTO Group replacing its current third-party sportsbook provider with Kambi’s cutting-edge services, specifically tailored to cater to Brazil’s burgeoning sports betting market.
Kambi, known for its successful track record in Latin America, is set to revolutionize KTO’s sportsbook offering with its state-of-the-art technologies. The partnership aims to solidify KTO’s position in Brazil and enhance its competitiveness in the rapidly growing market.
One of the key highlights of the collaboration is Kambi’s AI-powered trading capabilities, ensuring efficient and accurate odds compilation for popular Latin American sports. Additionally, Kambi’s Bet Builder feature, complete with live and cash-out options, will provide KTO customers with an unparalleled betting experience.
Excitement and optimism surrounding the partnership were palpable, with Kambi CEO Werner Becher expressing his enthusiasm for the collaboration. Becher noted, “This collaboration with KTO will allow them to elevate their sportsbook offering and prepare for Brazil’s fast-approaching regulated market.”
Similarly, KTO CEO Andreas Bardun hailed the partnership as a pivotal moment for the company, emphasizing that Kambi’s advanced technology will not only enhance their product but also elevate their brand presence in Brazil.
The partnership between Kambi and KTO Group comes at a strategic time, positioning both companies to take full advantage of Brazil’s rapidly expanding sports betting market. With projections suggesting that Brazil could become one of the largest markets in the world, this collaboration is poised to drive significant growth for both parties.
In light of recent speculation, it’s worth noting that Kambi has dispelled rumors of a potential takeover by Genius Sports. The focus remains firmly on the partnership with KTO Group and the exciting possibilities it presents in the dynamic world of online sports betting.
