SJSC Latvijas Loto has contracted Kambi Group plc in a long-term deal for the supply of its fully managed online sportsbook to Latvia’s national lottery operator.
Under the terms of the deal, which marks Kambi’s first public lottery customer, Government-owned, Latvijas Loto will offer Kambi's fully managed Sportsbook through digital channels.
The Kambi Sportsbook will be integrated into Latvijas Loto's player management platform, with a launch scheduled for later this year.
Kristian Nylén, Kambi Chief Executive Officer, said: “To meet the standards required by Latvijas Loto, Kambi had to demonstrate the highest levels of compliance and security, as well as showcase a market-leading sports betting product.
“Having proven ourselves to be the secure and quality choice, we're delighted Latvijas Loto has selected Kambi as its Sportsbook supplier and we look forward to building a strong and lasting partnership.”
Janis Pone, Latvijas Loto member of the board, added: “With this deal, the Latvian national lottery company expands its product portfolio with sports betting games, offering quality products for playing in a legal and controlled way and also shifting profits to the public interest.”