Kambi has secured one of its most significant US commercial wins to date after being selected by Station Casinos to power the operator's retail and online sportsbook business across Nevada.
The agreement gives Kambi its first foothold in the Silver State, where it received regulatory approval last year, and significantly expands the supplier's presence in one of the world's most recognised sports betting jurisdictions. Financially, Kambi expects the partnership to begin making a mid-single-digit million euro annual contribution from 2027.
Rather than supplying only sportsbook technology, Kambi will provide a fully integrated betting ecosystem combining its sportsbook, player account management platform and horseracing product. Customers will be able to move seamlessly between betting in person and online through a single wallet, while Station Casinos will also migrate its STN Sports mobile application onto Kambi's platform.
The partnership also represents a notable shift for Station Casinos, whose sports betting business extends well beyond its own portfolio. Alongside more than 20 casino properties across the Las Vegas Valley, the operator manages sportsbooks at Fontainebleau Las Vegas, Treasure Island and several independent Nevada casinos, giving Kambi exposure across a substantial statewide network.
For Kambi, the deal continues its strategy of focusing on regulated markets while expanding relationships with established operators rather than pursuing rapid market entry. Nevada's stringent licensing requirements and mature competitive landscape make new supplier agreements relatively uncommon, underlining the significance of the partnership.
Werner Becher, Kambi Group CEO, said: “Kambi is delighted to enter this exciting partnership with Station Casinos, an operator of great size and reputation in the Nevada market. This landmark agreement will not only see Kambi enter Nevada, widely known for being the gold standard of gaming and sports betting regulation, but it also marks the first state-wide deployment of our fully integrated Turnkey Sportsbook and PAM solution. I look forward to working closely with Station Casinos over the next decade as we aim to take its online and retail sportsbooks to the next level.”
“We look forward to partnering with Kambi and leveraging their proven technology platform to enhance the sports betting experience for our guests,” said Jason McCormick, VP of Race and Sports for Station Casinos. “Together, we are committed to providing a reliable, engaging, and seamless experience that meets the evolving needs of our players.”
The announcement follows a strong second quarter for Kambi, during which revenue increased 13.5% year-on-year to €45.9m (US$52.96m) and adjusted EBITA more than doubled. The supplier also raised its full-year earnings outlook after processing more than €1bn in sportsbook turnover during the FIFA World Cup, citing continued commercial momentum and growing adoption of its AI-powered trading and sportsbook technology.
Nevada remains one of the most established and tightly regulated sports betting markets in the US, making it a significant milestone for suppliers seeking nationwide expansion
