Kambi Archives - Legal Sports Report

CT sports betting

CT Sports Betting Agreement Finally Includes Both Gaming Tribes

CT sports betting finally has an agreed-upon roadmap after Gov. Ned Lamont came to an agreement today with the Mashantucket Pequot. The operator of Foxwoods casino initially was left when Lamont and the Mohegan tribe announced they came to terms earlier this month. That upset Mashantucket Pequot chairman Rodney Butler, who said his tribe still […] Read More

Posted on: March 18, 2021 | | Matthew Waters

Kambi: Super Bowl Betting Outage Caused By A Single Market

It’s among a sportsbook’s worst nightmares: having its tech sputter and eventually fail during a gigantic betting event like the Super Bowl. Unfortunately for Barstool Sportsbook, BetRivers and DraftKings Sportsbook, that was exactly the case Sunday – and it was an outside vendor who took the blame. The issue was on platform and technology provider […] Read More

Posted on: February 10, 2021 | | Matthew Waters

US sportsbooks

Why US Sportsbooks Couldn’t Handle Super Bowl 55 Traffic

Customers reported outages at regulated books across the country during Super Bowl 55, including BetMGM in Nevada, FanDuel and DraftKings. Read More

Posted on: February 8, 2021 | | Brad Allen

Betsson

Betsson Ready To Go Head-to-Head With Kambi For US Sportsbook Deals

Betsson CEO Pontus Lindwall tells LSR how the company aims to build out its B2B profile in the burgeoning US sportsbook market. Read More

Posted on: August 14, 2020 | | Brad Allen

Kambi

Investors: Was Kambi Too Soft On DraftKings Migration Deal?

Kambi and DraftKings recently announced the terms of their termination agreement but some Kambi investors were not happy with the outcome. Read More

Posted on: August 11, 2020 | | Brad Allen

DraftKings trading

DraftKings Preps For SBTech Platform Move With New US Trading Head

Massachussetts-based DraftKings is looking to build out its trading capabilities ahead of the migration to its own platform in the second half of 2021. Read More

Posted on: August 3, 2020 | | Brad Allen

draftkings kambi split

DraftKings Sportsbook, Kambi To Split By Fall 2021; SBTech Will Be New Platform

DraftKings will officially move to its own platform (SBTech) and end its relationship with Kambi by the end of Q3 in 2021 at the latest. Read More

Posted on: July 23, 2020 | | Dustin Gouker

Illinois online sportsbooks

The First Illinois Online Sportsbook Goes Live With BetRivers Launch

Illinois sports betting gets its first online offering via Rivers Casino. Bettors will be able to sign up from anywhere thanks to Gov. Pritzker. Read More

Posted on: June 18, 2020 | | Brad Allen

DraftKings

Analysis: After DraftKings Goes Public, Which Sports Betting Company Could Be Next?

DraftKings and GAN have enjoyed thoroughly successful public offerings in recent weeks. Could their valuations encourage other firms to follow their lead? Read More

Posted on: May 11, 2020 | | Brad Allen

Kambi

The Reason US Sportsbooks Are Being Hit Hardest By Coronavirus

Sports betting supplier Kambi says its US partners have been hit approxiamtely twice as hard as its European network by the ongoing coronavirus pandemic Read More

Posted on: April 24, 2020 | | Brad Allen