Kambi ramps up Argentinian presence into 10 provinces
The multi-year agreement will see Kambi supply its sportsbook to three operators in Argentina with plans for future expansion
Kambi has signed a new deal with player account management platform Ondiss, which will see the firm supply its sportsbook to at least three operators in Argentina on an exclusive basis.
The Stockholm-listed supplier will provide its tech to BetWarrior, Casino Magic and Casino Club in the first instance and look to lend its services to other operators in the Ondiss network.
This agreement boosts Kambi’s presence in Argentina from three provinces to potentially more than 10 in the future.
Kambi had previously partnered with Casino Magic in Neuquén province at the start of 2021.
The firm had also gone live with BetWarrior in Q4 2021- and was one of the first to operate in both Buenos Aires City and Buenos Aires Province post regulation.
This will be the first time Kambi will partner with Casino Club, with the planned launch of the Kambi-powered sportsbook in Misiones later this year.
Kristian Nylén, CEO and co-founder of Kambi, said: “The Latin American market continues to hold great promise for Kambi, so I am delighted to sign this exclusive agreement with Ondiss to support these visionary operators across Argentina.
“BetWarrior and Casino Magic have proven fantastic partners for Kambi since going live and we look forward to working with the two brands, as well as Casino Club, even more closely as they look to build on their already strong position in the market.”
Santiago Gándara, CMO at BetWarrior, added: “This new agreement strengthens the successful relationship we have shared with Kambi since the launch of BetWarrior and will empower us to continue reinforcing our leadership in Argentina through the different brands and products that we operate together.”
This deal comes just over two weeks after Kambi posted a 19% year-on-year dip in Q2 revenue as a smaller sporting calendar and the departure of DraftKings hit the firm’s operations.
Kambi’s limited presence in the Netherlands was also listed as a reason for the decline, but this is set to improve by Kindred Group’s return to the market recently.
Kambi recorded 54% of its quarterly revenue from the Americas, with this set to be bolstered in the future thanks to these new deals.