Kambi Secures Nevada Gaming Licences, Expanding US Presence

The Nevada Gaming Commission has approved Kambi’s application for gaming licences, allowing the company to provide its sportsbook solutions to operators across the state.

The approval includes Manufacturer & Distributor Licences and an Information Services Licence, following a unanimous recommendation from the Nevada Gaming Control Board earlier this month.

With Nevada’s strict regulatory landscape limiting B2B competition, Kambi’s entry into the market aligns with its long-term growth strategy.

Kambi CEO Werner Becher commented:

“Securing approval for our licences in Nevada is an important milestone for Kambi and a testament to our market-leading technology, regulatory expertise and corporate integrity.

"Nevada is widely known as the gold standard for betting and gaming regulation, insisting on a standard that few companies can meet and is therefore recognition of Kambi’s unwavering commitment to excellence. We would like to thank both the Commission and NGCB for their thorough review and approval of our applications.”

Kambi’s expansion into Nevada follows key organisational changes, including the appointment of Mattias Frithiof as SVP of Investor Relations & Sustainability. Frithiof, who brings over 15 years of experience in investor relations and finance, will oversee financial performance reporting and corporate responsibility initiatives.

Additionally, as part of its broader workforce strategy, Kambi has introduced a new Chief People Officer role, recently filled by Brian Dean.