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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Sports prediction games developer Network Gaming has received funding of £1.25 million from a raft of investors, including some major names in the betting and igaming industry. Participants in the funding round include Betfair Co-Founder Andrew Black, Colossus Bets CEO David O’Reilly and TX Odds CEO Einar Knobel. Additional investors include Sandford Loudon, a partner at financial consultancy firm Oakside …
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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 soft-launched ‘Match Predictor’ – a new pool type enhancement to boost its product portfolio for sportsbook customers. Announced as a ‘market first’, Match Predictor will see Colossus bring popular ‘bet-builder’ functionalities to its flagship multi-leg jackpot pool markets, featuring guaranteed prizes. The enhancement will allow sportsbook customers to select a range of bet types such as correct …
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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, the supplier of next-generation betting pools and global sports jackpots, has announced the formal launch of its ‘Conscious Colossus’ charitable campaign. The betting technology group underlines a commitment to supporting ‘three nominated charities’; Alive and Kicking, the Greyhound Trust and YGAM, with ‘Conscious Colossus’ covering critical causes from the advancement of sports within communities to responsible gambling education and …
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