Agreement with Virtus Sports will enable Kambi to offer a high-quality and complementary virtual sports betting product to operators  

Kambi Group plc has made a strategic investment in gaming start-up Virtus Sports, an agreement which will enable Kambi to offer a high-quality virtual sports product to its growing customer base.

The deal has seen Kambi take just over a 25% stake in Virtus Sports, with the £500,000 (€565,000) investment paid in full from Kambi’s net cash, which as of 31 December 2017 was €26.9m.

Founded in 2014 and with offices in Malta and the UK, privately-held Virtus Sports delivers betting opportunities across a wide range of virtual sports, including football, horseracing, greyhounds and motor sport.