Kambi Enters Nevada with 10-Year Station Casinos Sportsbook Partnership
A supplier win on paper, but one that opens Kambi’s toughest and most credible US market.
Kambi Group plc has signed a 10-year agreement with Station Casinos LLC to power its retail and online sports betting across Nevada, marking the supplier’s first entry into the state and its best-known gambling hub, Las Vegas. On paper it’s a routine commercial announcement. Look closer, though, and the market it opens and the product milestone it carries make it heavier than the average supplier deal. It also lands at a point where Kambi’s numbers have been moving in the right direction, its most recent quarter saw revenue climb sharply, a run of form detailed in our report on Kambi’s Q2 revenue reaching €45.9m as EBITA jumped 102%, and a Nevada entry gives that momentum somewhere new to run.
Why the Nevada entry matters now
Nevada is the market every sports betting supplier measures itself against. Kambi secured its Nevada licence in 2025, and this deal turns that licence into a live deployment. Werner Becher, CEO of Kambi Group, called the state “widely known for being the gold standard of gaming and sports betting regulation”, and simply clearing that bar is a credential Kambi can now carry into every future US conversation. Arriving through an established local operator, rather than cold, only sharpens the point.
What the deal actually involves
Kambi will deliver a fully integrated omni-channel solution across retail and online, built specifically for the Nevada market. It pairs the company’s Turnkey Sportsbook and pari-mutuel Racebook with its in-house PAM platform, tied together by a single wallet that links betting at the counter and on the phone. Station Casinos will run the Turnkey Sportsbook behind its STN Sports mobile app, with wagers earning rewards toward players’ property-wide Boarding Pass loyalty accounts. Becher framed the agreement as Kambi’s “first state-wide deployment of our fully integrated Turnkey Sportsbook and PAM solution”, which makes it a product milestone, not just a new logo on the roster.
The operator read
For Station Casinos, the logic comes down to reach. Founded in 1976, it is Nevada’s leading off-Strip operator and the business that pioneered the Las Vegas ‘locals casino’ model. Alongside parent Red Rock Resorts, Inc., it runs more than 20 properties across the Las Vegas Valley — Red Rock Casino Resort Spa, Green Valley Ranch and Durango Casino & Resort among them — with over 95% of the local population living within five miles of one of its sites. Its footprint already stretches on-Strip through STN Sports, which manages the retail book at Treasure Island and runs sports betting at Fontainebleau Las Vegas, plus third-party books at El Cortez, CasaBlanca Resort and Virgin River in Mesquite. Jason McCormick, Vice President of Race and Sports for Station Casinos, said the operator was “committed to providing a reliable, engaging, and seamless experience that meets the evolving needs of our players.”. That player-first framing fits a wider push at the operator to modernise how it presents itself, seen recently when Station Casinos unveiled a new brand identity for its 50th year. For Kambi, all of that adds up to a dense, loyal database to plug its network intelligence into.
The caveat worth naming
The financial upside is real but measured. Kambi expects a mid-single-digit-million euros impact, and only from 2027 onwards, this is a long build, not a quick revenue bump. As a first-in-market deployment in a bespoke regulatory setting, the risk sits on delivery: rolling out an omni-channel, single-wallet system across 20-plus properties and a mobile app is a serious integration job, and the reputational weight of a Nevada launch cuts both ways.
What this partnership sets in motion
The ten-year term tells you both sides are building for the long haul, and the “first state-wide integrated deployment” framing points to Kambi’s real intent: to turn Nevada into a reference case for its full Turnkey-plus-PAM stack and carry it into other US states. In the near term, the deal sets three things in motion, the on-property rollout across Nevada, the launch of the Turnkey-powered STN Sports app, and the single wallet that finally joins Station’s retail and online betting into one account. Land those cleanly in the market Kambi itself calls the gold standard, and the credential earned is likely to open more doors than the 2027 revenue line ever will.
Source: Kambi
