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Kambi Group plc extends partnership with Kindred Group and gains ability to prepay convertible bond
New contract continues successful partnership until 2026 while Kambi meets requirements to prepay convertible bond previously issued to Kindred
Kambi Group plc and Kindred Group have agreed a three-year extension to its sportsbook partnership after signing a new agreement up to the end of 2026. In addition to the contract, Kambi’s strong financial performance has seen it meet specific conditions required to prepay, at its own discretion, a convertible bond previously issued to a wholly owned subsidiary of Kindred.
The new agreement, which will take effect after the completion of the current contract which runs until 1 January 2024, continues the successful partnership first established in 2014 following Kindred’s decision to spin-off its sportsbook arm, Kambi, now the world’s leading sports betting technology and services provider.
As part of the spin-off, Kindred was issued a €7.5m convertible bond in Kambi, however, having satisfied certain financial performance criteria set out in the bond agreement, Kambi now has the option to prepay the full loan amount and exit the bond agreement at any time of its own discretion. Upon the prepayment of the convertible bond, Kambi will no longer be required to seek prior consent for certain events and will eliminate the prospect of Kindred converting the bond into shares, which would have given the operator a controlling influence over Kambi. This ensures Kambi and its shareholders have complete control of the company’s strategic direction.
As well as the continuation of a long and successful partnership, the contract provides security to both Kambi and Kindred throughout the extended term. The contract provides Kambi with a baseline guarantee of revenue, with Kindred committed to a minimum revenue contribution of €55m across 2024 to 2026. Meanwhile, Kindred will be guaranteed Kambi’s technology and services as it aims, over time, to leverage Kambi’s increasingly modularised offering to pursue its own platform strategy. As communicated by Kindred, from 2024 the operator seeks to reduce its reliance on Kambi and rebalance its use of proprietary and third-party products, with Kambi’s technology to remain an integral part of Kindred’s sportsbook offering.
The contract extension comes as Kambi continues to build on its market-leading differentiation capability by further modularising its technology and services to give operators greater scope to create unique sports betting experiences. In doing so, Kambi is strengthening its ability to attract and retain a select group of top-tier partners that increasingly demand a hybrid approach to technology. This approach is reflected in Kambi’s contract extension with Kindred and central to Kambi’s strategy of developing best-in-breed functionality.
Kristian Nylén, Kambi CEO and Co-founder said: “Kambi and Kindred continue to enjoy a fantastic relationship and this contract extension, which sees Kambi commit to providing Kindred with our modularised technology and services until 2026, enables this form of symbiotic partnership to further develop and best support the evolving strategies of both companies.
“The financial security and change of control protection granted by this new agreement, as well as the control we have gained over the convertible bond, place Kambi in a strong position as we enter our next chapter of global growth and take a significant step towards us becoming the key enabler for visionary operators in regulated markets across the world.”
Henrik Tjärnström, CEO Kindred Group, commented: “I’m very pleased that we have secured a continued collaboration with our long-term partner Kambi to supply us with high-quality technology and trading services for the coming five years. This agreement is an important building block in our long-term strategy to transform Kindred into a product driven company with a sustained dedication on customer experience, and we are excited to continue to work closely with Kambi to evolve the partnership.”
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1spin4win
1spin4win partners with Alea to extend its classic portfolio reach
1spin4win, an established classic online slot provider, teams up with Alea, an award-winning casino game aggregator.
With this deal, 1spin4win is further cementing its reputation as a recognized iGaming studio and expanding its client network, which now features over 1,000 global partnerships.
The collaboration also marks another important step for the provider in strengthening its international presence. As a result of the agreement, 1spin4win’s classic portfolio of over 190 online slots will be added to Alea’s extensive library of more than 17,000 titles.
Players worldwide will be able to enjoy both existing hits and a steady stream of fresh releases, as the provider regularly launches four to five new titles each month. These include classic fruit hits, thrilling adventures, no-line slots, and a vast lineup of seasonal games tied to various international holidays, including Saint Patrick’s Day, Valentine’s Day, Oktoberfest, Halloween, and Christmas, to name a few.
The studio’s newly formed partner, Alea, is an acknowledged game aggregator that bridges the gap between providers and online casinos. With its single API integration, operators gain access to thousands of titles from over 250 global content studios without additional technical work.
Jaime Carvajal, Business Development Manager at 1spin4win, commented, “Collaborations like this are key to our long-term global growth strategy. Alea has built a strong platform connecting studios and operators, and we’re excited to see our games reach new audiences through this partnership.”
“1spin4win has built a solid reputation for delivering classic slot experiences backed by strong mathematics and transparent mechanics,” says Eduard Verdaguer, Partnerships Manager at Alea. “Welcoming their portfolio to our platform gives our operators access to a distinctive style of content that continues to resonate with players across multiple markets.”
