Connect with us
SOFTSWISS

Latest News

Betfair NJ partners with GAN & Colossus Bets to introduce cash-out to US gaming audiences.

Published

on

Reading Time: 3 minutes

Betfair announces the arrival of the Colossus Fracpot, the world’s first cash-out slot, to its New Jersey site. The US giant has partnered with leading gaming provider Game Account Network (GAN) and cash-out pioneer Colossus Bets, bringing cash-out to the US market for the first time ever across any gaming vertical.

Where traditional slots are designed to be an ‘all or nothing’ experience, Colossus Fracpot enables players to cash out their position and bank profits in fractions after each reel resolves. Cash-out functionality delivers phenomenal engagement figures with 91% of players offered a cash-out accepting the offer and 83% of those accepting, cashing out 50% or more of their ‘position’. When Colossus Fracpot was first introduced on Sky Vegas in 2015, it became Sky’s second biggest grossing game for that quarter.

Lorcan Kelly, Director of Betfair Casino in NJ said: “We are excited to bring an innovative new slot product to the NJ Casino market with Colossus Fracpot. We feel the Cash Out feature is one that is easy for customers to pick-up and will appeal as a unique, never seen before, product offering in the US”

Tom O’Halleran, Product Director of GAN said: “Working with Colossus Bets to bring this new slot concept to the New Jersey market has been a great experience. Cash Out is a feature that puts control of the game in the players hands, letting them make choices while the reels are still spinning, driving player engagement and stickiness to have them coming back again and again.”

Bernard Marantelli, CEO and founder of Colossus Bets said: “We are thrilled to be bringing Cash Out into the US and even more so with Betfair, a long-standing and successful partner in the UK and we now look forward to expanding that partnership across the Atlantic. We are also extremely excited to team up with GAN on the delivery of this innovation and we look forward to the next phase of our collaboration in the US and throughout Europe.”

 

About Betfair New Jersey

BetfairCasino.com is the New Jersey offering from Paddy Power Betfair, one of the largest European Sports betting and gaming companies. Launched in October 2013 when iGaming became legal in the state of New Jersey, Betfair has seen marked success since launch, building its brand recognition and competing online against the biggest bricks and mortar brands in the market.

Betfair Casino offers a best in class product with a wide array of online slot and table game content, including the recent launch of Live Dealer, together with excellent customer service and promotional offerings. The casino business is part of the US arm of the Paddy Power Betfair group, which consists of TVG,  a horseracing TV channel and pari-mutuel online betting network active in 35 states, a horse-racing Exchange in New Jersey and the recently acquired DFS product; PlayDraft.com. Together, these operations hold a strong position in the nascent US online betting market

For further information please visit https://www.betfaircasino.com/

Neil Halstead (Casino Product Manager)

[email protected]

 

About GAN

GAN is a leading developer and supplier of enterprise-level Business to Business gaming software systems and online gaming content. GAN is listed on the ESM Market of the Irish Stock Exchange and the AIM Market of the London Stock Exchange under the ticker: GAN

The Company has developed an Internet gaming enterprise software system, GameSTACK™. The Internet Gaming System, developed in London under a UK Gambling Commission license, is certified to the highest technical standards currently required by gaming regulators.

GAN has an established business in Europe, licensing gaming content to major European gaming operators including Bet365, Betfair PaddyPower, William Hill, Rank, Lottomatica, Sisal and SNAI. In the United States for real money Internet gaming, GAN has partnered with Betfair Plc to provide its Internet Gaming System following the introduction of regulated real-money online gaming in New Jersey in November 2013.

For further information please visit www.GAN.com

Dermot Smurfit (Chief Executive Officer)

[email protected]

 

 

About Colossus Bets

Colossus Bets is a multi-award-winning betting operator that pioneered Cash Out and has been granted a series of patents in relation to the functionality across all forms of betting and gaming in the USA and globally. The firm’s product range includes Colossus sports pools, the world’s largest sports jackpots; the Colossus Fracpot, the world’s first cash-out slot; FreePlay+, an innovative ‘free bet’ marketing platform and more recently; Colossus Syndicates, a crowdfunding extension of the core sports pools offering.

Since its launch in 2013, Colossus has distributed more than £80 million in prizes and has gone live with over thirty B2B partners, including Betfair, Betclic and Betway Africa.

For further information, please visit corporate.colossusbets.com

Bernard Marantelli (CEO and Founder)

[email protected]

Advertisement

Kasynos.Online




PINUP CASINO


Prague Gaming & TECH Summit 2024

Latest News

Germany Becomes Latest Jurisdiction to Partner with TPD

Published

on

Reading Time: 2 minutes

 

Deal with German Tote sees race tracking and data monetisation available across thoroughbred and harness tracks in Germany

German Tote has selected Total Performance Data (TPD), the world’s leading live horse racing data provider, for race tracking and data monetisation across all 19 thoroughbred racecourses and several harness tracks, starting at Berlin’s Hoppegarten for the beginning of its turf season in late March.

German Tote recognises the numerous ways in which horse tracking can enrich the sport, with live running orders displayed on racecourse big screens a significant aspect of its appeal. TPD is also tasked with providing data feeds and in-play odds to bolster engagement and betting turnover.

