{"id":3334,"date":"2025-02-24T14:00:00","date_gmt":"2025-02-24T13:00:00","guid":{"rendered":"https:\/\/staging.kambi.com\/investors\/news-pr\/kambi-selected-by-fdj-group-to-take-over-the-role-as-olgs-multi-channel-sportsbook-partner-pending-the-satisfaction-and-completion-of-conditions\/"},"modified":"2026-09-01T15:20:29","modified_gmt":"2026-09-01T14:20:29","slug":"kambi-selected-by-fdj-group-to-take-over-the-role-as-olgs-multi-channel-sportsbook-partner-pending-the-satisfaction-and-completion-of-conditions","status":"publish","type":"press_release","link":"https:\/\/www.kambi.com\/es\/investors\/news-pr\/kambi-selected-by-fdj-group-to-take-over-the-role-as-olgs-multi-channel-sportsbook-partner-pending-the-satisfaction-and-completion-of-conditions\/","title":{"rendered":"Kambi selected by FDJ Group to take over the role as OLG\u2019s multi-channel sportsbook partner, pending the satisfaction and completion of conditions"},"content":{"rendered":"<div class=\"mfn-preamble\">\n<p><strong>Kambi Group plc (\u201cKambi\u201d), the home of premium sports betting solutions, has signed a novation agreement providing for FDJ Group (\u201cFDJ\u201d) to assign and Kambi to assume FDJ\u2019s contract with Ontario Lottery and Gaming Corporation (\u201cOLG\u201d), enabling Kambi to replace FDJ as OLG\u2019s long-term sports betting partner, with OLG\u2019s consent pending certain conditions.<\/strong><\/p>\n<\/div>\n<div class=\"mfn-body\">\n<p>FDJ, in line with its strategic refocus on international activities on B2C operations in the lottery, sports betting and online gaming market, has identified Kambi as its preferred assignee under FDJ\u2019s contract with OLG. The three parties have since agreed to a contract novation process which, subject to conditions, is expected to lead to Kambi assuming the contractual responsibilities currently held by FDJ, which are due to run until 2032.<\/p>\n<p>To complete the assignment\/assumption of the contract, Kambi must make a material initial investment which, as a non-recurring item affecting comparability, will not form part of Kambi\u2019s full-year 2025 operating expenditure guidance.<\/p>\n<p>OLG is the Ontario government agency that conducts and manages gaming facilities and charitable gaming, the sale of province-wide lottery games, and online sports betting and gaming. OLG offers sports betting through its PROLINE brand online and at approximately 10,000 retailers, with 100% of proceeds reinvested into the province.<\/p>\n<p>OLG was the sole legal provider of online sports betting and gaming in Ontario until regulation of the market in April 2022, which paved the way for approximately 50 operators to enter the province. Kambi believes the combination of OLG\u2019s local market position, the PROLINE brand, and Kambi\u2019s high quality sportsbook will enable OLG to further develop its market position.<\/p>\n<p>The parties aim to have the novation agreement conditions satisfied as soon as possible, with Kambi\u2019s expectation that the multi-channel migration will be completed in H2 2025.<\/p>\n<p>Werner Becher, Kambi Group Chief Executive Officer, said: \u201cThe prospect of partnering with an organisation of the size and stature of OLG is an exciting one for Kambi and we are working diligently to complete the novation process with FDJ and launch later this year. Ontario has a competitive online market, but I believe a combination of OLG and Kambi will see PROLINE rightly compete with market leaders while continuing to raise the bar of its retail product.