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The $10,000,000 Colossus goes LIVE in Asia

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Adding to extensive distribution for their lotto-sized sports pools in Europe, Australia and most recently Africa, Colossus Bets today announced the launch of the first operator to go live offering ‘Colossus Football Lottery’ in Asia through its regional partner ONEWorks.

Headlined by the weekly $10,000,000 Colossus, a further series of ONEworks’ licensees will go-live in the coming months, following this week’s release of a flagship licensee, with the world’s biggest sports jackpots for their Asian customer bases.

Bernard Marantelli, CEO of Colossus Bets, said: “On the back of prominent partners in Europe, Australia and Africa, adding the power base of ONEworks is an important milestone for Colossus Bets. ONEworks’ extensive list of Asian licensees will help drive growth into our pools and our momentum as a company.”

“Life changing jackpots on top-tier football with leg-by-leg cash-out is quickly becoming an essential component for any operator seeking to provide its players with the full suite of gaming products. ONEworks is Asia’s leading provider of sportsbook software services and the addition of our football jackpots to their platform will help cement ONEworks’ position as a one stop shop.”

While the ONEworks release in Asia has been in production for many months, this news follows a flurry of B2B activity that has seen Colossus Bets contract with eight new partners in the four weeks since ICE. Separately the firm is focusing on the arrival of three major new operators who are scheduled to be live with its pools in time for the Euro 2016 tournament where Colossus Bets will offer over $70,000,000 of guaranteed pools on that tournament alone.

With rapidly increasing distribution across the globe, Colossus is edging towards its goal of offering a $40,000,000+ pool and becoming the EuroMillions for sports betting.

 

About Colossus Bets

Colossus Bets is a multi-award-winning pool betting operator, offering the world’s biggest sports jackpot bets including the $10,000,000 Colossus. The company’s B2C offering launched in 2013 and since then Colossus Bets has signed over twenty B2B agreements for the distribution of its pools, with live partners including Betfair, Betdaq, Ladbrokes Australia, Matchbook, Tote Ireland and BoyleSports.

Colossus Bets has pioneered partial cash-out and has been granted a series of patents in relation to the functionality across all forms of betting and gaming. This technology has been used to build the world’s first cash-out slot game, the ‘Colossus Fracpot’, which went live on Sky Vegas in September 2015 and is the first of a number of ‘Fracpot’ slots which will be rolled out to a series of other operators in early 2016.

 

For further information, please contact:

 

Bernard Marantelli (CEO and Founder)

[email protected] +44 20 3393 3662

 

ABOUT ONEWORKS™

ONEworks™ offers operators targeted versions of its ONEbook sports-betting platform and associated services to cater to European or Asian markets. Its flexible, straightforward and competitive approach enables it to meet the operational needs of its licensees. In addition to an extremely robust, flexible and secure core sports-betting platform, ONEworks™ offers the market’s leading turnkey solution. Operators can effectively license a fully managed sportsbook, with an extremely broad choice of sports and one of the largest selections of in-play events and markets available anywhere in the industry.

 

For more information, please see www.oneworks.com.

Contact:   [email protected]

 

With an experience of over 8 years in the online gambling industry, as an affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

Conferences

We are sponsoring the prizes at ASEAN Gaming Summit Poker Freeroll

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We are excited to announce our first event sponsorship and we would like to thank our friends at All-In Translations for the opportunity and initiative. As a strategic partner of Asia Gaming Brief (organizers of ASEAN Gaming Summit), the honor is even higher. (see EEGMedia/EEGEvents engages in strategic partnership with Asia Gaming Brief)

It was great to see that All-in Translations will once again host the official poker tournament of the ASEAN Gaming Summit in March and we want to make it even more interesting for the players by giving some prizes on behalf of our company.

The tournament is a freeroll for delegates attending the conference and we will be sponsoring the prize pool with no less than three packages of great value.

Prize 1 (worth $1600): 1 Seasonal ticket for a company representative which includes access to 5 EEGEvents in 2018.

The ticket includes access to the conference/seminar, complimentary lunch and access to all networking sessions.

