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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. The high volatility slot features mystery symbols, reel modifiers, and extra spins with symbol upgrades, along with a potential for wins of over 40,000x....


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“BetAmerica will benefit from the proven excellence of these market-leading providers.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. BetAmerica will benefit from the proven excellence of these market-leading providers....


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I’m certain with the quality and experience we possess, together with the BetAmerica leadership team, we will be able to grow our businesses together as the U.“BetAmerica will benefit from the proven excellence of these market-leading providers.Expanding US market:Kambi added that BetAmerica will benet from its “proven excellereal money vegas slots bwfnnce in sportsbook provision,” with its “secure and empowering technology providing the reliability and differentiation capabilities required to succeed in today’s competitive U....


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”Tier-one operator:GAN, meanwhile, said that due to CDI’s “expansive range” of US-based retail gambling assets real money vegas slots bwfnand 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 real money vegas slots bwfnof California (TOC) to offer wagering in California to residents of “The Golden State.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....


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”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.”Kambi added that the agreement “is expected to have a small positive impact” on its 2020 revenue but that the “partnership has the potential to become a material source of revenue over the course of the contract. The content agreement will see Pragmatic’s full portfolio go live with the leading Brazilian operator....



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