888 signs deal with Kambi Sports

Gaming entertainment company 888 has signed a deal with Kambi Sports Solutions, according to which it will deliver a fully-managed sportsbook solution under the group's 888Sport brand.

As a result of the agreement, 888 will be able to offer a broader range of betting markets and products by fully integrating Kambi's technology.

Itai Frieberger, Chief Operating Officer of 888 Holdings: "888 has been at the forefront of online and mobile gaming across the world, delivering continued growth through our core products.

Try 6 free issues of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up

"By partnering with Kambi we will be aligning our sport platform with the rest of our offering, enabling us to increase our footprint while delivering a best-of-breed product to our players.

"By applying our award-winning back office and marketing expertise to the re-launch of 888sport, powered by Kambi, we will look to enhance player value through more efficient engagement."

888's share price was down 1.23% at 174.60p at midday on Monday.

NR