Kambi Group plc, a leading global sports betting provider, has entered into a multi-year agreement with KTO Group, one of Brazil’s fastest-growing online betting and gaming operators. Under the new partnership, KTO will replace its current sportsbook provider with Kambi’s advanced, turnkey sportsbook solution.
KTO, a widely recognized brand in Brazil’s betting market, aims to leverage Kambi’s scalable and robust sportsbook technology to enhance its offerings. Kambi’s end-to-end sportsbook includes AI-powered trading, extensive odds coverage of popular Latin American sports, and an award-winning Bet Builder with live and cash-out functionality, features that have proven successful across highly regulated markets in the region.
Since its launch in 2019, KTO has built a strong presence in Brazil through strategic marketing, influencer partnerships, and local sponsorships. With an experienced team and deep local market knowledge, KTO has quickly expanded its customer base and become a leading operator.
As Brazil prepares to launch its regulated sports betting market in early 2025, this agreement further solidifies Kambi’s position as the preferred sportsbook partner in Latin America, building on its successes in Argentina, Colombia, Mexico, and Peru.
Werner Becher, Kambi CEO, said: “We are thrilled to announce this exciting partnership with KTO, one of the leading sports betting operators in Brazil. Both companies share a deep passion for delivering exceptional sports betting experiences and this collaboration will enable KTO to take its sportsbook offering to the next level. By leveraging Kambi’s advanced technology and expertise, KTO is well positioned to expand its foothold in Brazil as it prepares to launch what will become one of the world’s largest regulated sports betting markets.”
Andreas Bardun, KTO Founder and CEO, said: “Partnering with Kambi is a significant milestone for KTO. Kambi’s cutting-edge technology, combined with their understanding of the sports betting industry, will allow us to elevate our product offering and provide our customers with a best-in-class experience. We are excited to leverage Kambi’s product and expertise as we look to grow our brand in the Brazilian market.”
