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The London-headquartered supplier went on to say that it will publish third-party sports betting content obtained from Kambi which is currently integrated into its platform and available to clients.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.”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....

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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. BetAmerica will benefit from the proven excellence of these market-leading providers.Fans can expect the provider to launch its next new title, Curse of the Werewolf Megaways, on September 3....

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The content agreement will see Pragmatic’s full portfolio go live with the leading Brazilian operator.”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.”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....

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BetAmerica acquisition:CDI, which also owns advanced deposit wagering site (ADW), TwinSpires, acquired BAM Software and Services, LLC (BetAmerica) on April 24, 2017, after, in December 2016, it [BetAmerica] lost permission of the Thoroughbred Owners free 3d slots for fun ahdlof California (TOC) to offer wagering in California to residents of “The Golden State. 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.”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....

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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.”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.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....

 

 

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