AI Summary
Sign in to listen

Kambi and Olimpo.bet renew sportsbook partnership in Peru

Olimpo.bet will continue using Kambi’s Turnkey Sportsbook under a new multi-year agreement covering its regulated Peruvian betting business.

1 min read
peru
Key Points
Kambi and Olimpo.bet have agreed a multi-year sportsbook extension
The operator will continue using Kambi’s managed trading, pricing and risk management services
The companies first partnered in 2021

Kambi Group has signed a new multi-year agreement to continue supplying its Turnkey Sportsbook to Olimpo.bet in Peru.

The extension maintains a partnership that began in 2021, with the operator continuing to use Kambi’s fully managed sports betting product in the country’s regulated market.

Kambi said its platform provides pricing and trading, risk management and tools for tailoring the sportsbook to local customers. Olimpo.bet will retain the technology relationship as it develops its Peruvian offering.

Commenting on the update, Werner Becher, CEO of Kambi Group, stated: “Olimpo.bet is a fantastic example of a local hero operator that truly understands its market and players. We are delighted to extend our partnership through this multi-year agreement and to continue powering Olimpo.bet’s growth in Peru."

Manuela Gomez, Commercial Deputy Manager at Olimpo.bet, added: “Our partnership with Kambi has been instrumental in our success since 2021. Their Turnkey Sportsbook has allowed us to deliver a best-in-class experience that resonates with Peruvian players and supports strong engagement.

"Extending this relationship ensures we can continue to innovate, grow and reinforce our position as a trusted local brand in an evolving market.”

The extension adds to a string of recent deals for Kambi. For example, back in July, the company expanded its relationship with 4 Bears Casino & Lodge in North Dakota, adding player account management technology to support reservation-wide mobile betting.

Meanwhile, in Nevada, it signed a 10-year agreement with Station Casinos covering sportsbook and account management services.

Finally, in Canada, Atlantic Lottery Corporation and British Columbia Lottery Corporation selected Kambi’s Turnkey Sportsbook for a framework spanning seven provinces.

Good to know

When the original partnership was announced, Olimpo.bet identified Peru as its initial Latin American market

Reaction Board

Set Global Gaming Insider to be your preferred search result

News Analysis

View All
A slap in the face - Industry reacts

“A slap in the face” – Gambling industry reacts to Brazil ban

From regulatory experts to CEOs, the sector’s verdict is in: President Lula's ban on online gambling and sports betting will create a litany of problems for the country.

4 min read • • By Patrick Fasolis
brazil sports

Brazil betting ban: Why the industry must learn lessons on a global scale

While many in our industry described an online gambling ban as an impossibility in Brazil, public fervor and national media coverage suggested it was likely all along. The sector must now acknowledge it has played this one all wrong.

7 min read • • By Tim Poole
slotegrator-analysis

Beyond the turnkey model: Slotegrator on the future of online casino

Global Gambling Insider speaks with Slotegrator CPO Alexandra Mouton to find out more about modern platform software and how operators can truly differentiate themselves in an increasingly competitive marketplace.

5 min read • • By Will Underwood

In The News

View All
Argentina
[STANDARD IMPORTANCE]

Argentinian bingo ordered to honor disputed slot machine win

A Bahía Blanca civil court ruled that the operator must bear the risk of technical faults and added damages for banning the player from the venue after he claimed the prize.

· Financial + 2