Kambi builds trust with with US regulators using Vixio
Data led insights powering expansion
Headquartered in Malta with offices in eight locations worldwide, Kambi provides high-performance sports-betting technology and services to the global gambling industry. Its comprehensive range of solutions include risk management, odds compiling and compliance provision.
Compliance is integral to every aspect of Kambi’s day to day operations and its innovative, in-house software platform delivers services to its clients across six continents via powerful open APIs. Kambi helps its partners differentiate themselves on key player-facing elements as well as helping their partners seamlessly implement technologies for new target markets
New opportunities from regulatory change
New opportunities emerged for global gambling operators in 2018 when the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA).
Prior to the ruling, Kambi had been working towards an early entrance into these markets and knew that to be successful in its ambition, it needed to be able to demonstrate to U.S. regulators that it had a clear understanding of specific state-by-state regulations and that its data-driven technology could be trusted.
Partnering with Vixio
Kambi turned to Vixio, making use of its full suite of regulatory intelligence and analysis covering historic, ongoing and forthcoming legal and regulatory changes. Kambi gained a deep understanding of the state-by-state regulatory environment allowing it to build trust with US regulators and demonstrate its strength in data-driven technology by outlining key expectations for regulated sports wagering. Kambi was able to use the intelligence gained from Vixio’s solution to hold constructive talks with the New Jersey regulator ahead of the PAPSA repeal.
Compliance becomes a Competitive Advantage
With Kambi’s strategy informed by Vixio’s comprehensive solutions it was able to help its partners become the first operators from outside the U.S. to move into New Jersey, New York and Philadelphia markets, with numerous other States subsequently being added.
Vixio continues to partner with Kambi, providing vital data-led insights to help it navigate the ever-changing requirements in existing markets, allowing Kambi to remain as the trusted provider of sports betting services.
Vixio is a Regulatory Technology (RegTech) company which provides global compliance intelligence on highly-regulated industries undergoing rapid and radical change. We are the trusted compliance partner for some of the biggest names in payments and gambling because we understand what is at stake to remain compliant in today’s perilously complex global regulatory environment. Request a demo
Kambi provides high performance sports betting technology and services to the global regulated gambling sector.
Headquartered in Malta with offices in seven locations worldwide, including London, Philadelphia, and Stockholm
Risk management, odds compiling and compliance provision.
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“VIXIO Gambling is an important string to our bow in helping us to be as effective as possible in supporting our partners. The understanding that the team at VIXIO have of global gambling regulation is tough to match in their field. Their ability to effectively communicate this knowledge is a big help for our team as we continue to expand globally. Regulatory and compliance teams of any size or experience can benefit from the expertise VIXIO brings to the table, and they have helped us to stay abreast of developments and maintain the high standards we have set for compliance and integrity.”
Tommaso Di Chio
SVP Regulatory Affairs and Compliance, Kambi