Kambi is bringing its sports betting technology to Nevada for the first time through a deal with Red Rock Resorts announced Wednesday.
The 10-year agreement is expected to increase Kambi’s annual revenue by a mid-single-digit million-euro amount beginning next year. Designed specifically for Nevada, Kambi’s product includes its sportsbook, racebook and player account management platforms.
Better known in Nevada as Station Casinos than by the corporate name of its publicly traded parent, Red Rock operates more than 20 properties across the Las Vegas Valley. Its customer database is heavily concentrated among locals, with more than 95% of players living within five miles of a Station property.
Kambi will also power the STN Sports mobile betting app, creating a single wallet connecting retail and online betting.
Kambi hits the Strip
The agreement extends beyond Station Casino properties and gives Kambi exposure to the Las Vegas Strip.
Kambi will assume Station’s third-party management agreements, which includes the sportsbook at Treasure Island and the retail and mobile sportsbooks for Fontainebleau.
Other third-party deals Kambi will assume include managing the sportsbook at the El Cortez in Downtown Las Vegas and the CasaBlance Resort and Virgin River Hotel & Casino in Mesquite.
What they said about the deal
Kambi CEO Werner Becher said the company is “delighted” to partner with Station in its first Nevada deal since receiving its license in January 2025.
“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,” Becher added. “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.”
Partnering with Kambi gives Station’s players a “reliable, engaging, and seamless experience that meets the evolving needs of our players,” VP of Race and Sports Jason McCormick said.
