Kambi extends sportsbook deal with Cambodia’s NagaWorld

Sports betting solutions provider Kambi has signed a multi-year extension to its sportsbook partnership with NagaWorld, a subsidiary of Cambodia-based hotel, gaming and leisure operator NagaCorp.

Under the renewed deal, NagaWorld’s two hotel properties in the Cambodian capital Phnom Penh will continue to benefit from Kambi’s suite of retail sports betting products, including self-service betting terminals.

Kambi, which has been working with NagaWorld since 2014, will also increase the selection of live events it supplies to the group. The deal remains retail-only, meaning it is unaffected by Cambodia having put a halt to the issuing of igaming licences last week.

“We are proud to be extending our deal with NagaWorld, an agreement which highlights the positive impact Kambi’s modern and entertaining retail service can have on casino properties,” Kambi’s chief commercial officer Max Meltzer said.

“The NagaWorld sportsbooks have delivered consistent growth since collaborating with Kambi, and we look forward to continuing to enhance NagaWorld’s service offering to its sports betting customers to the benefit of both companies for years to come.”

The renewal comes after Kambi last week also agreed to expand its existing supply arrangement with daily fantasy and sports betting giant DraftKings to cover eight additional US states.

Image: Dmitry A. Mottl