Kambi Signs Odds Feed+ Deal With RETABET for Spain and Peru

Kambi Group plc has signed a multi-year Odds Feed+ partnership with RETABET Group, giving the Spanish and Peruvian sportsbook operator access to Kambi's full traded odds library through a single API integration into RETABET's own proprietary platform. The deal, announced July 21, 2026, is the latest in a string of Odds Feed+ signings for the Swedish listed supplier this year, following agreements with Superbet, FDJ United, ComeOn Group, Hard Rock Bet and Rei do Pitaco, and it comes days after Kambi reported Q1 2026 revenue of 43.5 million euros.

• RETABET was founded in 2002 and operates an established online and retail sportsbook in Spain alongside a fast growing omnichannel presence in Peru, according to the operator's own account of the deal reported by iGaming Future (July 21, 2026).
• Kambi reported Q1 2026 revenue of 43.5 million euros, up 4.9 percent year on year, with adjusted EBITA up 63.5 percent to 5.7 million euros, per the Kambi Group plc Q1 2026 report.
• Kambi CEO Werner Becher said more than 60 percent of Q1 2026 bets were priced and traded by artificial intelligence, according to the same Q1 report.
• Kambi's Odds Feed+ pricing draws on the processing of billions of bets a year and 17 billion euros in global liquidity, per iGaming Future's report on the RETABET deal.

What does the Kambi and RETABET agreement actually cover?

The agreement gives RETABET access to Kambi's complete traded odds library, delivered through a single API into RETABET's own proprietary sportsbook platform rather than a full turnkey Kambi sportsbook. That structure is the core of the Odds Feed+ product, which lets an operator keep its own front end, player accounts and risk book while buying in Kambi's pricing, trading and settlement of odds, including AI powered enhancements and low latency delivery sourced from official data feeds.

Who is RETABET and which markets does it operate in?

RETABET Group is a Spanish sports betting operator founded in 2002 with an established online and retail presence in Spain and a fast growing omnichannel footprint in Peru, two markets where it has built out both digital and physical betting points over more than two decades. RETABET has also worked with other suppliers in the past, including a long running esports and virtuals partnership with SIS across Spain and Latin America, showing a pattern of adding specialist content and pricing partners rather than building every product layer in house.

Why is Odds Feed+ central to Kambi's strategy right now?

Odds Feed+ matters to Kambi because it is now the product line generating the company's fastest new business momentum, evidenced by signings with Superbet, FDJ United, ComeOn Group, Hard Rock Bet, Rei do Pitaco and now RETABET inside roughly twelve months. Unlike Kambi's legacy turnkey sportsbook business, Odds Feed+ sells only the pricing and trading layer, which lets Kambi add operators faster since it does not require a full platform migration, and CEO Werner Becher has repeatedly tied the product to the company's push into AI assisted trading, saying more than 60 percent of Q1 2026 bets were priced and traded by AI.

How big is Kambi as a supplier and what do its results show?

Kambi is a Nasdaq Stockholm listed supplier that reported 43.5 million euros in revenue for the first quarter of 2026, up 4.9 percent year on year, with adjusted EBITA climbing 63.5 percent to 5.7 million euros and operating margin improving to 9.7 percent from 2.0 percent a year earlier. Werner Becher described the quarter as "a strong start to the year" that "underscores the increasingly positive trajectory the business is now on," a result the company credited partly to continued Odds Feed+ momentum and an expanded ATP tennis integration.

Operator	Market focus	Product signed	When announced
RETABET Group	Spain, Peru	Odds Feed+	July 2026
Superbet Group	Europe, Latin America	Odds Feed+ (long term)	2026
FDJ United	France and international	Odds Feed+ (expanded)	2026
ComeOn Group	Europe	Odds Feed+	February 2026
Hard Rock Bet	United States	Odds Feed+ (first major US deal)	2025 to 2026
Rei do Pitaco	Brazil	Odds Feed+	2024

What do the two companies say about the deal?

Kambi Group CEO Werner Becher said: "We are very pleased to agree this partnership with RETABET and welcome the opportunity to work closely with such an experienced and ambitious team." RETABET chief operating officer Igor Extremo said: "At RETABET we are always looking for ways to enhance our offering to our players across Spain and Peru," framing the deal as a way to sharpen pricing rather than change the operator's own platform or brand.

Does this change how RETABET's sportsbook works for players?

Players will not see a new sportsbook or app, since RETABET keeps its own proprietary platform and brand and simply plugs Kambi's odds in behind the scenes. The visible change, if any, should be in the depth and speed of the betting markets on offer, since Odds Feed+ is built to widen market coverage and sharpen in play pricing using Kambi's own trading data across the events it already prices for other partners.

Why do operators choose Odds Feed+ instead of a full Kambi sportsbook?

Operators pick Odds Feed+ when they already have a working proprietary platform and only want to outsource the hardest part, pricing and trading odds accurately at scale, rather than replatforming entirely. That is the same logic RETABET applied when it previously brought in SIS for esports and virtuals content instead of building those products internally, and it explains why Kambi has been able to sign operators as different as a Brazilian sportsbook, a US regional operator and a two decade old Spanish brand onto the same underlying product inside about two years.

What does the deal signal about the Spain and Peru betting markets?

A twenty plus year incumbent like RETABET investing in third party odds pricing for both Spain and Peru signals that competition in those markets is pushing operators to sharpen their in play and pre match pricing rather than compete on brand and marketing alone. Spain has a mature, tightly regulated online betting market, while Peru's regulated online betting and gaming framework is newer and still growing its omnichannel retail and digital mix, so the same odds infrastructure now has to perform across a saturated market and an emerging one at the same time.

What happens next for Kambi's Odds Feed+ rollout?

Kambi has signalled it expects further Odds Feed+ growth following its recent ATP tennis integration and the run of signings through 2026, and the RETABET deal is described as multi year, meaning both companies are committing to ongoing integration work rather than a short trial. The next milestones to watch are Kambi's next quarterly results, where analysts will look for whether Odds Feed+ revenue keeps outpacing the legacy turnkey sportsbook business, and any confirmation of a live date for the RETABET integration.

Frequently asked questions

What is Kambi's Odds Feed+ product?

Odds Feed+ is Kambi's premium odds supply product, delivering actively managed, AI enhanced traded odds through a single API into an operator's own proprietary sportsbook platform, rather than a full turnkey sportsbook.

Which markets does RETABET operate in?

RETABET Group, founded in 2002, operates an established online and retail sportsbook in Spain and a growing omnichannel sportsbook presence in Peru.

Is Kambi a public company?

Yes. Kambi Group plc is listed on Nasdaq Stockholm and reported first quarter 2026 revenue of 43.5 million euros, up 4.9 percent year on year.

Which other operators use Kambi's Odds Feed+?

Kambi has signed Odds Feed+ agreements in 2026 with Superbet Group, FDJ United, ComeOn Group and now RETABET Group, alongside earlier deals with Hard Rock Bet in the United States and Rei do Pitaco in Brazil.

Will RETABET change its sportsbook platform?

No. RETABET keeps its own proprietary sportsbook platform and brand, and integrates Kambi's odds feed behind the scenes through a single API.

Updated July 2026.