The Brazilian gaming industry is seeing a lot of change right now. The most recent information relates to the contract that Rei do Pitaco and Kambi technology inked.
With the help of its newest partner, Rei do Pitaco will make sports betting Kambi offers accessible to its rapidly expanding consumer base. With about 13.6 million downloads, the app will undoubtedly attract additional admirers as a result of this relationship.
Top businesses on the market:
One of the top partners for sports betting in the globe is Kambi Group plc. Rei do Pitaco is the biggest daily fantasy sports operator in the Brazilian market. Therefore, it is not surprising that two industry titans have chosen to collaborate in order to offer a wonderful sports betting experience.
Rei do Pitaco will be able to benefit from the technology and services Kambi provides thanks to this multi-year agreement. Brazil is now in the process of legalising sports betting, and if completed, the market would rank among the biggest regulated markets globally.
Football, the most popular sport in the nation, is the main subject of Rei do Pitaco. The operator's app was released in 2019 and has since been immensely popular. Sports betting is a terrific addition to the company's portfolio, and the database keeps expanding.
Rei do Pitaco will use this agreement to supply its devoted clients with highly localised items. Kambi's highly adaptable technology, extensive selection of APIs, and differentiating tools will be very helpful in this. The Rei do Pitaco's inventory will also contain award-winning Kambi goods like the Kambi Bet Builder.
Improvement-enhancing investments:
The Rei do Pitaco just received a major investment. It has been helping the business expand and improve its selection of sports betting. Nigel Eccles, a businessman in technology and co-founder of FanDuel, is one of the investors. He was appointed Rei does Pitaco's Chair last year.
The CEO and co-founder of Kambi, Kristian Nylén, stated: "I am pleased that Kambi has collaborated with Rei do Pitaco, a company that I feel is well positioned to achieve a strong position in the nation. Brazil has the potential to become one of the greatest regulated sports betting markets in the world.
"Rei do Pitaco's talented founders have exciting and ambitious plans, so this agreement is a testament to the power and adaptability of our sportsbook technology to be able to support those goals and enhances our position as the leading sportsbook partner in Latin America and around the world," the company said.
Rei do Pitaco's CEO and co-founder, Mateus Dantas, stated: "We are thrilled to have reached an agreement with Kambi on this new sports betting relationship. Our rapidly expanding client base will have access to a market-leading online sportsbook through our new venture, and they will enjoy a great and secure user experience on our platform.
