Kambi Group has announced a turnkey sportsbook deal to power Easygo’s Stake brand in select markets, beginning with Brazil.
Kambi will support the cryptocurrency-focused online operator in a number of regulated sports betting markets, with the launch in Brazil last week marking the first collaboration between the pair.
“Kambi has a proud history of driving growth for operators in regulated markets around the world and we look forward to doing similar for Stake,” said Kambi CEO Werner Becher. “Kambi’s advanced and compliant technology enables operators to offer a leading sportsbook product, even within highly complex frameworks, so I’m excited to see what Kambi and Stake can achieve together in Brazil and other regulated markets.”
Brais Pena, chief strategy officer at Easygo, commented: “Launching in the newly regulated market of Brazil is a major milestone for us and we are excited to have partnered with Kambi to leverage their Sportsbook solution to support our global regulated market expansion.
“Our experience in the region, paired with Kambi’s cutting-edge technology, will allow us to elevate our offering and provide our customers with exciting experiences in Brazil and beyond.”
Alongside Kambi’s sportsbook solution, Stake is using TG Lab’s PAM and front-end platform in Brazil, marking their third market launch together after Colombia and Peru last year.
TG Lab CEO Ugnius Simelionis said: “Stake is a true powerhouse of the gambling industry, having become a household name around the world. Our track record of success with them across LatAm is the reason why they have chosen us to take the brand live in Brazil.
“TG LAB has ambitious plans to make big moves across Latin America – and Brazil presents the perfect opportunity for us to showcase how we offer the best localised B2B product on the market.”
Shares in Kambi Group Plc. (STO:KAMBI) were trading 0.17 per cent lower at SEK116.30 per share in Stockholm Thursday morning.