Kambi to provide U.S. gambling group with sportsbook
News on 17 May 2018
News on 17 May 2018
Kambi Group plc has unveiled a multi-year deal to provide online US betting company Rush Street Interactive with sportsbook technology and services.
Following this week’s U.S. Supreme Court decision to repeal the country’s federal sports betting ban in full, Rush Street plans to launch a Kambi-powered Sportsbook within select states where permitted, the company advised in a press statement Thursday.
Chicago-based Rush Street Interactive is affiliated with Rush Street Gaming, which owns and operates four bricks and mortar casinos in three of the country’s largest states – New York, Pennsylvania and Illinois.
Rush Street Interactive also operates the rapidly growing PlaySugarhouse.com online casino site in New Jersey’s regulated gaming market.
In two of the four states where Rush Street operates, local lawmakers have already enacted sports betting legislation, and the other two are in the process of developing a legal framework for regulated sports betting now that the prohibition is lifted.
The agreement will see the Kambi Sportsbook integrated into Rush Street Interactive’s proprietary platform, and covers the provision of online and retail services, as well as markets outside of the U.S., if Rush Street Interactive is to expand its business internationally.
“Kambi has long kept a close eye on the U.S. market, carefully building a business and technology to suit the likely state-by-state regulation of sports betting, as well as meet the requirements stakeholders have for a safe and secure sportsbook,” Kristian Nylen, Kambi Chief Executive, said.
“This agreement with Rush Street Interactive, one of the most respected and innovative gaming companies in the U.S., is recognition that Kambi not only has online premium sports betting services ready to appeal to American sports enthusiasts, but those which will help protect the integrity of sports.”
Richard Schwartz, President of Rush Street Interactive, added that his company looks forward to launching a high-quality Sportsbook in the U.S., as well as other regulated markets internationally.
