Kambi Awarded Platform Provider of the Year at the 2024 American Gambling Awards
In an exciting announcement from the heart of the sports betting industry, Kambi has earned the prestigious title of Platform Provider of the Year for the 2024 American Gambling Awards, an event organized by Gambling.com Group (Nasdaq: GAMB). This accolade not only acknowledges Kambi’s innovative contributions to the sports betting landscape but also highlights its significant expansion efforts and commercial success over the past year.
Celebrating Innovation and Excellence
Kambi’s recognition is a testament to its ongoing commitment to innovation in sports betting. The company has made significant strides in enhancing its product offerings, which include advanced technology solutions tailored to meet the evolving needs of operators and bettors alike. Sarah Robertson, Kambi’s Chief Commercial Officer, stated, “Being named Platform Provider of the Year underscores our unwavering commitment to innovation and excellence in sports betting.”
Kambi’s strategy in recent times has focused on developing a suite of cutting-edge tools designed to improve both operator performance and user experience. Recent milestones include the launch of Odds Feed+, a product that offers efficient, low-latency odds and facilitates bet settlement through a single API integration. By streamlining these processes, Kambi allows operators to provide their customers with a more seamless and enjoyable betting experience.
Key Developments and Product Enhancements
Among the noteworthy advancements that contributed to Kambi’s recognition are several key product enhancements:
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Odds Feed+: Launched to offer low-latency odds and efficient bet settlement, this new product simplifies the betting process for operators. The integration of this service through a single API is a game-changer in the industry.
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Upgraded Bet Builder: Kambi has improved its Bet Builder (same game parlay) functionality to include options for in-play betting and early cash-out, allowing players to engage more dynamically with ongoing events.
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Kambi Engage: This new platform feature provides partners with easier access to third-party engagement solutions, enhancing customer interaction and retention strategies.
- AI-Driven Trading: With advancements in its Tzeract division and the rollout of the Trading Gateway, Kambi is at the forefront of integrating artificial intelligence into sports trading. This not only enhances accuracy but also optimizes the betting experience.
These enhancements reflect Kambi’s proactive approach to innovation, ensuring that its offerings remain competitive in a rapidly changing market.
Commercial Success and Strategic Partnerships
Kambi’s business momentum is unmistakable, as evidenced by its signing of 12 new partnerships during the evaluation period for the awards. This includes contracts with significant entities like Bally’s, LiveScore, and Svenska Spel. Such partnerships not only solidify Kambi’s status as a leading sportsbook platform supplier but also demonstrate its ability to forge strategic alliances that drive mutual growth in the highly competitive landscape of online gambling.
Charles Gillespie, CEO of Gambling.com Group, praised Kambi’s achievements, stating, “Kambi’s leadership in AI-driven trading has set a new standard for excellence.” This recognition not only affirms Kambi’s status in the industry but also highlights the company’s role in shaping the future of sports betting in the United States.
Conclusion
Kambi’s designation as Platform Provider of the Year at the 2024 American Gambling Awards is a significant honor that encapsulates its dedication to innovation and excellence in sports betting solutions. With its impressive portfolio, including the recently unveiled Odds Feed+, upgraded Bet Builder features, and a strengthened framework for partnerships, Kambi is well-positioned to continue leading the charge in the ever-evolving gambling landscape. As operators and players anticipate further enhancements, the future appears bright for Kambi, as it steadfastly pushes the boundaries of what is possible in sports betting.
For more information about Kambi and its range of sports betting solutions, visit Kambi’s official website.
