Kambi Group, the provider of premier sports betting solutions, has won clearance for its Nevada gaming license applications, marking a critical step toward entering one of the world’s most renowned betting markets.
The Nevada Gaming Commission has granted Kambi’s application for Manufacturer & Distributor Licenses and an Information Services License, after a unanimous recommendation from the Nevada Gaming Control Board (NGCB) earlier this month.
The licenses will allow Kambi to offer its industry-leading sportsbook technology and services to nonrestricted gaming facilities in Las Vegas and throughout Nevada for the first time.
With minimal B2B competition in the state due to stringent regulatory requirements, Nevada provides Kambi with future growth potential along with its aim of expanding its footprint across the Americas.
Kambi has been at the vanguard of the regulated US sports betting business since 2018, when it processed the first lawful online wager outside of Nevada following PASPA’s repeal.
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This newest success demonstrates the company’s commitment to providing world-class sportsbook solutions while maintaining the highest levels of regulatory compliance and business integrity.
Werner Becher, CEO of Kambi, stated, “Obtaining clearance for our licenses in Nevada is a significant milestone for Kambi and demonstrates our market-leading technology, regulatory experience, and business integrity.
Nevada is widely regarded as the gold standard for betting and gaming regulation, requiring a threshold that few organizations can match, and thereby recognizing Kambi’s constant dedication to excellence. We would like to thank both the Commission and the NGCB for thoroughly reviewing and approving our petitions”
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