\u201d<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-contacts mfn-3bd1a7eea613\">\n<p><strong class=\"mfn-heading-1\">For further information, please contact:<\/strong><\/p>\n<hr\/>\n<p>Mattias Frithiof<br \/>SVP Investor Relations &amp; Sustainability<br \/><a href=\"mailto:Mattias.Frithiof@kambi.com\" rel=\"noopener\" target=\"_blank\">Mattias.Frithiof@kambi.com<\/a><br \/>Mobile: +46 73-599 45 77<\/p>\n<p>Chris Stutzman<br \/>Investor Relations Analyst<br \/><a href=\"mailto:Chris.Stutzman@kambi.com\" rel=\"noopener\" target=\"_blank\">Chris.Stutzman@kambi.com<\/a><br \/>Office: +1 302 603 5137<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-about mfn-69f15e07a220\">\n<p><strong class=\"mfn-heading-1\">About Kambi<\/strong><\/p>\n<hr\/>\n<p>Kambi Group is the home of premium sports betting services for licensed B2C gaming operators. Kambi\u2019s portfolio of market-leading products include Turnkey Sportsbook, Odds Feed+, Managed Trading, Bet Builder, Esports, Front End and Sportsbook Platform. Kambi Group also operates esports data and odds supplier Abios, front end technology experts Shape Games and cutting-edge AI trading division Tzeract. Kambi Group\u2019s partners include ATG, Bally\u2019s Corporation, Corredor Empresarial, Kindred Group, LeoVegas, LiveScore, Rush Street Interactive and Svenska Spel. Kambi Group employs more than 1,000 staff across offices in Malta (headquarters), Australia, Denmark, Philippines, Romania, Sweden, the UK and the United States.<\/p>\n<p>Kambi utilises a best of breed security approach and is ISO 27001 and eCOGRA certified. Kambi Group plc is listed on Nasdaq First North Growth Market under the symbol &#34;KAMBI&#34;.<\/p>\n<p>The Company&#39;s Certified Advisor is Redeye AB.<\/p>\n<\/div>\n<div class=\"mfn-footer mfn-attachment mfn-attachment-general\">\n<p><strong class=\"mfn-heading-1\">Attachments<\/strong><\/p>\n<hr\/>\n<p><a class=\"mfn-primary\" href=\"https:\/\/storage.mfn.se\/4eb11297-06e0-4304-a7f4-f2774fdc109a\/kambi-selected-by-fdj-group-to-take-over-the-role-as-olgs-multi-channel-sportsbook-partner-pending-the-satisfaction-and-completion-of-conditions.pdf\" rel=\"noopener\" target=\"_blank\">Kambi selected by FDJ Group to take over the role as OLG\u2019s multi-channel sportsbook partner, pending the satisfaction and completion of conditions<\/a><\/p>\n<\/div>\n","protected":false},"featured_media":2248,"template":"","meta":{"_acf_changed":false,"wpcf-remoteid":"50a7c94a-9d7c-4884-b46c-e65879edb850","wpcf-regulated":"0","wpcf-isfinancial":"0","wpcf-publishedyear":"2025","wpcf-published":"1740405600","banc-mfn-type":"ir","banc-mfn-lang":"en"},"press_release_type":[56,258,276,275],"class_list":["post-3334","press_release","type-press_release","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kambi selected by FDJ Group to take over the role as OLG\u2019s multi-channel sportsbook partner, pending the satisfaction and completion of conditions - www.kambi.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kambi.com\/es\/investors\/news-pr\/kambi-selected-by-fdj-group-to-take-over-the-role-as-olgs-multi-channel-sportsbook-partner-pending-the-satisfaction-and-completion-of-conditions\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kambi selected by FDJ Group to take over the role as OLG\u2019s multi-channel sportsbook partner, pending the satisfaction and completion of conditions - www.kambi.com\" \/>\n<meta property=\"og:description\" content=\"Kambi Group plc (\u201cKambi\u201d), the home of premium sports betting solutions, has signed a novation agreement providing for FDJ Group (\u201cFDJ\u201d) to assign and Kambi to assume FDJ\u2019s contract with Ontario Lottery and Gaming Corporation (\u201cOLG\u201d), enabling Kambi to replace FDJ as OLG\u2019s long-term sports betting partner, with OLG\u2019s consent pending certain conditions. 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