Kambi Signs Deal to Power KTO Group’s Sportsbook in Brazil
The Kambi Group, the sports betting technology provider, has announced it has signed an agreement with KTO Group to provide its sportsbook solution to the Brazilian gaming operator.
Kambi Group agrees to supply KTO Group with its sportsbook solution.
LISTEN TO THIS ARTICLE:This partnership comes as Brazil is set to launch its regulated sports betting market in 2025. This is a multi-year deal and the integration of the new comprehensive sportsbook solution will replace the KTO Group's existing sportsbook offering powered by a third party. Kambi provides a complete turnkey solution and the KTO sportsbook platform will be enhanced with extra features, including Kambi’s AI-powered trading engine and its Bet Builder tools.
Partnering with Kambi is a significant milestone for KTO. Kambi’s cutting-edge technology, combined with its understanding of the sports betting industry, will allow us to elevate our product offering and provide our customers with a best-in-class experience. We are excited to leverage Kambi’s product and expertise as we look to grow our brand in the Brazilian market.
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Collaboration Strengthens Presence in Brazil
This partnership increases the Kambi Group’s footprint in Brazil and adds to the group's presence in the LatAm region. Kambi already has a significant presence in Argentina, Colombia, Mexico, and Peru.
KTO was launched in 2019 and is presently one of the leading operators in Brazil. The gaming operator has enjoyed rapid growth by following a strategy of intense marketing, signing brand ambassadors, and sponsorship initiatives.
Brazil has extended its license application process as the authorities prepare for the launch of a new regulated gaming and sports betting markets at the start of 2025.
We are thrilled to announce this exciting partnership with KTO, one of the leading sports betting operators in Brazil. Both companies share a deep passion for delivering exceptional sports betting experiences and this collaboration will enable KTO to take its sportsbook offering to the next level. By leveraging Kambi’s advanced technology and expertise, KTO is well positioned to expand its foothold in Brazil as it prepares to launch what will become one of the world’s largest regulated sports betting markets.
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