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Kambi agrees commercial partnership with White Hat Gaming

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Kambi agrees commercial partnership with White Hat GamingReading Time: 2 minutes

Partnership will enable Kambi and White Hat Gaming to offer full turnkey service to prospective and current customers.

Kambi Group plc has formed a commercial partnership with White Hat Gaming, a leading B2B supplier of its state-of-the-art full-service platform in regulated markets.

The alignment enables Kambi and White Hat Gaming to provide a full omni-channel turnkey service, with Kambi’s high-quality Sportsbook and managed services complementing White Hat Gaming’s modular platform and market-leading casino and games content.

Following the integration of the Kambi Sportsbook into White Hat Gaming’s proprietary platform, White Hat Gaming’s growing roster of customers will also have the ability, where appropriate and strategically viable on a case-by-case basis, to add the Kambi Sportsbook to their portfolio of products.

Founded in 2012, Malta-headquartered White Hat Gaming employs more than 230 people across five locations, including London and Chicago, and is led by a team of experienced gaming executives.

The partnership marks yet another high-grade platform integration for Kambi, further empowering operators to couple Kambi’s leading Sportsbook product with a platform and gaming partner that best suits their needs. The deal will have no impact on Kambi’s 2018 revenues, although the partnership has the potential to provide a more meaningful contribution in future years.

Kristian Nylén, Kambi Chief Executive Officer, said: “The performance of the Kambi Sportsbook is enhanced even further when paired with the modern and sophisticated platform partners the industry has to offer.

“In teaming-up with White Hat Gaming, not only have we added another quality platform and gaming option, we have partnered with a company that shares our unwavering commitment to regulatory compliance and corporate probity.”

Marc Weinberg, Chief Marketing Officer at White Hat Gaming, said: “Prospective clients are drawn to White Hat Gaming because they recognise that we are a best-in-class full-service platform, focused on regulated markets with a core business built around combining commercial optimisation with rigorous regulatory compliance.

“By partnering with Kambi, a Sportsbook provider with an unrivalled pedigree and a renowned reputation for their commitment to excellence, we are able to continue to expand our offering and to do so alongside a company clearly aligned with our values and vision for the future.”

About Kambi:

Kambi is a provider of premium sports betting services to licensed B2C gaming operators.  Kambi Group plc is listed on First North at Nasdaq Stockholm. Our services encompass a broad offering from frontend user interface through to odds compiling, customer intelligence and risk management, built on an in-house developed software platform. Kambi’s 22 customers include DraftKings, Rush Street Gaming, ATG, Kindred Group, 888, LeoVegas, and Napoleon Games. Kambi employs more than 600 staff across offices in Malta (headquarters), Bucharest, London, Manila, Stockholm and Sydney.

Kambi utilises a best of breed security approach. Kambi is a member of WLA, EL, Cibelae and is eCOGRA and ISO 27001 certified.  Kambi Group plc is listed on First North at Nasdaq Stockholm under the symbol “KAMBI”. The Company’s Certified Advisor is Redeye AB.

About White Hat Gaming:

White Hat Gaming provides market-leading casino and game content combined with a fully centralised back-office via a state-of-the-art platform. We provide both a direct hosting platform for existing operators as well as a full white-label offering of casino brands. All of our services are provided on a modular basis, providing our customers with a cost-effective entry to the sector with the option of a fully-flexible tailored product.


Source: European Gaming Media

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Mobile Betting Bill Fails to Progress Through New York Assembly

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Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

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Eldorado Resorts to Buy Caesars Entertainment Corp

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Eldorado Resorts to Buy Caesars Entertainment CorpReading Time: 1 minute

 

Eldorado Resorts Inc., the US based casino operator, has agreed to merge with Caesars Entertainment Corp through a $17.3 billion cash and stock deal.

The deal, which is expected to be announced soon, values Caesars at close to $13 a share. The combined company’s ownership would be split roughly between Eldorado and Caesars shareholders.

An Eldorado spokesman said the company did not comment on rumours or speculation. Caesars did not immediately respond to requests for comment.

The combination of the two companies would create a serious competitor to larger casino industry players, such as Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Eldorado Resorts to Buy Caesars Entertainment Corp

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Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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Nagasaki Governor Reaffirms His Support for Sasebo IR BidReading Time: 1 minute

 

Nagasaki Governor Hodo Nakamura has reaffirmed his support for the Sasebo IR bid and urged the national government not to delay too much in issuing its IR regulations and establishing the national regulatory framework.

While Sasebo’s bid is not linked to a specific timeline, the local government does wish to move forward quickly, especially now that other competing bids could emerge from the Kyushu region.

In related news, Nagasaki IR Business Connect Seminar is going to be held with the participation of international operators and investment groups.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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