About 1spin4win
1spin4win is a trusted game provider founded in May 2021 by ambitious developers with over 15 years of experience in the gambling industry. Since its inception, the company has expanded its portfolio to include over 190 classic online slots, all characterized by quality mathematics, transparent mechanics, and well-balanced gameplay — key factors that drive strong player retention. The studio aims to release an average of four new games each month in 2026 and offers effective promotional tools for casino operators to help them enhance player loyalty.
The post 1spin4win partners with Alea to extend its classic portfolio reach appeared first on Americas iGaming & Sports Betting News.
Blockchain
SCCG Management Partners with Coinspaid to Support the Expansion of Blockchain Payment Infrastructure for Gaming Businesses
SCCG Management, a global advisory firm serving the gaming industry, has entered into a strategic partnership with Coinspaid Solutions, a blockchain payments infrastructure provider, to support go-to-market efforts for crypto-enabled payment solutions across selected gaming markets.
Under the partnership, SCCG will support Coinspaid’s business development, strategic introductions and commercial expansion across gaming operators, platforms and technology providers. SCCG states that it works across iGaming, sports betting, tribal gaming and broader gaming technology, drawing on more than 30 years of industry experience.
Coinspaid’s infrastructure enables businesses to accept more than 20 stablecoins & other cryptocurrencies, automate conversion into 40+ fiat currencies, and manage payouts and treasury operations through a single infrastructure layer with API and plugin-based integrations. The company also states that it builds compliance into onboarding and payment flows, including AML/KYC/KYB controls, on-chain monitoring, MLRO oversight, ISO/IEC 27001 certification and independent audits.
The partnership will focus on helping licensed gaming businesses evaluate where crypto payments can improve settlement speed, expand payment optionality for cross-border audiences, and streamline payout workflows, subject to jurisdictional review, onboarding and applicable regulatory requirements in each market. Coinspaid also highlights rate lock at checkout, automatic fiat conversion and final settlement on eligible crypto payment flows.
“As gaming businesses continue to expand across markets, the demand for payment infrastructure that is both commercially effective and operationally resilient is only increasing,” said Stephen Crystal, Founder and CEO of SCCG Management. “Coinspaid Solutions brings together payments, payouts and compliance in a way that aligns with how many operators are thinking about growth today. We are pleased to support their expansion through our network across gaming and gaming technology.”
“At Coinspaid, we see sustainable growth in gaming as a combination of product capability, operational reliability and a compliance-first approach,” said Max Krupyshev, Co-founder of Coinspaid. “Our partnership with SCCG is designed to help businesses assess where stablecoin payments can add real value from player deposits and payouts to treasury operations, while keeping regulatory and risk considerations central to implementation.”
The partnership will also include coordinated business development and educational initiatives, including executive introductions, and educational content for operators and technology partners exploring blockchain payment infrastructure.
The post SCCG Management Partners with Coinspaid to Support the Expansion of Blockchain Payment Infrastructure for Gaming Businesses appeared first on Americas iGaming & Sports Betting News.
Argentina
iGaming LATAM: SAGSE Leads the Agenda as Regulation Tightens and Operators Expand in Brazil
The iGaming industry in Latin America is experiencing an especially intense week — from Buenos Aires consolidating its position as a regional hub with SAGSE to regulatory movements that could completely reshape the Brazilian market.
At the same time, operators continue to expand their presence and strategies in the country, with Betnacional and Superbet standing out.
SAGSE reinforces its leadership and positions Buenos Aires as a gaming hub in Latin America
The main highlight of the week is, without a doubt, the latest edition of SAGSE (South American Gaming Suppliers Expo), one of the most traditional and relevant events in the Latin American gaming industry.
Held at the Hilton Buenos Aires in Puerto Madero — one of the city’s most strategic and sophisticated districts — the event once again positions itself as a key meeting point for executives, operators, and industry suppliers.
Since 1992, SAGSE has built its reputation as a true business hub. With over 30 editions, it has become a high-level networking platform where companies, technology, and strategic decision-making converge.
The most recent edition further reinforced this positioning.
According to Alan Burak, Vice President of Monografie — the company behind SAGSE — the overall assessment was highly positive:
“The show has been highly positive across all fronts.”
Attendance growth was one of the key indicators of success.
The event recorded a 25% increase compared to the previous year, reaching approximately 3,500 participants.
However, beyond volume, the quality of the audience stood out.
With more than 60% international attendees and a strong presence of C-level executives and decision-makers, SAGSE reinforces its profile as a business-driven event focused on high-value networking.
