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”The acquisition was in anticipation of the May 2018 PASPA (Professional and Amateur Sports Protection Act) reversal, which saw the US Supreme Court determine that the 1992 federal law violated constitutional principles by forcing states to ban sports betting under their own laws.”The CDI subsidiary will leverage Kambi’s sports betting offering with its integrated online gaming platform to be powered by GAN’s US-optimized enterprise software.”The CDI subsidiary will leverage Kambi’s sports betting offering with its integrated online gaming platform to be powered by GAN’s US-optimized enterprise software....
According to CDI, plans include the opening of a retail BetAmerica sportsbook at the federally recognized Potawatomi tribe’s Island Resort & Casino located in the Upper Peninsula in Harris, while the platform will be made available throughout the Great Lake State, subject to gaming license and regulatory approvals.Under the terms of the new partnership agreements, the two firms will serve as new technology providers to BetAmerica which currently manages sportsbooks in Pennsylvania, New Jersey, Mississippi, and Indiana. Smurfit said…“We look forward to powering the BetAmerica brand with our highly optimized technology platform and enabling CDI to efficiently invest their marketing capital to attract loyal sports betting and iGaming players....
”Malta-headquartered Kambi Group said the deal will “position BetAmerica to capitalise on its market access to offer Kambi’s industry leading online and on-property sports wagering experiences to new and existing players.”Kambi added that the agreement “is expected to have a small positive impact” on its 2020 revenue but that the “partnership has the potential to become a material source of revenue over the course of the contract.After recently entering Michigan’s sports betting and iGaming market, Churchill Downs Incorporated (CDI) (NASDAQ:CHDN) has inked multi-year agreements with Game Account Network (GAN) and Kambi Group plc for its BetAmerica sports betting brand....
Fans can expect the provider to launch its next new title, Curse of the Werewolf Megaways, on September 3.In its company presser, GAN Chief Executive Officer Dermot S.”Kambi added that the agreement “is expected to have a small positive impact” on its 2020 revenue but that the “partnership has the potential to become a material source of revenue over the course of the contract....
”Malta-headquartered Kambi Group said the deal will “position BetAmerica to capitalise on its market access to offer Kambi’s industry leading online and on-property sports wagering experiences to new and existing players.”Tier-one operator:GAN, meanwhile, said that due to CDI’s “expansive range” of US-based retail gambling assets free online slots vegas zcsuand its “existing market agreements for Internet gambling,” it classifies the Churchill Downs parent company as a “tier one” operator client. I’m certain with the quality and experience we possess, together with the BetAmerica leadership team, we will be able to grow our businesses together as the U....
