secwatch.observer — SEC 8-K summary
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Issuer:     VIP Play, Inc. (VIPZ)
CIK:        0001832161
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001493152-24-043954
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VIP Play signs multi-year sportsbook deal with Kambi Group; $480k upfront payments plus revenue share
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224043954/0001493152-24-043954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832161/000149315224043954/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-043954

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer