Kambi Group PLC secures approval to launch in Ontario
With approval from the Alcohol and Gaming Commission of Ontario, Kambi can begin operating on April 4.
Kambi Group PLC is a B2B provider of sports betting services to licensed B2C gaming operators. The group has now obtained regulatory approval from the Alcohol and Gaming Commission of Ontario (AGCO).
This approval will allow the group to team with other partners when the first day of the Ontario online market opens. Kambi received confirmation from the AGCO of its registration as a Gaming-Related Supplier taking effect on April 4, 2022.
Kristian Nylén, Kambi Chief Executive Officer and Co-Founder said: “I am delighted that Kambi has become one of the first sportsbook providers to obtain registration from the AGCO.
She went on to say: “This landmark achievement is a testament to Kambi’s expertise and exemplary track record in compliance, and we are excited to be in a position to deliver our market-leading sportsbook technology to our partners’ customers in Ontario from day one.”
Kambi Group PLC is partnered with many organizations, this includes a recent extension with Kindred until 2026. In December 2021, Kambi entered a multi-year partnership with Affinity Interactive to give them access to Kambi’s software platform.
In August of 2021, Kambi acquired the Esports data company Abios, this was only three years after its investment in Virtus Sports, a virtual sports provider.
Kambi will add Ontario to the list of locations it currently provides services to. Kambi has offices in, Bucharest, Philadelphia, London, Manila, Sydney and Stockholm. It also provides services to operators in Europe, Asia, and Latin America.
This regulatory approval allows Kambi to provide its services to operators in Canada’s most populous province when the market opens on April 4, 2022.
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