Kambi and Peruvian operator Olimpo.bet have signed a new multi-year agreement extending their sportsbook partnership, the companies confirmed on Monday 28 September. Under the renewed deal, Olimpo.bet will continue to run on Kambi’s Turnkey Sportsbook, a platform Kambi describes as a high-performance, fully managed offering tailored to local player preferences.
The extension builds on a relationship that dates back to 2021, when Olimpo.bet first launched with Kambi as its sportsbook technology provider. Neither company disclosed the value or exact duration of the new contract.
Kambi and Olimpo.bet extend sportsbook agreement
The renewal means Olimpo.bet will continue using Kambi’s Turnkey Sportsbook. Kambi says its offering includes pricing and trading capabilities, advanced risk management and differentiation tools, supporting partners competing in regulated markets across the region.
That kind of long-run platform continuity matters in a region where sportsbook margins increasingly hinge on product depth rather than marketing spend alone, a dynamic sportsbooks are increasingly leaning on for real growth as in-play and micro-betting features become table stakes. Neither party detailed specific product additions coming under the new agreement, and the announcement did not reference any expansion of the partnership beyond Peru.
Kambi’s continued Latin American sportsbook presence
Kambi frames the extension as reinforcing its position in Latin America, a claim the supplier makes about its own market standing rather than an outcome verified by an independent ranking. The company also characterises Olimpo.bet as a local operator with a strong grasp of its market and player base. Olimpo.bet says Kambi’s Turnkey Sportsbook has allowed it to deliver an experience that resonates with Peruvian players and supports strong engagement.
How that plays out commercially depends heavily on execution at the trading and pricing level, an area where suppliers and operators alike are under growing scrutiny, a point explored in a recent look at the art of bookmaking. Peru’s regulatory environment for online betting has continued to formalise in recent years, though the specifics of that framework sit outside the scope of Monday’s announcement and were not addressed by either company.
For now, the deal simply locks in continuity: Olimpo.bet keeps its existing sportsbook technology stack, and Kambi keeps one of its longer-tenured Latin American partners on its books for another multi-year term.
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