Kambi Group, a leading provider of game-changing sports betting solutions, has unveiled an extension of its partnership with LeoVegas Group. Under the agreement, the former company will continue to supply the latter with its cutting-edge technology.
LeoVegas Extends Its Partnership with Kambi
According to the announcement, the two parties’ turnkey sportsbook partnership was extended until the end of 2027. At the same time, Kambi and LeoVegas penned a new agreement that will see Kambi supply the operator with the state-of-the-art Odds Feed+ product.
Under this latest deal, LeoVegas will continue to leverage Kambi’s sportsbook technology for two more years. This will provide the former company with plenty of time to finalize its migration to a proprietary sportsbook platform.
In addition to that, LeoVegas’ portfolio of brands, LeoVegas, BetMGM, BetUK and expekt will now be able to step up their odds game thanks to the Odds Feed+ agreement. This will allow them to leverage the industry’s premium odds feed solution to complement their odds offering with Kambi’s full library of traded odds, which are delivered via a single API.
Unlike the extended turnkey agreement, the Odds Feed+ agreement will run beyond 2027, meaning that LeoVegas’ relationship with the provider will continue even after it moves to a proprietary sportsbook platform.
CEO Becher Praised the Agreement
Kambi Group’s chief executive officer, Werner Becher, commented on the agreement, reminiscing about his team’s long partnership with LeoVegas. He pointed out that the two companies’ agreement has run since 2016, making their relationship almost a decade long.
According to Becher, the latest partnership extension and the Odds Feed+ deal attest to the quality of Kambi’s products.
While we look forward to another two years of Turnkey provision, it speaks to the quality of our trading capabilities that LeoVegas also secured access to our Odds Feed+ solution, taking our partnership into a new phase.
Werner Becher, CEO, Kambi Group
Kambi’s Q1 Was Mixed But in Line with Expectations
In April, Kambi published its Q1 results, outlining a mixed performance in the first three months of 2025. However, these results were in line with the company’s earlier expectations, with some of the suboptimal performance being offset by various Q1 achievements.
In its report, Kambi said that it remains confident in its long-term success. CEO Becher had noted that Kambi’s business is underpinned by a strong and dependable team that will ensure the company’s long-term strategy is executed successfully.