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iGaming.News
TechThursday, 12 September 2024 · 9:43am GMT · 2 min read

Kambi and KTO Group Form Multi-Year LATAM Sportsbook Partnership

Kambi’s established reputation in Latin America, particularly in regulated markets, will play a key role in supporting KTO's expansion efforts in Brazil.

AJAndrew JonesEditorial Team
Kambi and KTO Group Form Multi-Year LATAM Sportsbook Partnership

Kambi, a leading supplier of sports betting technology, has revealed a new multi-year online sportsbook partnership with KTO Group. As part of this agreement, KTO Group will transition from its current third-party sportsbook provider to Kambi’s cutting-edge turnkey sportsbook, with a focus on Brazil

Kambi’s established reputation in Latin America, particularly in regulated markets, will play a key role in supporting KTO's expansion efforts in Brazil. The partnership includes access to Kambi’s AI-driven trading capabilities, comprehensive odds coverage for popular sports in the region, and its innovative Bet Builder feature, complete with live and cash-out options.

Expressing his enthusiasm, Kambi CEO Werner Becher commented:

“This collaboration with KTO will allow them to elevate their sportsbook offering and prepare for Brazil’s fast-approaching regulated market.”

Andreas Bardun, CEO of KTO, described the agreement as a significant milestone for the company, noting that Kambi’s advanced technology would help boost their product offering and expand their brand presence in Brazil.

This partnership strategically positions both companies to seize opportunities in Brazil's rapidly developing sports betting market, which is poised to become one of the world’s largest.

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