This new partnership aims to strengthen Kambi's position in the Latin American market.
Press release.- Kambi Group has signed a multi-year agreement to boost the online sports betting of KTO Group, one of the leading online betting and gaming operators in Brazil.
Under the terms of the agreement, KTO will replace its current sports betting provider with Kambi's turnkey sports betting system.
"Kambi's scalable and stable sports betting technology has proven effective across operators throughout Latin America and has a strong track record of leading products for partners in highly regulated markets," the company stated.
Kambi's end-to-end sports betting solution also includes its AI-driven trading capabilities, comprehensive coverage of odds for the most popular sports in Latin America, and its Bet Builder system with live functionality and cash-out.
Since its launch in 2019, KTO has quickly established itself as a leading betting and gaming brand in Brazil through a combination of strategic marketing, partnerships with influencers, brand ambassadors, and local sponsorships.
The operator is led by an experienced team of industry personnel with deep knowledge of the local betting market, enabling KTO to build a growing customer database and establish a strong market position.
With Brazil set to launch a regulated sports betting market in early 2025, the agreement reinforces Kambi's position as a leading B2B sports betting partner in Latin America, building on its success in the region's regulated markets such as Argentina, Colombia, Mexico, and Peru.
Werner Becher, CEO of Kambi, said: "We are thrilled to announce this exciting partnership with KTO, one of the leading sports betting operators in Brazil. Both companies share a deep passion for delivering exceptional sports betting experiences and this collaboration will enable KTO to take its sports betting offering to the next level."
"Leveraging Kambi's advanced technology and expertise, KTO is well-positioned to expand its presence in Brazil as it prepares to launch what will become one of the world's largest regulated sports betting markets."
