Kambi CEO Werner Becher recommended for Nevada gaming license
Becher’s application will now be heard before the Nevada Gaming Commission on August 21, as the CEO stated Kambi is currently in the ‘GLI testing phase’ of conducting state operations.
Key Points
- Kambi was originally granted licensing approval by the NGCB for both its Manufacturer & Distributor and Information Services licenses on January 30, 2025
- The sports betting services provider currently has an agreement in place to field test at the Bally’s Lake Tahoe property, as Becher continues to await fellow pending applications in other states
Kambi Group CEO Werner Becher was officially recommended for a gaming license by the Nevada Gaming Control Board (NGCB) on August 6 following approval of the sports betting services provider’s Manufacturer & Distributor and Information Services licenses in January 2025.
His application will now be heard before the Nevada Gaming Commission on August 21, as the CEO stated Kambi is currently in the “GLI testing phase” of conducting state operations.
“Nevada is not only known as the gold standard in the industry when it comes to licensing, but also there’s a lot of experience and knowledge here. It’s an interesting location from which to hire,” Becher said.
“It can be a little bit tough sometimes, but being licensed and having the gold standard on it is worth it.”
Good to know: Kambi unveiled its Q2 and H1 2025 financial report on July 23, highlighting a revenue decline of 11.5% year-over-year to $47.5 for the second quarter, with H1 revenue also slipping 7.9% to $96.3m
The sports betting services provider currently has an agreement in place to field test at the Bally’s Lake Tahoe property, as Becher continues to await fellow pending applications in other states.
Kambi’s CEO appeared before the NGCB via webcast on August 6, breaking down his career background and explaining his responsibilities for the supplier. As CEO, Becher stated he is looked upon to drive global strategy in software development, trading and risk management for customers.
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