{"id":3557,"date":"2019-09-19T06:30:00","date_gmt":"2019-09-19T05:30:00","guid":{"rendered":"https:\/\/staging.kambi.com\/investors\/news-pr\/kambi-group-plc-agrees-multi-channel-sportsbook-partnership-with-jack-entertainment\/"},"modified":"2019-09-19T06:30:00","modified_gmt":"2019-09-19T05:30:00","slug":"kambi-group-plc-agrees-multi-channel-sportsbook-partnership-with-jack-entertainment","status":"publish","type":"press_release","link":"https:\/\/www.kambi.com\/pt-br\/investors\/news-pr\/kambi-group-plc-agrees-multi-channel-sportsbook-partnership-with-jack-entertainment\/","title":{"rendered":"Kambi Group plc agrees multi-channel Sportsbook partnership with JACK Entertainment"},"content":{"rendered":"
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Malta, 19 September 2019<\/p>\n

Kambi Group plc agrees multi-channel Sportsbook partnership with JACK Entertainment<\/strong>
Ohio casino operator selects Kambi to power its online and on-property sportsbook<\/em><\/p>\n

Kambi Group plc, the leading global sports betting supplier, has signed an exclusive, multi-channel sportsbook partnership agreement with JACK Entertainment, an urban gaming company which owns and operates casino gaming and racing facilities in Ohio.<\/p>\n

The long-term agreement will see JACK Entertainment introduce Kambi\u2019s high-quality on-property sportsbook at JACK Cleveland Casino, a full-service casino in downtown Cleveland, and JACK Thistledown Racino, a thoroughbred racing and gaming facility in North Randell, Ohio, should enabling legislation and corresponding regulatory approvals come to pass, with an online launch to follow thereafter.<\/p>\n

Ohio is America\u2019s seventh most populous state and home to a large number of professional sports teams, including the NFL\u2019s Cleveland Browns and NBA\u2019s Cleveland Cavaliers. Meanwhile, JACK Entertainment is one of the Ohio\u2019s most recognizable gaming entertainment brands and will leverage the Kambi sportsbook to cement its local leadership position.<\/p>\n

In addition to Ohio, the contract includes provisions to extend the partnership into further US jurisdictions when commercially attractive opportunities arise.<\/p>\n

Kristian Nyl\u00e9n, Kambi\u2019s Chief Executive Officer, said: \u201cJACK Entertainment is clearly a major player in the Ohio market, and has been a primary target for us in the US as we build on our strategy to create unique and engaging sports betting experiences with visionary operators.<\/p>\n

\u201cThe management team at JACK Entertainment were quick to recognize the comprehensive omni-channel excellence offered by the Kambi sportsbook, and how effectively this will complement their ongoing delivery of top-quality gaming and entertainment.\u201d<\/p>\n

Under the terms of the deal, JACK Entertainment will gain access to Kambi\u2019s scalable technology and utilise Kambi\u2019s open APIs to build a unique front-end proposition. The operator also selected Kambi based on its record of delivery, excellence in sports trading, and the exciting nature of Kambi\u2019s fast, engaging wagering markets.<\/p>\n

Adam Suliman, Vice President of Sports and Digital Gaming at JACK Entertainment, said:
\u201cJACK Entertainment is thrilled to announce a long term strategic partnership with Kambi to support sports wagering in Ohio, should enabling legislation come to fruition. We feel strongly that Kambi\u2019s best in class platform, combined with JACK Entertainment\u2019s properties and brand, will allow us to deliver the very best sports betting products and experiences to our patrons in Ohio\u201d\u00a0<\/p>\n

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For further information, please contact:<\/p>\n

Mia Nordlander<\/p>\n

Head of Investor Relations<\/p>\n

Mia.Nordlander@kambi.com<\/p>\n

Mobile: +44 (0)7850 910 933<\/p>\n

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About Kambi<\/strong><\/p>\n

Kambi is a provider of premium sports betting services to licensed B2C gaming operators. Kambi Group plc is listed on Nasdaq First North Growth Market. Our services encompass a broad offering from front-end user interface through to odds compiling, customer intelligence and risk management, built on an in-house developed software platform. Kambi\u2019s 20-plus customers include 888 Holdings, ATG, DraftKings, Greenwood Gaming & Entertainment, Kindred Group, LeoVegas, Mohegan Gaming & Entertainment, Penn National Gaming and Rush Street Interactive. Kambi employs more than 750 staff across offices in Malta (headquarters), Australia, Philippines, Romania, Sweden, the United Kingdom and the United States.<\/p>\n

Kambi utilises a best of breed security approach, and is ISO 27001and eCOGRA certified. Kambi Group plc is listed on Nasdaq First North Growth Market under the symbol "KAMBI". The Company's Certified Advisor is Redeye AB.<\/p>\n

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About JACK Entertainment<\/strong><\/p>\n

JACK and its affiliates owns and operates gaming properties in Cleveland, Cincinnati, and Baltimore in addition to racing facilities in Ohio and Kentucky. The complete JACK portfolio includes over 4,000 team members, 40 bars and restaurants, 375,000 square feet of gaming space and generates more than $800 million in revenues.<\/p>\n

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The information in this report was sent for publication on 19 September 2019 at 8:30 CEST by CEO Kristian Nyl\u00e9n.<\/p>\n

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