Over the two days, representatives from key markets such as Brazil, Chile, Colombia, Mexico, Peru, and the Caribbean are participating, reflecting the growing integration of the Latin American ecosystem.
Another key highlight is the curated selection of exhibitors.
With more than 300 companies involved, the event showcases a comprehensive ecosystem that includes:
- sports betting operators
- technology providers
- payment solutions (including crypto and cashless)
- affiliate platforms
- retention and marketing tools
- compliance and responsible gaming solutions
Content also plays a central role.
The conferences address key industry topics such as:
- regulation and compliance
- digital transformation
- new payment methods
- player protection
- the future of responsible gaming
This approach reinforces SAGSE’s positioning as more than just a trade show — it is a platform for education, analysis, and strategic direction.
The closed and exclusive format is another differentiator.
By limiting access to qualified professionals, SAGSE ensures an environment focused on meaningful connections and real business opportunities.
Ultimately, the event acts as a barometer for the market.
And the message is clear: Latin America continues to grow, but with increasing complexity and regulatory demands.
Regulation in Brazil: Pressure on the Growth Model
While SAGSE reflects the region’s potential, regulatory developments highlight the challenges — particularly in Brazil.
The focus is on Bill 1172/2026, introduced by Congresswoman Tabata Amaral, which proposes a total ban on betting advertising in the digital environment.
The measure covers:
- websites
- applications
- social media
- video platforms
If approved, the impact would be structural.
The current user acquisition model — heavily reliant on performance marketing and paid traffic — would be nearly dismantled.
Companies would have to rely exclusively on organic traffic.
This would effectively end:
- targeted advertising
- large-scale acquisition campaigns
- content boosting
- algorithm-driven strategies
Additionally, communication on owned channels would also be restricted.
The bill requires:
- warning messages
- financial risk alerts
- responsible gambling content
The justification is centered on public health.
The proposal references the World Health Organization (WHO), linking gambling advertising to debt and psychological disorders.
Government Opposes Total Ban
Despite legislative pressure, the Brazilian government has taken a different stance.
The Secretariat of Prizes and Betting (SPA) argues that a total ban could have the opposite effect.
According to the regulator, advertising is essential for distinguishing legal operators from illegal ones.
Without it, users could be pushed toward the black market.
This highlights a key point: Brazil’s regulatory framework is still evolving, seeking a balance between consumer protection and market sustainability.
Argentina Blocks Polymarket and Tightens Control
Meanwhile, Argentina has taken concrete enforcement action.
A Buenos Aires court ordered the blocking of Polymarket, one of the world’s leading crypto-based prediction market platforms.
The decision includes:
- blocking the website nationwide
- removing apps from Google and Apple stores
- technical intervention at the ISP level
The main argument was lack of control.
Authorities stated that the platform operated as a disguised betting system, without identity or age verification.
The case intensified following suspicions of insider trading, after unusual activity linked to inflation data before its official release.
A global trend
This is not an isolated case.
Polymarket already faces restrictions in several European countries, signaling a broader global trend toward tighter regulation.
In Brazil, the issue is already under review.
The SPA has confirmed it is analyzing this type of platform, suggesting further regulatory developments ahead.
Innovation and Positioning in the Sector
Despite regulatory pressure, the industry continues to evolve.
The EDScript hackathon, promoted by Esportes da Sorte, aims to drive innovation through the development of new technological solutions.
Meanwhile, the Kaizen Foundation announced a social initiative in partnership with TETO Brasil, focused on building 120 homes for vulnerable communities.
These initiatives show a sector seeking to balance growth with social responsibility.

Brazil: Betnacional and Superbet expand strategies
On the commercial front, two operators stood out:
Betnacional strengthens its presence in football
The company announced:
- master sponsorship of Athletic
- expansion of its agreement with Sport
- investment in women’s football
The strategy focuses on diversification and long-term brand positioning.
Superbet Targets New Audiences
Superbet announced Kelvin “K9” Oliveira as a brand ambassador within the Kings League ecosystem.
The company is aiming to connect with younger audiences through digital entertainment and content creators.
This reflects a broader shift in iGaming marketing strategies.
This week provides a clear snapshot of the iGaming landscape in Latin America.
On one hand, there is growth, professionalization, and regional integration.
On the other, increasing regulatory pressure and the need for adaptation.
Companies that can balance expansion, compliance, and innovation will lead the next phase of the market.
The message is straightforward: the future of iGaming in LATAM will be defined not only by growth, but by the ability to navigate an increasingly complex regulatory environment.
The post iGaming LATAM: SAGSE Leads the Agenda as Regulation Tightens and Operators Expand in Brazil appeared first on Americas iGaming & Sports Betting News.
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