Kambi Group has struck a deal to provide its sportsbook to the LiveScore Group, with the planned rollout set to commence in Q1 2024.<\/p>\n
Kambi Group has signed a long-term agreement to provide its sportsbook to the LiveScore Grou<\/strong>p,\u00a0with the planned rollout set to commence in\u00a0<\/strong>Q1 2024.<\/strong><\/p>\n LiveScore had been previously relying on SBTech for its sportsbook platform.\u00a0This agreement predated DraftKings\u2019 acquisition of SBTech in 2020.<\/p>\n Kambi\u00a0expects the partnership to \u201ccontribute material revenue\u201d\u00a0from H2 2024 onwards\u00a0as its products are distributed across LiveScore Group\u2019s business.<\/p>\n As part of the deal,\u00a0Kambi will deliver its sports betting platform, managed platform, AI-powered trading products and Bet Builder\u00a0to LiveScore\u2019s betting brands\u00a0LiveScore Bet and Virgin Bet.<\/p>\n Kambi CEO and co-founder\u00a0Kristian Nyl\u00e9n\u00a0commented:\u00a0\u201cWith well-established sportsbook brands in several markets, an immensely popular media platform that acts as an effective acquisition channel, and an experienced leadership team, LiveScore Group has all the ingredients Kambi looks for in an operator.<\/p>\n \u201cIn partnering with Kambi and integrating our sportsbook, LiveScore Group will have the quality and trusted sportsbook it requires to fulfil its ambitious growth plans and we\u2019re delighted to be supporting them on that journey.\u201d<\/p>\n Formed in 2019 following a spin-off from Gamesys Group, the LiveScore Group is the operator of sports media brand LiveScore,\u00a0a\u00a0real-time sports data provider and streaming service, with more than 50 million daily users across 200-plus territories.\u00a0<\/p>\n The group\u2019s sportsbook brands are currently active in several markets across the globe, including a strong presence in the UK, and the deal currently spans the group\u2019s subsidiaries in Gibraltar, Malta and Nigeria.\u00a0<\/p>\n \u00a0\u201cWe are thrilled to join forces with Kambi, the premier independent sportsbook provider, as we look to accelerate our growth in the global sports betting market,\u201d said LiveScore Group CEO\u00a0Sam Sadi.\u00a0<\/p>\n \u201cBy combining the strengths of Kambi\u2019s technology with LiveScore Group\u2019s world-class sports betting brands, media assets and in-house product teams, I believe we are ideally equipped to create truly memorable experiences for our users,\u201d\u00a0he added.\u00a0\u00a0<\/p>\n Last year,\u00a0LiveScore Group\u2019s ambitions received a significant boost with a\u00a0\u00a350m\u00a0strategic investment\u00a0from Swiss media and technology giant Ringier AG.<\/p>\n This cash infusion\u00a0was seen as\u00a0pivotal to LiveScore Group\u2019s mission to accelerate its growth.<\/p>\n The group\u00a0said it\u00a0has plans to expand the LiveScore Bet brand further in partnership with Kambi.<\/p>\n Kambi\u2019s shares saw a 3% boost in trading after the\u00a0partnership\u00a0announcement.<\/p>\n [stock_market_widget type=\u201dinline\u201d template=\u201dgeneric\u201d assets=\u201dKAMBI.ST\u201d markup=\u201d{name} ({symbol}) is trading at {price} ({change_pct})\u201d api=\u201dyf\u201d]<\/p>\n <\/span> Kambi Group has struck a deal to provide its sportsbook to the LiveScore Group, with the planned rollout set to commence in Q1 2024. Kambi Group has signed a long-term agreement to provide its sportsbook to the LiveScore Group,\u00a0with the planned rollout set to commence in\u00a0Q1 2024. LiveScore had been previously relying on SBTech for […]<\/p>\n","protected":false},"author":1,"featured_media":467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,2],"tags":[122,123,124,125,126,127],"class_list":["post-466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-questbeam","tag-kambi-group","tag-livescore-bet","tag-livescore-group","tag-sam-sadi","tag-sbtech","tag-virgin-bet"],"_links":{"self":[{"href":"https:\/\/questbeam.site\/index.php?rest_route=\/wp\/v2\/posts\/466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/questbeam.site\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/questbeam.site\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/questbeam.site\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/questbeam.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=466"}],"version-history":[{"count":0,"href":"https:\/\/questbeam.site\/index.php?rest_route=\/wp\/v2\/posts\/466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/questbeam.site\/index.php?rest_route=\/wp\/v2\/media\/467"}],"wp:attachment":[{"href":"https:\/\/questbeam.site\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/questbeam.site\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/questbeam.site\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The LiveScore Group<\/h2>\n
Boosted by\u00a0major\u00a0investment<\/h2>\n
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