Kambi extends platform agreement with PENN to December 2025.

Kambi, a company that helps casinos with sports betting, has decided to continue working with PENN Entertainment until 2025.

They were supposed to stop in 2024, but they've extended the contract. Kambi will keep providing sports betting technology for PENN casinos in 13 states.

Also, they will get a share of the revenue from PENN sports betting. Kambi CEO is happy about the deal and promises to keep supporting PENN.