Sports betting technology and services provider company, Kambi Group, is eyeing at the sports betting market in Ohio. While sports betting is yet to be legalized in the state, the company is prepared, not to be left behind.
Kambi has inked a multi-year partnership deal with JACK Entertainment to provide them with sports betting products once it is regulated in Ohio.
Following the deal, JACK Entertainment will launch Kambi-powered sportsbooks at both its gambling venues – JACK Cleveland Casino in downtown Cleveland and JACK Thistledown Racino.
Commenting on the partnership with JACK Entertainment, Kambi CEO Kristian Nylén said that “JACK Entertainment is clearly a major player in the Ohio market, and has been a primary target for us in the US” as the company is building its strategy to deliver sports betting experience with major local operators.
Jack Entertainment LLC is planning to lay off at least 92 employees after the sale of Dan Gilbert’ Greektown casino to Penn National earlier in May this year.
JACK Entertainment VP of Sports and Digital Gaming Adam Suliman said that they “feel strongly that Kambi’s best in class platform, combined with JACK Entertainment’s properties and brand, will allow us to deliver the very best sports betting products and experiences.”
While Ohio is planning to regulate sports betting, Ohio universities call for keeping college sports and athletics out of the expanded gambling regulations.