Kambi extends Olimpo.bet Turnkey Sportsbook deal in Peru
Kambi said the multi-year renewal keeps its Turnkey Sportsbook running at Olimpo.bet, which has used the platform in Peru's regulated market since 2021.
Kambi Group has agreed a multi-year extension of its partnership with Peruvian operator Olimpo.bet, which will keep using Kambi's Turnkey Sportsbook in Peru's regulated sports betting market.
Olimpo.bet launched with Kambi in 2021. The companies did not disclose the length of the new term, the financial terms or any change to the scope of the service. Turnkey Sportsbook is described by Kambi as a fully managed sportsbook offering, covering pricing, trading and risk management.
Werner Becher, Kambi's chief executive, said the renewal "reinforces Kambi's leadership in Latin America". That is the company's own claim; the announcement gave no market share figures to support it.
Manuela Gomez, Commercial Deputy Manager at Olimpo.bet, said the partnership had been instrumental to the operator's success since 2021.
Why it matters
The renewal keeps Kambi's relationship with Olimpo.bet in place for a further period. The announcement did not say how many Kambi partners operate in Peru or elsewhere in Latin America.
Drafted with AI assistance from the company's official announcement or filing, fact-checked automatically against that source and reviewed by our editors before publication. How we work