Kambi and betPARX expand sportsbook technology and services agreement

Sports betting solutions provider Kambi Group plc announced Wednesday a contract extension with Greenwood Gaming and Entertainment, owner and operator of online casino and sportsbook brand betPARX and Pennsylvania's largest casino gaming complex, Parx Casino.

Kambi and Greenwood Gaming first signed a multi-year sportsbook agreement in November 2018. The current expansion agreement will see Kambi continue to provide Greenwood Gaming with its technology and services, including its Bet Builder product, across multiple US states.

Greenwood Gaming is currently live with a Kambi-powered on-property sportsbook at Parx Casino in Pennsylvania and with retail partners Gun Lake Casino and Freehold Raceway in Michigan and New Jersey respectively. The betPARX online sportsbook is also live in the same three states, with plans to enter additional states in the future.

Kristian Nylén, Kambi CEO and Co-Founder, said: "We are delighted to agree on this contract extension with our valued partner Greenwood Gaming. Since we first partnered in 2018, it has been fantastic to watch betPARX grow from a local operator in the Philadelphia area to a nationally recognized brand, and I am pleased that Kambi will continue to support the operator on its journey as it expands further across the United States."

Matthew Cullen, betPARX Senior Vice President of Interactive Gaming and Sports, stated: "betPARX is thrilled to continue working with Kambi and their award-winning technology as we grow our new, exciting brand nationally."

What a night!

We are ecstatic to have won 3 awards at the EGR B2B Awards.

These awards are made possible by the support of our Partners in the Kambi Network and the teams across the globe responsible for building and enhancing our sportsbook solution.#wearekambi pic.twitter.com/0xBnvE8Ngj

— Kambi (@KambiSports) June 16, 2022

Kambi was recently named Sportsbook Platform Supplier of the Year at the EGR B2B Awards, and is live in 17 US states. The Sportsbook Platform award win marks the fourth year in a row that Kambi has taken home the headline sports betting prize, while it was also the third consecutive year that the company got the Sports Betting Supplier recognition.