Kambi Group has signed an extension to its North America-facing partnership with online sports betting and casino operator and Rush Street Interactive (RSI).
Under the deal, Kambi will continue to provide its sportsbook engine to RSI in 15 states across the US, as well as in Canada, Colombia, and Mexico.
Kambi initially partnered with RSI in 2018 following the repeal of the Professional and Amateur Sports Protection Act (PASPA) in the US and has supported the operator with its expansion across a range of markets.
“RSI was the first US-based operator we partnered with post-PASPA, and it has been fantastic to witness RSI become one of the leading online gaming players in the Americas,” Kambi chief executive and co-founder Kristian Nylén said.
“This contract extension ensures Kambi’s sportsbook will continue to complement RSI’s proprietary technology and platform, which together will provide the basis for even greater success in the future.”
Confirmation of the renewal will come as a boost to Kambi, which last week experienced a significant drop in its share price following the news that sports apparel giant Fanatics will use Amelco’s source code to power its sports betting product. Kambi had previously been named as a possible technology partner of Fanatics and had led the bid for a New York sports betting license that included Fanatics.
On the day of the announcement (4 January), Kambi’s shares were down 10.6%.