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 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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Colossus Bets, supplier of next-generation pool betting markets has expanded its European profile agreeing on a jackpot partnership with Slovenian state-owned national lottery and sports betting operator Športna Loterija. The agreement will see Športna expand its jackpot capacity, deploying Colossus entire multi-€ product portfolio. The agreed deal will see Colossus jackpot network will expand across Športna’s online and retail network. …
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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 has unveiled a new partnership with gaming company Pivit to develop and distribute NFL Fantasy pools. The new pools will leverage the popular MVP fantasy sports format and Colossus’ unique features, including lottery-size prize guarantees, cash out technology, on which Colossus has patent protection in the US, and crowdfunded syndicate tickets. The deal will further expand Colossus’ portfolio …
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British racecourses and Colossus bets has announced a partnership that aims to enhance the future pool betting offering on British Racing. This arrangement between the Project Steering Board and Colossus Bets will ensure that customers have access to an innovative portfolio of bets, including cash out opportunities, access to the ‘Syndicates’ platform provided by Colossus Bets and six and seven figure …
Read More »Following a busy 10 month period Colossus Bets’ Chief Operations Officer David O’Reilly reviews the 2014/2015 football season from a business perspective, detailing operational learnings and commercial highlights for the Mega Football Jackpots operator, who are bringing much needed game and market innovation to the online sports betting industry. ________________ Looking back on the football season which has just finished, these are …
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Having been in full operations for just under a year, sports betting mega jackpots start-up Colossus Bets has become one of the leading start-ups in igaming. 2014 has seen Colossus Bets integrate its pool betting services with sports betting operators Betfair, BETDAQ and Boylesports, as this fast moving new comer to igaming has processed more than £5 million in pool wagers. …
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