other material
confidence high
sentiment positive
materiality 0.70
VIP Play signs multi-year sportsbook deal with Kambi Group; $480k upfront payments plus revenue share
VIP Play, Inc.
- VIP Play entered a 4-year sports betting solution agreement with Kambi Group (via Sports Information Services).
- Total upfront payments of $480k ($240k now + $240k at first live launch).
- Revenue share fees of 10% to 14% of net gaming revenues.
- Partnership covers Tennessee (current ZenSports operation) and future US states.
- VIP Play will use Kambi's Turnkey Sportsbook alongside its proprietary technology.