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Kambi extends sportsbook partnership with Sun International in South Africa

Deals & M&A

Kambi agreed a multi-year extension of its online and retail sportsbook partnership with Sun International in South Africa. Kambi will continue providing sports betting technology and services under the agreement, the companies said.

The extension preserves Kambi’s role supplying online and retail sportsbook technology to Sun International in South Africa.

End-of-day close Kambi (KAMBI), SEK, to 22 August 2024
Story date24 May 202422 August 2024

Latest reported results

Kambi Nasdaq First North Stockholm: KAMBI

Quarter ended 30 September 2026

Revenue
EUR 46.0m

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Deals & M&A

Allwyn signs Kambi platform agreement and plans to buy IWG’s remaining 30%

Allwyn announced agreements with Kambi to develop an in-house sportsbook platform and plans to acquire the remaining 30% of Instant Win Gaming (IWG). The Kambi deal includes a global perpetual source-code licence and payments totalling €50 million over three years to 2029; Allwyn expects the approximately $120 million (€107 million) IWG acquisition to complete in the first quarter of 2027.

Allwyn has agreed with Kambi to build its own betting platform and plans to acquire the remaining 30% stake in Instant Win Gaming (IWG) for approximately $120m (€107m). The deals will give the operator more control of its betting technology and digital lottery content, making it less dependent on external suppliers.

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