Olimpo.bet extends Kambi sportsbook deal in Peru’s regulated betting market

Olimpo.bet has extended its sportsbook technology partnership with Kambi through a new multi-year agreement covering its operations in Peru. The renewal keeps Kambi’s Turnkey Sportsbook at the center of the operator’s sports betting service as the Peruvian market continues to develop under a formal regulatory framework.

The agreement continues a business relationship that began in 2021 when Olimpo.bet launched with Kambi’s sportsbook technology. Since then, the relationship has remained focused on supporting sports betting operations for the Peruvian market while allowing the operator to use a managed technology infrastructure rather than building every sportsbook function independently.

Olimpo.bet renews long-term technology relationship

The renewed agreement gives Olimpo.bet continued access to Kambi’s Turnkey Sportsbook. The solution brings together several core functions needed to operate a modern sportsbook, including pricing and trading capabilities, risk management and tools designed to help operators tailor their betting products to specific market requirements.

For Olimpo.bet, the arrangement provides continuity at a time when regulatory compliance, product localisation and technology performance remain important considerations for operators active in Peru. Kambi’s model is designed to combine sportsbook infrastructure with managed services, reducing the need for an operator to manage all technology and trading functions internally.

The length of the new agreement has not been publicly disclosed beyond the description of a multi-year extension. Financial terms have also not been announced. Keeping those details undisclosed means the commercial value and precise duration of the contract cannot be assessed from the public announcement alone.

Partnership dates back to 2021

The relationship between the companies has been established for several years. Kambi announced its original partnership with Olimpo.bet in 2021, identifying Peru as the brand’s initial target market in South America. Kambi’s reporting later confirmed that it had also expanded its relationship with NG Gaming, which operated the Olimpo.bet sportsbook brand across Latin America.

The continuation of the partnership therefore represents an extension of an existing technology arrangement rather than the launch of a new sportsbook relationship. For Olimpo.bet, retaining the same core supplier also provides operational continuity as it develops its offering for Peruvian customers.

Kambi has continued to expand its sports betting technology portfolio in recent years. Its broader offering includes Turnkey Sportsbook alongside products covering odds feeds, managed trading, front-end technology and other sportsbook services. The company has also highlighted an increasing focus on modular products and AI-supported trading capabilities.

Peru remains a regulated betting market

The extension takes place within a clearly defined legal environment. Peru regulates remote gaming and remote sports betting through Law No. 31557, which was later amended by Law No. 31806, with additional rules established through Supreme Decree No. 005-2023-MINCETUR.

The Ministry of Foreign Trade and Tourism, commonly known as MINCETUR, oversees the regulatory framework through the Dirección General de Juegos de Casino y Máquinas Tragamonedas. The authority is responsible for administrative supervision and control of remote games and remote sports betting at the national level.

The regulatory environment is relevant to technology providers as well as operators. Peru requires the relevant platforms and operators to obtain the required authorisations while MINCETUR has procedures covering the authorisation and registration of technology platforms used for remote gaming and sports betting.

The framework also creates a formal structure for enforcement against unauthorised operations. In July 2026, MINCETUR reported blocking 36 platforms that were offering remote games and sports betting services without the required authorisation, demonstrating that regulatory oversight remains an active part of the market.

Kambi highlights local market capabilities

Kambi’s announcement places emphasis on the ability to support operators with technology that can be adapted to local player preferences. This is particularly relevant in regulated markets where sportsbook products must balance commercial requirements with local rules and customer expectations.

Werner Becher, CEO of Kambi Group, said: “Olimpo.bet is a fantastic example of a local hero operator that truly understands its market and players. We are delighted to extend our partnership through this multi-year agreement and to continue powering Olimpo.bet’s growth in Peru. This extension further reinforces Kambi’s leadership in Latin America and our ability to support partners with premium technology that delivers exceptional user experiences and long-term value.”

Becher has served as Kambi’s CEO since July 2024. Kambi’s current corporate governance information continues to identify him as chief executive officer, with the executive responsible for the company’s commercial leadership.

The comments also reflect Kambi’s broader strategy of maintaining relationships with established operators in regulated markets. In its more recent financial updates, the company has continued to report commercial progress across different regions while expanding its sportsbook and technology portfolio.

