The Kambi Group will boost the Sportsbooks ventures of the recently launched South American market operator NG Gaming.
The technology systems provider for Sportsbooks revealed that it has secured a commercial agreement to serve as the leading platform provider for all of NG Gaming’s sportsbook supplies serving the Latin American markets.
The multi-year partnership will see Kambi support the imminent launch of Olimpo.bet – NG Gaming’s first property aimed at establishing its presence in Peru’s regulated sector.
Kristian Nylén, CEO and co-founder of Kambi, said: “This is an important strategic partnership for Kambi as we continue to expand our presence in the growing Latin American sports betting market.”
“NG Gaming’s ambition to be among the leaders in sports betting matches ours, and we are thrilled with the prospect of Olimpo.bet going live in time for the Copa America,” concludes Kristian.
Kambi advancing in South America
The deal sees the company advancing its profile in the South American market, where the Stockholm-listed technology group has established leading vendor agreements with Televisa Mexico, BetPlay Colombia and, soon, a vertical sports betting launch with Casino Magic Argentina .
NG Gaming supported Kambi as its strategic technology partner, highlighting the company’s proven track record in launching new sports betting verticals in developing markets, overcoming demands of scale and technical complexities.
In a statement about the deal, NG Gaming detailed: “We are pleased to partner with us to launch our new disruptive brand. It quickly became clear that Kambi was the only partner we could trust to support us with our ambitious team strategy -to-market and future expansion across the South American continent”.
“In addition, Kambi’s flexible technology, together with its proven risk management and price differentiation capabilities, will give Olimpo.bet a platform on which it can compete more than the market.”
