SBC News Voice of the Sports Betting Industry
Sports betting jackpots specialist Colossus Bets has entered the online casino market with the release of its ‘Colossus Fracpot’ slot machine in collaboration with CORE Gaming.
The slot is the first to feature a partial cash-out mechanism, and will make its debut on Sky Vegas with a £1 million jackpot prize.
Colossus Bets stated that the feature was a game changer for the online casino market, deisigned to change the ‘all or nothing’ experience for slot players.
Fracpot will enable players to cash-out their position between reels being resolved, including the option to cash-out in parts and thus continuing to play for a part of the jackpot prize.
Commenting on the release Bernard Marantelli, Founder and CEO of Colossus Bets said
“Partial cash-out has become a sports betting juggernaut, with industry leaders such as Bet365 and Paddy Power this year following the lead set by Colossus Bets when launching our sports pools with the feature in 2013.”
“We believe that the application of partial cash-out to other gaming verticals will have a similarly transformational impact. The Colossus slot is the first in what will be a series of gaming products enabling players to bank profits as they progress through a game.”
Daniele Phillips, Head of Casino Marketing at Sky Betting & Gaming said: “We are really looking forward to launching a slot that could appeal to our large base of sportsbook customers actively using cash-out at Sky Bet. It gives us great cross-sell potential.”
