Paula Cara Farcas will assume the position as Colossus Bets’ CEO, filling the role upon the upcoming departure of David O’Reilly. Taking over from the outgoing O’Reilly, Farcas will vacate her position as CTO, with Alberto Zuin subsequently filling this vacancy from his current position of CIO and CISO. Meanwhile, Laurence Jones, the company’s Head of Product, will be promoted …
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Colossus Bets has filed a US Patent lawsuit against DraftKings in relation to the infringement of its Cash-Out product. The lawsuit has been filed with the District Court of Delaware and sees Colossus accuse DraftKings of infringing seven patents across sports betting and gaming products that are incorporated within its Cash-Out feature. Global law firm DLA Piper will represent Colossus …
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Colossus Bets has confirmed via a Linkedin update that company founder and Chief Executive Officer Bernard Marantelli has ended his tenure of leading the ‘super pools’ betting technology provider. David O’Reilly, Colossus Bets’ founding Chief Operating Officer, will succeed Marantelli as company chief executive. He will be supported by the promotion of commercial lead Eva Karagianni-Goel (Chief Commercial Officer), who …
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Bernard Marantelli, CEO and Founder of Colossus Bets, has agreed a five-figure sponsorship deal with the Greyhound Grand National. It comes after Central Park promoter Roger Cearns admitted that this year’s event was in danger of not being staged after an intended sponsor pulled out due to the threat of the competition being staged behind doors. Commenting on the sponsorship …
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Following the decision to move greyhound racing behind closed doors, pool betting operator Colossus Bets has backed a number of kennel sweepstakes events at Central Park. Starting next week, heats will be staged on the Kent track’s SIS-covered Monday and Tuesday cards with the finals live on RPGTV on Sunday night. The operator was initially due to sponsor the longstanding …
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Racing content and data provider Sports Information Services (SIS) has inked a new partnership with Colossus Bets, which will deliver British greyhound racing jackpots to operators across the world. As part of the new partnership, Colossus Bets will offer jackpots on British greyhound meetings, which will include mainstay features of minimum prize guarantees, Cash Out and Syndicates. Bernard Marantelli, Colossus’ …
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Pool betting markets supplier Colossus Bets has confirmed a new long-term licensing agreement that will allow bet365 to utilise its extensive cash-out patent portfolio in the US market. The linkup follows Colossus’ considerable expansion in the country, with the firm being granted 12 patents in the US, adding to a host it has been granted globally. These include cash-out on several gaming …
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Colossus Bets, a supplier of next-generation pool betting markets, has announced a further major US coup, after confirming that simulcast racing services provider AmWest Entertainment (AmWager) will become the first US-licensed racing incumbent to offer cash-out capabilities. Maintaining multiple US racetrack partnerships, AmWest offers an extensive range of ‘Advanced Deposit Wagering ADW’ provisions for US racing customers. Beginning with UK and …
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Betsson AB European racing property RaceBets has moved to strengthen its customer engagement dynamics, integrating Colossus Bets jackpots market capabilities. Moving forward, RaceBets customers will be able to wager on new Colossus multi-leg pools markets, boosting their RaceBets daily raceday coupons. Acquired in 2016 by Stockholm listed Betsson AB for €34 million, RaceBets offers European racing’s most comprehensive wagering portfolio featuring …
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Colossus Bets, the supplier of next-generation pool betting markets, has announced that it will significantly boost its active US profile, having secured a totalizator licence granted by the Oregon Racing Commission (ORC). The licence will allow Colossus Bets software to be integrated within the ORC totalizator network, making Colossus’ lotto-sized pools jackpots inventory available to ORC syndicated betting operators. Updating …
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