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Kambi acquires stake in virtual sports start-up

28th February 2018 7:26 am GMT
Kambi

Stockholm-listed sports betting solutions provider Kambi has made a strategic investment in virtual sports provider Virtus Sports.

Kambi has paid £500,000 (€565,000) for a 25 per cent stake in the business, which was founded in 2014 and operates from the UK and Malta.

The acquisition will see Kambi integrate Virtus Sports' 3D football, horse racing, greyhound and motorsports games with its sportsbook platform, offering what it describes as a highly complementary offering to its core sports betting product.

"Despite being [...]

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