Aligned with the Stockholm-listed supplier’s plans to scale up its presence in the growing sports betting market, Kambi is set to open its first US-based office in the second quarter, according to a press release the company published.
The B2B betting firm is currently hiring for some positions for its new Philadelphia-based hub, including customer support and risk management roles, which will initially house a headcount of approximately 30. Kambi sees Philadelphia as the “best location for the business given the current prominence of sports betting regulation on the East Coast and its proximity to current and prospective customers,” the press statement says.
“The opening of a US office has long been part of our plans, and we have taken the time to carefully weigh up a number of different options to ensure we settled on the right location,” says Max Meltzer, Chief Commercial Officer of Kambi.
“In Philadelphia, we have found a city that ticks all the boxes – great proximity to customers, a people passionate about sports and high performing local universities. The team we are building will tap into that local talent and ensure we can provide an even greater level of service to our customers,” he adds.
Kambi reported Q4 revenue growth of 14%, and it powers some sportsbooks on the US East Coast, including Rush Street Interactive and DraftKings in New Jersey and Parx Casino in Pennsylvania. DraftKings launched its sportsbook offering in New Jersey last year following the repeal of PASPA in May and is the current market leader in online sports betting in the state.
Beyond presence in many other countries, Kambi is also licensed by the Malta Gaming Authority, and also has operations in the island country.