Olimpo.bet focuses on continuity and growth

From the operator’s perspective, the renewed agreement is positioned as a continuation of a technology partnership that has been in place since the launch of its sportsbook relationship with Kambi.

At the time of the announcement, Manuela Gomez was identified as Commercial Deputy Manager at Olimpo.bet. She said: “Our partnership with Kambi has been instrumental in our success since 2021. Their Turnkey Sportsbook has allowed us to deliver a best-in-class experience that resonates with Peruvian players and supports strong engagement. Extending this relationship ensures we can continue to innovate, grow and reinforce our position as a trusted local brand in an evolving market.”

The statement links the extension to product development, customer engagement and continued expansion. Rather than introducing a completely different technology supplier, Olimpo.bet will continue working with an infrastructure it has already used for several years.

That continuity can be significant for sportsbook operators because major technology changes can involve platform migration, data integration, trading workflows and operational adjustments. A renewed agreement can therefore provide a more stable basis for product development while the operator remains focused on its local market.

Latin America remains an important growth area

The renewed Olimpo.bet agreement also fits into Kambi’s continuing presence across Latin America. The company has previously identified opportunities in markets including Peru, Colombia, Argentina and Brazil while working with operators and brands across the region.

For technology suppliers, Latin American markets can require a combination of scalable infrastructure and local adaptation. Regulatory requirements differ between jurisdictions and operators must also respond to distinct sports preferences, payment environments and customer expectations.

For Olimpo.bet, the focus remains Peru. The agreement enables the operator to maintain its existing Kambi-powered sportsbook while continuing to develop its offering within the country’s regulated framework.

Conclusion

The new multi-year agreement between Olimpo.bet and Kambi extends a sportsbook technology relationship that began in 2021 and keeps Kambi’s Turnkey Sportsbook in place for the Peruvian operation. The deal provides continuity for the operator while reinforcing Kambi’s ongoing commercial activity in Latin America.

With Peru maintaining a structured regulatory system for remote games and sports betting, technology partnerships remain closely connected to operational requirements, market localisation and compliance considerations. The latest extension therefore represents both a continuation of an established supplier relationship and another example of how sportsbook technology partnerships are being maintained within regulated Latin American markets.

FAQs

What is the new agreement between Olimpo.bet and Kambi?
Olimpo.bet and Kambi have agreed to a new multi-year extension that will keep Kambi’s Turnkey Sportsbook powering Olimpo.bet’s sports betting operations in Peru.

When did Olimpo.bet and Kambi first begin working together?
The companies first partnered in 2021 when Olimpo.bet launched with Kambi sportsbook technology in Peru.

What is Kambi’s Turnkey Sportsbook?
Kambi’s Turnkey Sportsbook is a managed sportsbook solution that supports functions such as pricing and trading, risk management and product differentiation tools.

Will Olimpo.bet continue using Kambi in Peru?
Yes. The renewed agreement confirms that Olimpo.bet will continue using Kambi’s Turnkey Sportsbook for its Peruvian sportsbook operations.

How long is the new Kambi and Olimpo.bet agreement?
The companies have described the renewal as a multi-year agreement. The precise duration and financial terms have not been publicly disclosed.

Who is Werner Becher?
Werner Becher is the CEO of Kambi Group. He assumed the position in July 2024 and remains identified as the company’s chief executive officer in its current corporate information.

Who is Manuela Gomez?
Manuela Gomez was identified in the announcement as Commercial Deputy Manager at Olimpo.bet and provided a statement on the renewed partnership.

Is sports betting regulated in Peru?
Yes. Peru regulates remote games and remote sports betting through Law No. 31557, its subsequent amendment and related regulations administered by MINCETUR.

What does MINCETUR do in Peru’s betting market?
MINCETUR, through the Dirección General de Juegos de Casino y Máquinas Tragamonedas, is responsible for supervising and controlling the national regulatory framework for remote games and remote sports betting.

What does the renewal mean for Olimpo.bet?
The renewal allows Olimpo.bet to maintain its established Kambi sportsbook infrastructure while continuing to develop its product and operations in Peru under the applicable regulatory framework.