Kambi Group Signs Sports Betting Deal With Oaklon Racing Casino Resort – Nation World News

The multi-channel deal includes the provision of Kambis sportsbooks directly to the Oaklon property in Hot Springs, Arkansas.

Press Release.- Kambi Group plc has signed an agreement with Oaklon Racing Casino Resort to provide its online and on-property sports betting solutions directly to the leading Thoroughbred racecourse and casino. in the US state of Arkansas,

Under the agreement, Combi will support Oaklon in launching its online sports betting operations under the Oklon Sports brand through the provision of best-in-class digital betting solutions, which include the bet builder, the award-winning Multiple Combi Bet.

Oaklawn will also continue to offer Kambis retail sportsbook within its Oaklawn Racing Casino Resort. Through a partnership with operator Churchill Downs Incorporated, Kambi has provided its retail sportsbook to Oaklon since 2021And todays agreement replaces this agreement for Kambi to have a direct contract with Oaklon for an extended period.

Additionally, Oaklon plans to expand its retail sports betting operations, creating an exciting experience for its customers during Thoroughbred racing.

christian nielyCombi CEO and Co-Founder said, We are very excited to strengthen our relationship with Oaklon Racing Casino Resort and will soon expand our partnership into the mobile space. Combining Combis advanced technology and Oaklons Americas The reputation as one of the leading excellent tracks and casinos in the U.S. makes this an attractive sports betting proposition.

Wayne SmithOaklon Racing Casino Resorts general manager said, Ocalon has been one of the most trusted brands in Arkansas for over 100 years and we are now excited to offer our loyal customers yet another great service with our much-anticipated mobile service. Betting Platform We look forward to providing you with the best online sports betting experience in Arkansas.

Kambi recently published its financial results for the second quarter of the year 2022 and reported revenues of 34.7m for the second quarter of 2022 and 71.5m for the first half of 2022.

The company also reported an operating profit (EBIT) of 4.9m for the second quarter of 2022, with a margin of 14.1 percent, and of 12.2m, with a margin of 17.1 percent for the first half of 2022.

Earnings per share for the second quarter of 2022 was 0.109 and the first half of 2022 was 0.286. Cash flow was 0.1M in the second quarter of 2022 and 5.6M in the first half of 2022.

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Kambi Group Signs Sports Betting Deal With Oaklon Racing Casino Resort - Nation World News