QuinnBet Partners with Kambi for Platform Migration, Expansion

Automated news

UK and Irish bookmaker QuinnBet has signed a multi-year partnership with Kambi, a provider of sports betting services. This agreement aims to bolster QuinnBet’s betting platform and facilitate its expansion into new international markets.

What Happened

QuinnBet, an established online sportsbook and casino operator serving customers in the UK and Ireland, announced a multi-year sportsbook partnership deal with Kambi Sports, a platform provider, according to the Evening Standard. This collaboration is intended to support QuinnBet’s strategic objective of international expansion.

Under the terms of the agreement, QuinnBet will migrate to Kambi’s sportsbook platform. This migration will grant QuinnBet access to Kambi’s proprietary technology, odds, and sportsbook solutions, as reported by Kambi. Kambi will integrate its services with QuinnBet’s existing Pragmatic Solutions platform.

Key Details

  • QuinnBet is an independent UK bookmaker currently operating in the UK and Ireland, as stated by the Evening Standard.
  • The partnership with Kambi is a multi-year agreement, according to Kambi’s announcement.
  • Kambi is recognized for its accurate betting odds, supported by expert traders and AI-driven risk management capabilities, as detailed in the Evening Standard report.
  • Kambi Group CEO Werner Becher noted that QuinnBet has ambitious plans for expansion into new jurisdictions, according to Kambi’s press release.
  • QuinnBet CEO Brenda Quinn stated that the partnership seeks to leverage Kambi’s world-class technology, trading expertise, and flexibility to support QuinnBet’s growth objectives, as reported by Kambi.

Why It Matters

This partnership signifies QuinnBet’s intent to strengthen its position in existing regulated markets and pursue growth opportunities in new territories, subject to local licensing and regulations, as outlined by QuinnBet CEO Brenda Quinn. The migration to Kambi’s platform provides QuinnBet with access to advanced sports betting markets and risk management tools, which Kambi Group CEO Werner Becher described as essential for competing effectively in regulated markets.

Kambi, a provider of sports betting services to over 70 partners, gains another operator with a strong presence in the UK and Ireland, further expanding its network. This agreement underscores the ongoing trend of operators seeking specialized platform providers to enhance their offerings and facilitate market entry in the competitive global iGaming sector, according to Qasiknow.

What’s Next

QuinnBet intends to leverage Kambi’s sports betting markets through this new deal and aims to become a prominent sports betting entity across multiple territories, according to the Evening Standard. The expansion into different jurisdictions will be subject to obtaining necessary licensing and adhering to regulatory requirements, as stated in the Kambi press release.

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