DraftKings and Kambi agree to cooperate on DraftKings' planned migration

(PRESS RELEASE) -- DraftKings Inc. and Kambi Group plc today announced that they have reached an agreement to mutually support and cooperate on DraftKings’ planned migration from Kambi’s back-end platform services to the SBTech sports betting and iGaming platform.

The parties agreed to a termination date of 30 September 2021; however, DraftKings is permitted to leverage its proprietary technology prior to then.

“Kambi has been a collaborative partner and was instrumental in DraftKings being first to market in New Jersey with our sportsbook,” said Paul Liberman, DraftKings President of Global Technology and Product. “We appreciate the efforts they have made, and will continue to make, in helping to ensure a smooth migration for us as we move on to our own platform.”

DraftKings and Kambi have also agreed that DraftKings will take additional steps during the transition period to safeguard Kambi intellectual property, ensuring a secure and efficient transition for both parties.