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S. 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.”For its part, CDI Chief Executive Officer Bill Carstanjen said…“We believe the transition to Kambi and GAN as our new technology providers will enable our team to execute the rollout of BetAmerica sportsbooks and iGaming product offering more efficiently as states move to legalize and implement regulations permitting sports betting and iGaming in the coming years....

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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 online slots with wolf treasure hkxlof California (TOC) to offer wagering in California to residents of “The Golden State.S.S....

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”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.Expanding US market:Kambi added that BetAmerica will benet from its “proven excelleonline slots with wolf treasure hkxlnce in sportsbook provision,” with its “secure and empowering technology providing the reliability and differentiation capabilities required to succeed in today’s competitive 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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”Michigan launch:Earlier this month, CDI announced that its newly-signed partnership with Hannahville Indian Community will see its BetAmerica sports betting and iGaming platform launched in Michigan, where sportsbetting and online casino gambling were legalized in December 2019.“BetAmerica will benefit from the proven excellence of these market-leading providers.”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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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.S.S....

 

 

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