Kambi to enter the Silver State, which includes its gambling hub Las Vegas, in partnership with one of the market's established leaders
Kambi Group plc ("Kambi"), the home of premium sports betting solutions, has entered a long-term arrangement with Station Casinos LLC ("Station Casinos") to provide its Turnkey Sportsbook and player account management platform (PAM) solution to one of Nevada's premier gaming, hospitality and entertainment operators.
The 10-year agreement will enable Kambi to enter Nevada and its world-renowned gambling hub Las Vegas for the first time, having secured its Nevada licence in 2025. The partnership is expected to have a mid-single-digit-million euros financial impact for Kambi from 2027 onwards.
Founded in 1976, Station Casinos is one of the largest operators in Nevada and the leader off-Strip, pioneering the Las Vegas 'locals casino' market by developing neighbourhood resort-casinos away from the Strip and Downtown. Alongside its parent company Red Rock Resorts, Inc., Station Casinos owns and operates a portfolio of more than 20 properties across the Las Vegas Valley, including Red Rock Casino Resort Spa, Green Valley Ranch and Durango Casino & Resort, capturing a vast player database where more than 95% of the local population resides within a five-mile radius of a Station Casino property.
In addition to its off-Strip locations, the company's on-Strip sports betting footprint includes a third-party management agreement via its STN Sports division to operate the retail sportsbook at Treasure Island, as well as operating the retail and mobile sports betting operations of Fontainebleau Las Vegas located on the north end of the Strip. Furthermore, the company manages sportsbooks for third-party properties outside its core portfolio, including the El Cortez Hotel & Casino in Downtown Las Vegas, as well as the CasaBlanca Resort and Virgin River Hotel & Casino in Mesquite, Nevada.
Under the terms of the agreement, Kambi will deliver a fully integrated omni-channel solution across retail and online. Designed specifically for the Nevada market, the bespoke solution combines its premium Turnkey Sportsbook and pari-mutuel Racebook with its in-house PAM platform to power a seamless, end-to-end betting experience.
In partnering with Kambi, Station Casinos will benefit from the global liquidity generated by one of the world's most powerful sports betting networks. This accumulated intelligence informs Kambi's AI-powered pricing and trading, and its advanced risk management, and enables an extensive offering and a market-leading Bet Builder product, all proven to drive player engagement and operator performance.
Kambi will also deliver a unified user experience across multiple channels, with a single wallet connecting in-person wagering and online betting. In addition to an on-property sportsbook rollout across Nevada, Station Casinos will utilise Kambi's Turnkey Sportsbook for its STN Sports mobile app, enabling bettors within the state to place wagers on an expansive pre-match and live offering while earning rewards points toward their property-wide Boarding Pass loyalty accounts.
In entering Nevada, Kambi reinforces its commitment to meeting the highest standards of regulatory compliance and corporate probity, while bringing its award-winning sportsbook technology to one of the world's most established sports betting markets.
Werner Becher, CEO of Kambi Group, said: "Kambi is delighted to enter this exciting partnership with Station Casinos, an operator of great size and reputation in the Nevada market. This landmark agreement will not only see Kambi enter Nevada, widely known for being the gold standard of gaming and sports betting regulation, but it also marks the first state-wide deployment of our fully integrated Turnkey Sportsbook and PAM solution. I look forward to working closely with Station Casinos over the next decade as we aim to take its online and retail sportsbooks to the next level."
"We look forward to partnering with Kambi and leveraging their proven technology platform to enhance the sports betting experience for our guests," said Jason McCormick, Vice President of Race and Sports for Station Casinos. "Together, we are committed to providing a reliable, engaging, and seamless experience that meets the evolving needs of our players."
For further information, please contact:
Mattias Frithiof
SVP Investor Relations & Sustainability
Mattias.Frithiof@kambi.com
Mobile: +46 73-599 45 77
For media enquiries, please contact:
pressoffice@kambi.com
About Kambi
Kambi is a leading provider of cutting-edge sports betting services to licensed B2C gaming companies, operating one of the world's most powerful sports betting networks and delivering high-performance solutions through its Turnkey Sportsbook and Odds Feed+ products. Focused on regulated markets, Kambi harnesses the vast data its network generates to drive its proprietary AI-powered pricing, trading and technology capabilities, giving partners a proven competitive edge while empowering operators with the flexibility to create differentiated, compliant and revenue-driving sportsbook offerings. Kambi's global network of more than 70 partners includes Bally's Corporation, BetPlay, Hard Rock Digital, LiveScore Group, Ontario Lottery & Gaming Corporation and Rush Street Interactive, supporting their success across some of the world's most competitive regulated markets.
Kambi utilises a best of breed security approach and is ISO 27001 and eCOGRA certified. Kambi Group plc is listed on Nasdaq First North Growth Market under the symbol "KAMBI".
The Company's Certified Advisor is Redeye Nordic Growth AB.
About Station Casinos
Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling, and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Durango Casino & Resort, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Wildfire on Fremont, Wildfire Rancho, Wildfire Boulder, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem, Wildfire Fremont, and Wildfire Lake Mead. Station Casinos also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Casino & Lanes, and The Greens. The Company recently introduced Seventy Six Taverns to the Valley.
This information is information that Kambi Group plc is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-08-05 08:45 CEST.
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Kambi X Station Casinos
