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Rei do Pitaco targets Brazil sports betting growth after DFS launch

Business

Rei do Pitaco is prioritising sports betting in Brazil after moving from daily fantasy sports towards the regulated betting market, chief executive Augusto said in an interview. The company extended its sportsbook partnership with Kambi last October and says it is adapting its product to Brazilian customers; it sees sports betting as its main growth focus.

Rei do Pitaco’s focus on sports betting and its Kambi partnership shape its position in Brazil’s regulated market.

End-of-day close Kambi (KAMBI), SEK, to 19 May 2025
Story date18 February 202519 May 2025

Latest reported results

Kambi Nasdaq First North Stockholm: KAMBI

Quarter ended 30 September 2026

Revenue
EUR 46.0m

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