Clicky

Kambi Partners with Greenwood Gaming for Pa. Sports Betting - PennsylvaniaCasinos.com News : PennsylvaniaCasinos.com News
  • 163 views
  • 3 minutes read
kambi
Published on
Update on
Author

After months of hinting at a possible partnership, Kambi Group and Parx Casino owner, Greenwood Gaming and Entertainment have finally unveiled a multi-year partnership agreement for sports betting in the Commonwealth. This is perhaps one of the more lucrative partnerships that have been crafted in the state as it prepares to launch its long-awaited sports betting and online casino industry.

As per the terms of the partnership agreement, Kambi will be providing its sports betting platform, a range of managed services as well as its renowned land-based wagering expertise to Parx Casino. These will be later complemented by the launch of a Parx Casino-branded online sportsbook. Parx Casino has plans to officially launch its land-based sportsbook before the end of the year, and this will be followed by the launch of its online offering which will be in partnership with GAN and Kambi – the former will be providing player account management services while the latter will be responsible for all things gaming.

Kambi, which is a European business-facing casino operator has had its sights set on the expanding U.S. gaming market for quite some time now and the partnership with Greenwood Gaming and Entertainment that will extend to New Jersey is a great way for them to make an entrance into that market.

“Greenwood Gaming represents yet another exciting partnership for Kambi, as we continue to establish ourselves as the premier choice for operators looking to enter the US sports wagering market with a quality product and trusted partner,” Kambi chief executive Kristian Nylén said. “Greenwood Gaming is committed to delivering exciting gaming experiences to players in a safe and responsible fashion, therefore, when deciding to launch a sportsbook, Kambi quickly became the natural choice and I’m confident we will form a successful partnership.”

In a recent press release, Greenwood Gaming and Entertainment’s chief technology officer, John Dixon, pointed out that the company’s decision to partner with Kambi is certainly bound to pay off in a major way. He described the company as “an experienced, successful sportsbook partner that can bring best-in-class systems and odds making to the Parx-branded sports betting products.” In addition to that, he expressed confidence in Kambi’s systems, citing their ability to provide “timely, secure and accurate” betting services to their vast range of land-based and online customers.

As mentioned earlier, Kambi will also be supporting Greenwood Gaming and Entertainment’s venture into the New Jersey gaming market where it (Kambi) has already seen quite a bit of success – Kambi supplies close to 70 percent of New Jersey’s humongous sports betting industry. Greenwood Gaming plans to take its sportsbook operations to the neighboring state of New Jersey and it will be leveraging the Kambi Group’s clean record of regulatory compliance and corporate probity to secure a sports betting license in the state.

Editor's Picks

eSports Betting Live in New Jersey, Where Next?

Last month, casinos and racetracks in New Jersey began taking bets on esports tournaments, a move that further expanded the already thriving sports betting industry in the state. Needless to say, esports is a multi-billion industry that has sparked a lot of interest among investors in several different sectors. Esports betting is, therefore, a very […]

Harrah’s Philadelphia Inks New Deal with the Philadelphia Eagles

As sports betting in the United States continues to expand, more sports teams continue to warm up to the activity. A number of lucrative partnerships have been inked in order to capitalize on the rapidly growing industry. Last Monday, Harrah’s Philadelphia Casino and Racetracks announced that it has entered into a partnership with the National […]

State Auditor General to Audit Pennsylvania Lottery

On Wednesday, November 4, Pennsylvania state Auditor General Eugene DePasquale announced that his office would be launching a performance audit on the state’s Revenue Department and the Pennsylvania Lottery. According to DePasquale, the performance audit will be laying some special emphasis on the study of the state-run lottery’s measures when it comes to protecting itself […]

Similar Stories in Gambling

Harrah’s Philadelphia Inks New Deal with the Philadelphia Eagles

As sports betting in the United States continues to expand, more sports teams continue to warm up to the activity. A number of lucrative partnerships have been inked in order to capitalize on the rapidly growing industry. Last Monday, Harrah’s Philadelphia Casino and Racetracks announced that it has entered into a partnership with the National […]

Pennsylvania Sports Betting Posts More Growth

The Pennsylvania Gaming Control Board (PGCB) has recently released the revenue figures for sports betting in the Keystone State. According to the figures released by the gaming regulator, the state’s sports betting sector handled a whopping $241.2 million in bets. This was a 24 percent increase from the $194.5 million that was recorded in the […]

Work Begins On $150M Live! Casino in Westmoreland County

Stadium Casino Westmoreland, an affiliate of The Cordish Companies has recently officially marked the beginning of the construction of its casino project in the county. The $150 million Live! Casino project kicked off with a groundbreaking ceremony that was graced by a number of high-ranking state officials as well as leading stakeholders in the gambling […]

Unibet Makes Its Debut in Pennsylvania’s Gambling Market

On Tuesday, November 12, renowned sportsbook operator Unibet officially joined a host of other reputable sports betting operators in the Keystone State. The award-winning Kindred Group-owned sports betting operation has been eyeing the very lucrative Pennsylvanian sports betting market. Its arrival will now give the state’s bettors one more option to choose from. This is […]