Kambi Archives - Legal Sports Report

Ontario Sports Betting To See Mohegan Online Sportsbook

Mohegan Gaming & Entertainment plans to join the available online Ontario sports betting options. Mohegan Gaming and Kambi Group announced a deal Tuesday for a mobile Ontario sports betting platform. Kambi will power Mohegan Gaming’s PlayFallsview brand in Ontario, according to a release. “Once launched, this will mark MGE’s first online mobile gaming product outside of the United […] Read More

Posted on: May 5, 2022 | | Pat Evans

Kambi Secures Ontario Sports Betting Supplier License

A key sportsbook supplier is ready for the commercial Ontario sports betting launch. Kambi announced Monday the company received its supplier license from the Alcohol and Gaming Commission of Ontario. With the AGCO approval, the sportsbook technology supplier will be ready to support its partners ahead of the April 4 commercial Ontario sportsbook launch. “I am delighted that […] Read More

Posted on: March 21, 2022 | | Pat Evans

Analysis: Could Fanatics Use New $1.5 Billion Raise In Sports Betting?

Fanatics chairman Mike Rubin said US sports betting companies were losing too much money to be good acquisition targets. Read More

Posted on: March 4, 2022 | | Brad Allen

Super Bowl LVI Betting Trends Reveal Changing US Market

GeoComply tracked more than 80 million geolocation transactions across legal US sports betting states over Super Bowl betting weekend. Read More

Posted on: February 16, 2022 | | Brad Allen

Is Kambi An Acquisition Target With ‘Poison Pill’ Issue Resolved?

Kambi may be an attractive acquisition target for US sportsbooks and suppliers now it has resolved a long-standing 'poison pill' issue. Read More

Posted on: February 9, 2022 | | Brad Allen

The Week In Sports Betting News: Earnings Season Gets Rolling

Happy Monday, everyone. There will be no shortage of sports betting news over the next few weeks thanks to Super Bowl LVI. There is plenty happening outside of Super Bowl betting, though. The LSR Podcast covered many of those topics in its latest episode, including how Florida sports betting failed to make the ballot in […] Read More

Posted on: February 7, 2022 | | Matthew Waters

Analysis: Are Sportsbook Suppliers Being Squeezed Out Of US Sports Betting?

US sportsbooks are increasingly bringing their technology in-house, but is there a potential change in the trend for sportsbook suppliers? Read More

Posted on: November 1, 2021 | | Brad Allen

Kambi Warns On Dangers Of Penn Building Own Tech

Penn National aim to move its sportsbook product off Kambi technology in the next couple of years, but there may be bumps in the road. Read More

Posted on: October 28, 2021 | | Brad Allen

Analysis: Can Fanatics Become A Top-Five Sportsbook Operator?

Fanatics has assembled a well-regarded exec team for its push into sports betting, but is a large customer database enough to secure success? Read More

Posted on: October 27, 2021 | | Brad Allen

Who Bid Top Tax Rate For A Mobile NY Sports Betting License?

At least one bid came out swinging for a mobile NY sports betting license by offering unprecedented cash for market access. The final tax rates to be paid by online New York sportsbooks were obtained by Tom Precious of the Buffalo News Tuesday. The highest bid offered 64% of gross gaming revenue for up to five […] Read More

Posted on: October 20, 2021 | | Matthew Waters