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”In a company press release, Chief Executive Officer for Kambi, Kristian Nylén, said…“It’s a pleasure for Kambi to be partnering with CDI and its BetAmerica brand, which has the potential to benefit from its market access and existing customer database.The London-headquartered supplier went on to say that it will publish third-party sports betting content obtained from Kambi which is currently integrated into its platform and available to clients.”The acquisition was in anticipation of the May 2018 PASPA (Professional and Amateur Sports Protection Act) reversal, which saw the US Supreme Court determine that the 1992 federal law violated constitutional principles by forcing states to ban sports betting under their own laws....
”Kambi added that the agreement “is expected to have a small positive impact” on its 2020 revenue but that the “partnership has the potential to become a material source of revenue over the course of the contract.”In a company press release, Chief Executive Officer for Kambi, Kristian Nylén, said…“It’s a pleasure for Kambi to be partnering with CDI and its BetAmerica brand, which has the potential to benefit from its market access and existing customer database.”Malta-headquartered Kambi Group said the deal will “position BetAmerica to capitalise on its market access to offer Kambi’s industry leading online and on-property sports wagering experiences to new and existing players....
”The CDI subsidiary will leverage Kambi’s sports betting offering with its integrated online gaming platform to be powered by GAN’s US-optimized enterprise software.”Michigan launch:Earlier this month, CDI announced that its newly-signed partnership with Hannahville Indian Community will see its BetAmerica sports betting and iGaming platform launched in Michigan, where sportsbetting and online casino gambling were legalized in December 2019.”Malta-headquartered Kambi Group said the deal will “position BetAmerica to capitalise on its market access to offer Kambi’s industry leading online and on-property sports wagering experiences to new and existing players....
Smurfit said…“We look forward to powering the BetAmerica brand with our highly optimized technology platform and enabling CDI to efficiently invest their marketing capital to attract loyal sports betting and iGaming players.After recently entering Michigan’s sports betting and iGaming market, Churchill Downs Incorporated (CDI) (NASDAQ:CHDN) has inked multi-year agreements with Game Account Network (GAN) and Kambi Group plc for its BetAmerica sports betting brand.”For its part, CDI Chief Executive Officer Bill Carstanjen said…“We believe the transition to Kambi and GAN as our new technology providers will enable our team to execute the rollout of BetAmerica sportsbooks and iGaming product offering more efficiently as states move to legalize and implement regulations permitting sports betting and iGaming in the coming years....
Under the terms of the new partnership agreements, the two firms will serve as new technology providers to BetAmerica which currently manages sportsbooks in Pennsylvania, New Jersey, Mississippi, and Indiana.”Michigan launch:Earlier this month, CDI announced that its newly-signed partnership with Hannahville Indian Community will see its BetAmerica sports betting and iGaming platform launched in Michigan, where sportsbetting and online casino gambling were legalized in December 2019.”The CDI subsidiary will leverage Kambi’s sports betting offering with its integrated online gaming platform to be powered by GAN’s US-optimized enterprise software....
