DraftKings and Kambi agree to split by September 2021
DraftKings and Kambi Group have mutually agreed to DraftKings’ migration phase of shifting to proprietary technology from the Kambi sportsbook platform.
Kambi will receive revenue from DraftKings through the end of the partnership, which runs to 30 September, 2021.
“Kambi has been a collaborative partner and was instrumental in DraftKings being first to market in New Jersey with our sportsbook,” said Paul Liberman, DraftKings President of Global Technology and Product. “We appreciate the efforts they have made, and will continue to make, in helping to ensure a smooth migration for us as we move on to our own platform.”
DraftKings will transition to SBTech services in the next year.
If DraftKings moves to proprietary technology before the end of the partnership, it will still pay Kambi the same level of revenue share.
Kristian Nylén, Kambi CEO, said, “Since partnering in June 2018, the Kambi-DraftKings relationship has proven to be highly rewarding for both parties, delivering first-class sports betting experiences to players across more states than any other sportsbook, and establishing Kambi and DraftKings as true leaders in their respective fields.”
DraftKings and Kambi agreed to “take additional steps during the transition period to safeguard Kambi intellectual property, ensuring a secure and efficient transition for both parties.”
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