Kambi enters Ohio with Miami Valley Gaming retail sportsbook deal

11th January 2023 2:53 pm GMT

Stockholm-listed sportsbook supplier Kambi Group has signed a deal to power a new retail sportsbook in Ohio for Miami Valley Gaming and Racing, a joint venture between Churchill Downs Incorporated and Delaware North.

The multi-year agreement will see the racino utilise Kambi's technology and services to launch a new retail sportsbook, including betting kiosks and the supplier’s Bet Builder technology.

“We are pleased to sign this exciting partnership with Miami Valley Gaming and to further strengthen Kambi's footprint in the US on-property space,” said Kambi CEO and co-founder Kristian Nylén. “As one of the most populous states in the US, Ohio presents a significant opportunity for those operators committed to delivering high-quality sports betting experiences and we are thrilled to bring our world-class sports betting technology to Miami Valley Gaming.”

Miami Valley Gaming president and general manager Craig Robinson said: “We have been working tirelessly to create a sports wagering offering that is convenient and easy to use; we are excited to soon launch our new sportsbook in the market by leveraging Kambi's award-winning technology.

“We look forward to adding another great amenity to our property, offering Miami Valley Gaming’s loyal customers a state-of-the-art sports betting experience.”

Miami Valley Gaming launched its online sports betting platform, MVGBet.com, following the opening of Ohio’s regulated sports betting market on 1 January. It is operated by Gamewise, a joint venture between Delaware North and Gaming1.

Shares in Kambi Group plc (STO:KAMBI) were trading 2.79 per cent higher at SEK175.00 per share in Stockholm earlier Wednesday.

Related Videos
Indigo Magic