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After recently entering Michigan’s sports betting and iGaming market, Churchill Downs Incorporated (CDI) (NASDAQ:CHDN) has inked multi-year agreements with Game Account Network (GAN) and Kambi Group plc for its BetAmerica sports betting brand.”In a company press release, Chief Executive Officer for Kambi, Kristian Nylén, said…“It’s a pleasure for Kambi to be partnering with CDI and its BetAmerica brand, which has the potential to benefit from its market access and existing customer database.Fans can expect the provider to launch its next new title, Curse of the Werewolf Megaways, on September 3....
sports betting and iGaming market expands.According to CDI, plans include the opening of a retail BetAmerica sportsbook at the federally recognized Potawatomi tribe’s Island Resort & Casino located in the Upper Peninsula in Harris, while the platform will be made available throughout the Great Lake State, subject to gaming license and regulatory approvals. Smurfit said…“We look forward to powering the BetAmerica brand with our highly optimized technology platform and enabling CDI to efficiently invest their marketing capital to attract loyal sports betting and iGaming players....
”For its part, CDI Chief Executive Officer Bill Carstanjen said…“We believe the transition to Kambi and GAN as our new technology providers will enable our team to execute the rollout of BetAmerica sportsbooks and iGaming product offering more efficiently as states move to legalize and implement regulations permitting sports betting and iGaming in the coming years.Under the terms of the new partnership agreements, the two firms will serve as new technology providers to BetAmerica which currently manages sportsbooks in Pennsylvania, New Jersey, Mississippi, and Indiana. Smurfit said…“We look forward to powering the BetAmerica brand with our highly optimized technology platform and enabling CDI to efficiently invest their marketing capital to attract loyal sports betting and iGaming players....
Expanding US market:Kambi added that BetAmerica will benet from its “proven excelledoubleu casino slotsnce in sportsbook provision,” with its “secure and empowering technology providing the reliability and differentiation capabilities required to succeed in today’s competitive U.”Michigan launch:Earlier this month, CDI announced that its newly-signed partnership with Hannahville Indian Community will see its BetAmerica sports betting and iGaming platform launched in Michigan, where sportsbetting and online casino gambling were legalized in December 2019.”Tier-one operator:GAN, meanwhile, said that due to CDI’s “expansive range” of US-based retail gambling assets doubleu casino slotsand its “existing market agreements for Internet gambling,” it classifies the Churchill Downs parent company as a “tier one” operator client....
BetAmerica acquisition:CDI, which also owns advanced deposit wagering site (ADW), TwinSpires, acquired BAM Software and Services, LLC (BetAmerica) on April 24, 2017, after, in December 2016, it [BetAmerica] lost permission of the Thoroughbred Owners doubleu casino slotsof California (TOC) to offer wagering in California to residents of “The Golden State. CDI has since entered multiple states with BetAmerica.”Michigan launch:Earlier this month, CDI announced that its newly-signed partnership with Hannahville Indian Community will see its BetAmerica sports betting and iGaming platform launched in Michigan, where sportsbetting and online casino gambling were legalized in December 2019....