In addition to showcasing live race graphics, German racing punters will gain insights from state-of-the-art sectional timing and stride data that TPD delivers.

The deal means that renowned races such as the Deutsches Derby and the Grosser Preis von Berlin will now join prestigious events like the Dubai World Cup, Ascot, the St Leger, Melbourne Cup and Breeders’ Cup within the comprehensive racing data portfolio of TPD and follows the news of the recent announcement of the merger between TPD and Australasia’s largest live racing data company, tripleSdata.

“After a careful review and trials of different systems, like many others, we chose TPD,” the Managing Director for German Tote, Riko Luiking, said. “It has a great system, significant experience and represents value for money. We have also been impressed with its hardware partner, GMax, who is already underway and expecting to have all 19 racecourses live by August.”

“We’re so pleased to welcome German Tote and German racing after over a year of work between both teams,” the Chief Executive Officer for TPD, Will Duff Gordon, said. “It’s important to produce in-race performance metrics to boost interest in German horse racing, especially its classics, with breeders, punters and horsemen ready to act on the content.

“On the back of our recent merger with tripleSdata, it’s great to keep up the momentum as we surpass 120 worldwide racecourses.”

Continue Reading

Latest News

Issuance of Common Bond Loan

Published

on

Reading Time: 2 minutes

The Athens Stock Exchange welcomed today representatives of the Management team, senior executives, and partners of INTRALOT on the occasion of the commencement of trading of its corporate bond on the Main Market of the Athens Stock Exchange. INTRALOT’s Chairman and CEO, Sokratis Kokkalis, declared the commencement of trading by ringing the traditional bell.
Mr. Yianos Kontopoulos, CEO of the Athens Exchange Group, welcomed INTRALOT’s Management team and highlighted the company’s successful Public Offering, from its entry into the Parallel Market of the Athens Stock Exchange in 1999 to the present day: “INTRALOT’s journey to the Athens Stock Exchange began 25 years ago, in November 1999, when the company was listed on our Parallel Market with a market capitalization of approximately €220 million. Today, with a market capitalization of €720 million, it is one of the companies listed on the Main Market. Since last November, INTRALOT has been included in the composition of the FTSE/Athex Mid Cap Index with the highest participation (12.2%) among the 20 companies in the index. With the successful completion of a €135 million share capital increase in October 2023 and today’s issuance of its €130 million corporate bond, INTRALOT is demonstrating its confidence in the important role the stock market can play as a lever to raise capital for business development.”
The Chairman and CEO of INTRALOT, Mr. Sokratis Kokkalis stated: “INTRALOT is a company that produces technology in Greece and has been operating successfully for many years in a highly competitive global environment, including the US, where we have had a strong presence for twenty years. I would like to thank the Greek investment community that participated in the recent Bond Issue and everyone who contributed to this success. Our company is moving forward, focusing on growth opportunities and strategic partnerships that leverage our extensive experience and proven next-generation technology in a digital world.”
On her part, the Vice-Chair of the Hellenic Capital Market Commission, Mrs. Natassa Stamou, noted: “During its 25 years on the Athens Stock Exchange, INTRALOT has always confirmed the value of being listed on the stock exchange, using the financial tools available and raising capital through the issuance of shares and bonds for the benefit of investors and the market. INTRALOT’s outward-looking
approach and presence in various jurisdictions highlights and promotes the potential of raising capital in Greece. The successful issuance of its bond is further evidence of INTRALOT’s strong confidence in the Greek economy and market.

Continue Reading

Latest News

ITV Studios deal unlocks more huge brands for Jogo Global

Published

on

Reading Time: < 1 minute

Jogo Global, the mobile and land-based platform provider and game content developer, has sealed a landmark deal with ITV Studios, gaining access to huge entertainment brands including The Voice and Hell’s Kitchen.

The collaboration agreement sees IP from many of ITV Studios’ leading shows, including global hits Love Island and I’m a Celebrity… Get Me Out of Here! available to add to Jogo Global’s hugely popular collection of Fast Games.

The Fast Games category is a new and novel vertical of casino games, developed by Jogo Global for online, mobile and land-based platforms. Fast Games are immersive multiplayer products, packed with social and community engagement tools and featuring a wide range of highly engaging game concepts, such as Crash, Double, Mines, Pick and Pull Tabs.

David Marcus, CEO of Jogo Global, said: “The start to 2024 has been incredibly positive for Jogo, and nothing has thrilled me more than this hugely significant deal with ITV Studios.

“The Fast Games category continues to go from strength to strength and to be able to build new titles around the IP of shows such as The Voice and Love Island is very exciting. We cannot wait to bring these games to market.”

Steve Watling, SVP Gaming, Global Partnerships, ITV Studios added: “The team at Jogo Global has a track record for taking highly valued IP and combining it with clever concepts to deliver compelling gaming experiences and this collaboration, alongside global operators, will open opportunities in new and established markets.

“We are not only happy to trust Jogo with some of our most valued brands, but we cannot wait to see the games.”

This latest deal with ITV Studios strengthens Jogo Global’s collaborations with world leading entertainment IP and brands.

Continue Reading
Advertisement
Alpha Affiliates
Advertisement

EveryMatrix

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Advertisement

GambleDex

Trending

Get it on Google Play

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.