Stockholm-listed sportsbook technology provider Kambi Group has signed a multi-year agreement this week to become the online sports betting partner of The Bahamas’ biggest gaming operator, Island Luck.
Kambi Group plc has signed a multi-year agreement to become the online sports betting partner of Island Luck, one of the leading sportsbook providers to the gaming operator in the Bahamas.
Island Luck was established in 2009 and is licensed by the Gaming Board for The Bahamas. The gaming operator is the largest gaming company in the country, offering online sports betting, casino and lottery throughout the islands. The partnership will focus on Kambi’s expansion in the American region where the supplier has recently secured deals in Argentina and Peru, in addition to powering sports betting launches across multiple US states. The merger will leverage Kambi’s sports betting technology and services.
Kristian Nylén, CEO and co-founder of Kambi, said:
“We are delighted to have finalized this agreement with Island Luck, extending Kambi’s presence in the Americas and further strengthening our global network,” said Kristian Nylén, CEO and co-founder of Kambi.
“As a local market leader in The Bahamas, Island Luck is a perfect fit for Kambi and we look forward to working closely with their team to deliver an industry-leading sports betting experience to its players.”
Sebas Bastian, CEO of Island Luck, added: “Our sports product is a significant, strategic and important vertical for our group and after considerable research, it was evident that a strategic partnership with Kambi, a global leader in the sportsbook space, was the right decision for us.
“We are extremely happy to partner with Kambi to provide our customers with a superior sports betting experience and to provide us with cutting-edge risk management tools.”