Kambi acquires Shape Games for 38 5m

Kambi Group has  purchased front-end technology specialist Shape Games for an initial €38

Kambi Group has  purchased front-end technology medical specialist Shape Games for an initial €38.5m ($38.4m), a fig which could rise to €78.1m if performance-related bonuses are met.

The acquisition of the Danish tech fellowship signifies Kambi’s crowd to improve its peregrine capabilities, where it sees to the highest degree of its sportsbook revenue.

Kambi’s purchase of Shape Games comes followers a pre-established partnership between the two.

After announcing the deal, Kristian Nylen, Kambi CEO and Co-founder said: “I’ve ever been crystallize on our intention to gain technology and talent that will complement and raise our sportsbook proposition, and i have got no question Shape Games will ut just that.

“Having worked intimately with Shape Games and its experient team over recent years, I experience seen first-hand how their technology enables operators to pull out the good time value of the Kambi sportsbook and provides the level of command operators require to redeem made-to-order experiences to their players.”

Meanwhile, Christian Risom, Shape Games CEO and Co-founder, further commented: “We are really happy to get together forces with the leading sportsbook provider of the industry.

“Shape Games and Kambi have got been working nearly side past side of meat for years now and it is exciting to accept this partnership to young levels. Together we testament hold an unmatched sports betting and cassino offering for any market place in the world, live it on wandering and net or in retail.”

In August, Kambi signed an arrangement with Oaklawn Racing Casino Resort, while another important acquisition inwards recent years has been that of esports betting provider Abios.