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Kambi Signs Deal to Unify Allwyn's Sports Betting Brands

MT Newswires·11/10/2026 08:09:39
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08:09 AM EST, 11/10/2026 (MT Newswires) -- Kambi Group (KAMBI.ST) signed agreements with lottery and gaming operator Allwyn AG to combine the latter's sports betting brands into a single platform. The Malta-based sports betting technology and services company will grant Allwyn a perpetual global license to its sportsbook source code and deliver long-term trading, pricing, and risk management services, according to a Tuesday release. The agreements are expected to add 45 million euros to 50 million euros to Kambi's operating profit between 2027 and 2031, with an upfront payment due in early 2027 and further milestone payments tied to deliveries.