A Kambi Group, one of the leading providers of sports betting in the world, has signed a multi-year agreement to operate the online sportsbook of KTO Group, one of the largest online betting and gaming operators in Brazil. According to the terms of the contract, KTO will replace its current third-party sportsbook provider with Kambi's complete and flexible sports betting solution.
With a proven track record of success among operators across Latin America, Kambi's scalable and stable sportsbook technology has a strong history of delivering a leading product to partners in highly regulated markets.
Kambi's complete sportsbook solution also includes its innovative AI-based trading capabilities, comprehensive coverage of odds for the most popular sports in Latin America, and the award-winning Bet Builder, with live betting and cash-out functionality.
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 a team of experienced industry professionals, with deep knowledge of the local betting market, allowing KTO to build a growing customer base and establish a strong market presence.
With Brazil set to launch the regulated sports betting market in early 2025, the agreement strengthens Kambi's position as the leading B2B sportsbook partner in Latin America, based on its success in regulated markets in the region, 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 great passion for offering exceptional sports betting experiences, and this collaboration will allow KTO to take its sportsbook offering to a new level”.
“Leveraging Kambi's advanced technology and expertise, KTO is well positioned to expand its presence in Brazil, as it prepares to launch one of the largest regulated sports betting markets in the world”.
Andreas Bardun, founder and CEO of KTO, commented: “Partnering with Kambi is a significant milestone for KTO. Kambi's cutting-edge technology, combined with its understanding of the sports betting industry, will allow us to elevate our product offerings and provide our customers with a world-class experience”.
“We are excited to leverage the product and expertise of Kambi as we look to expand our brand in the Brazilian market”.
Source: GMB
