Kambi Group has signed a long-term agreement with Brazilian daily fantasy sports operator Rei do Pitaco (RDP) to provide its Odds Feed+ product ahead of the launch of Brazil's regulated sports betting market in January 2025.
Under this new agreement, RDP will have access to Kambi's odds information through a single API integration.
This collaboration replaces a previous turnkey agreement between Kambi and RDP, which was initially set to expire in 2025. With the Odds Feed+ platform, RDP will be able to select specific sports events and activities to meet its strategic needs and enhance its sports betting services using the extensive betting odds provided by Kambi.
It's worth noting: Kambi's Odds Feed+ allows operators to customize their betting products, offering flexibility in the selection of sports and events. As the Brazilian market moves towards regulation in early 2025, Kambi's technology enables operators like RDP to effectively adapt to market demands.
Kambi CEO Werner Becher stated, "Kambi not only offers world-leading turnkey sports betting, but now also leverages this unique and advantageous position to provide a range of unparalleled customized services. Therefore, we are delighted to agree on a long-term partnership with Rei do Pitaco to launch our robust Odds Feed+ product."
RDP CEO Kiko Augusto added, "Rei do Pitaco is committed to providing our customers with memorable entertainment experiences, and by utilizing Kambi's new odds feed product, we can enhance our internal technology with high-quality odds from a world-leading sports betting provider."
Kambi has been steadily expanding its influence in Latin America, recently establishing a multi-year partnership with the KTO Group in September 2024. This agreement also focuses on Brazil, enabling KTO to replace its existing sports betting provider with Kambi's services.
