DraftKings' Kambi-powered sportsbook accepted its first online bet Wednesday following preliminary approval from the New Jersey Division of Gaming Enforcement (DGE).
The New Jersey launch marks the first time that the DGE has authorised online sports betting, having issued a Transactional Waiver to the Resorts Digital-Kambi-DraftKings partnership on July 23rd.
The waiver allows the partners to launch and operate iGaming and online sports betting in New Jersey for a period of six months while the licensing process is concluded.
Sports betting platform provider Kambi said that securing the first transactional waiver for online sports betting in New Jersey demonstrates the company's vast experience in regulated markets, transparent corporate structure and continual focus on matters concerning probity and integrity.
"This launch marks an exciting new chapter for Kambi, creating history by becoming the first sports betting supplier to process online wagers in the U.S. following the repeal of PASPA," said Kambi chief executive Kristian Nylén.
"In addition, to so quickly meet the New Jersey regulator's online standards and requirements is also pleasing, as the achievement enhances our position as the secure and quality choice for operators seeking a sportsbook partner."
The DraftKings offering is currently operating in 'soft play' mode with certain limitations, with the full offering set to be made available from Monday August 6th.
Shares in Kambi Group plc. (STO:KAMBI) were trading up 0.78 per cent at SEK181.80 per share in Stockholm early Friday morning.