Clicky

Kambi Group Extends Footprint in the US with Pa. Sportsbook - PennsylvaniaPoker.com News : PennsylvaniaPoker.com News
Kambi-Group
Published on
Update on
Author

As it waits for the approval of its operating license, the Stockholm-listed Kambi Group is already making tremendous strides towards extending its footprint in the United States. Its most recent venture is a multi-year partnership agreement with Greenwood Gaming and Entertainment which owns and operates Parx Casino in Pennsylvania, a move that did not come as much of a surprise as both parties have been through months of talks and negotiations. Kambi believes that it was always bound to win the contract thanks to its “unblemished record of regulatory compliance and corporate probity.”

Pennsylvania’s gambling industry has seen a vast number of changes and development over the past year especially in regards to online or mobile betting and sports betting. Both of these aspects of the gambling industry are well on the way – in fact, sports betting already went live at the Penn Natioanal Gaming Inc.-owned Hollywood Casino at the Penn National Race Course. Operators in the state that are interested in offering either sports betting or online betting or both are already preparing by inking a number of lucrative partnership deals and Parx Casino is just one of them.

The multi-year agreement between Parx Casino and the Kambi Group will see the latter deploy its retail sports betting technology and services at the former’s gaming floors in Pennsylvania as well as in the neighboring state of New Jersey where Greenwood Gaming has had its sights set on for quite a while.

Kambi has always had plans to offer its services in the state of Pennsylvania and this can be seen in how proactive it has been when it comes to pursuing the venture – it has already partnered with three casinos and is only waiting to have its licenses approved and it will be good to go.

What Should Pennsylvanians Expect?

As of now, the Kambi Group is working round the clock to get their mobile betting operations off the ground so that it will complement their over-the-counter betting services which will be conducted through sports betting kiosks. Kiosks have always been an integral part of Kambi’s business model simply because the company’s customers have been impressed by the instant access to wagering options that they offer as opposed to sports betting windows which often have long queues.

Surprisingly, despite the anticipated success of their sports betting kiosks in the Commonwealth as well as other states, the Kambi Group has not dealt with them for a very long time. Still, the company has managed to amass a massive amount of experience within the period within which it has operated in the United States and this is sufficient enough to fuel its next ventures. Kambi has quite the footing in the US through a partnership with SugarHouse Casino where its operated the PlaySugarHouse betting app.

Latest Headlines

Pennsylvania’s Gaming Revenue Down in FY 2019/20, Online Helps

Pennsylvania has taken a tumble in terms of gambling results in the 2019/20 fiscal year, buoyed up by online gaming as much as possible. The Fiscal Over Finishes on a Low Point for Pennsylvania Pennsylvania is reaping big benefits from its decision to issue iGaming licenses in 2019, yet adoption hasn’t been quick enough. While […]

Pennsylvania and PokerStars PA Post $3.2M Revenue in June

Despite a back-to-back decline in online poker revenue, June has remained much stronger than the first three months of 2020. Pennsylvania Holds Good Poker Results in April Some have predicted a dip in revenue and results, but online poker in Pennsylvania is still doing very well with June’s revenue reaching $3.2 million. In May, though, […]

Mount Airy Stays Afloat Buoyed up by Poker

Mount Airy Casino Resort registers the smallest revenue decline year-over-year The casino is bolstered by Internet poker and gaming operations Sports betting in Pennsylvania begins to climb up and recover in June Out of all 12 state casinos, Mount Airy has proven the most resilient thanks to its partnership with PokerStars and online poker and […]

Partypoker May Soon Join PokerStars PA in Pennsylvania

Partypoker PA is closer to arriving in Pennsylvania, breaking up PokerStars’ monopoly, and opening an alternative cardroom for players from the Keystone State. As one of the leading platforms in the world, partypoker is well-positioned to make a splash, especially under the leadership of GVC Holdings, one of the largest gambling firms in the industry, […]

Players Will Need to Travel to Play in WSOP Online, Negreanu Says

The World Series of Poker (WSOP) Online will host 54 WSOP bracelet events on the GGPoker platform Daniel Negreanu, GGPoker Ambassador, outlines certain changes to the schedule and advises players on how to participate if they play from restricted jurisdictions Micro-stake players will get a chance to qualify for some of the big WSOP events […]

Similar PA Casinos Post

Parx Casino Inks Multi-Year Deal with Philadelphia 76ers

The gaming industry in the United States continues to grow at a very fast pace and so do the partnerships between various stakeholders. For instance, a number of sports teams and leagues are signing deals with gambling-related entities as part of their efforts to build their brands and bring in revenue. The latest partnership deal […]

Kindred Debuts Unibet-Branded Sportsbook in Pennsylvania

Last Friday, Nordic online gambling operator Kindred Group followed up its New Jersey debut by launching its second sportsbook in the Keystone State. The company’s Unibet branded sportsbook officially went live in Pennsylvania through a multi-year partnership with Mohegan Sun Pocono which is owned and operated by Mohegan Gaming & Entertainment, Mohegan Tribe’s casino resort […]

Hollywood Casino to Puff Up Its App Store Offerings

Hollywood Casino has been one of the Keystone State’s casinos that have been at the helm of the statewide gambling expansion that kicked off on October 2017. The casino was the first in the state to offer sports betting and it was also the first one to have its online betting site available to bettors […]

FanDuel Boosts Pa. Sports Betting Revenue in August

In August 2019, sports bettor in Pennsylvania placed a whopping $109 million in sports bets, an 84 percent increase from the amount that was wagered in July. According to the revenue report that was released by the Pennsylvania Gaming Control Board (PGCB) the online gambling sector was the biggest contributor to the revenue. In total, […]