More details about the events can be found on the official landing page of the events division: www.eegevents.org


Prize 2 (worth $550): Tickets for 2 EEGEvents in 2018 for a company representative. 

The winner can choose from the above list of events.


Prize 3 (worth $900): Featured radio spot for 3 months and interview on iGaming Radio

The player who wins this gets the opportunity to present the company with a radio spot which will be streamed during peak hours on iGamingRadio.comThe radio spot can be created by the representative’s team or by the team at the first online radio dedicated exclusively for the b2b sector of the online gambling industry. A selected representative will also get the chance to take part in the Innovation Talks monthly show and discuss the latest innovation in the industry.

As you may already iGaming Radio is the first online radio streaming gaming related news exclusively through daily shows, interviews and press releases. The aim of the station is to keep its audience connected 24/7 with the online gaming industry by playing awesome music and serving the news first hand.

You can tune in on www.igamingradio.com


About ASEAN Gaming Summit

TECH TRENDS, CONVERGENCE, STRATEGY, RETURN ON INVESTMENT
20-22 MARCH, 2018, CONRAD MANILA, PHILIPPINES

The ASEAN Gaming Summit draws together the region’s leading operators, regulators and suppliers, who are successfully developing the next generation of gaming offerings, both terrestrial and online.

From new-style integrated resorts, addressing the premium mass market, to sports betting innovations and online gaming, this event is for anyone with an interest in this dynamic region.

Mark your calendars for 20 -22 March, 2018.

For any questions about the 2018 conference, send an email to [email protected] or visit the official website www.aseangaming.com

 

About All-In Translations

All In Translations is the only Language Service provider offering such a large variety of languages (70+) combined with a true enthusiasm for iGaming, hence their slogan “We speak your iGaming language”.

They are now a market-leading provider of language services to the iGaming industry. Their high-quality standards and service level are ISO certified and trusted by several of the biggest platform providers, developers, operators and affiliate marketers. The team helps companies like Playtech, William Hill, Betfair, Microgaming, Interblock, Betsson and many more to boost their online presence and grow their brands internationally.

The subject of iGaming has been their bailiwick since the company started up in Malta in 2008, meaning that all their linguists and project managers have both a strong knowledge of and a genuine passion for casino games, poker, sports betting, lotto, bingo, trotting, backgammon, roulette and more.

Visit their official website for more details: www.allintranslations.com

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European regulators to ban binary options and crackdown on spread betting

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European regulators revealed plans to outlaw one of the most popular trading products available to the public.

The European Securities and Markets Authority (ESMA) wants to ban the sale of binary options to retail clients.

The prohibition is part of a wider clampdown on the spread betting sector that would also see contracts for differences leverage (CFD) limits – the amount of risk/reward a retail investor can expose themselves to – dramatically reduced.

One year ago, City watchdog the Financial Conduct Authority (FCA), surprised the spread betting sector by unveiling its own plans to protect retail investors. A number of other European regulators followed suit and during this summer the matter was passed onto ESMA, so changes could be imposed Europe-wide.

ESMA said it will conduct “a brief public consultation in January 2018” on its plans. Once put in place, it would be the first time ESMA has used so-called “intervention powers” in financial markets.

The changes may come as a blow to some spread betting firms, which have booked bumper profits during 2017.

Others, of which CMC Markets has been very vocal on several occasions, believe the clampdown will help business by forcing rivals that focus on “lower-value” customers out of business.

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EEG iGaming Directory

William Hill airs concerns over NYX-Scientific Games deal

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William Hill has said that it is to consider its options regarding Scientific Games’ proposed acquisition of NYX Gaming Group.

 

In September, Scientific Games agreed to acquire NYX for approximately CAD$775m (€525m/US$609.2m), in a deal it said would lead to the creation of a “global digital gaming and lottery powerhouse”.

However, William Hill has now said it will look in detail at the deal in regards to contractual rights it obtained when it enabled NYX to purchase OpenBet.

William Hill said “no decision has been made at this time” and, despite reports, “refutes in the strongest terms that any anti-competitive measure have been requested or is being demanded”.

The company added: “William Hill confirms that it has issued a conversion notice to convert its holding of convertible preference shares and has commenced legal action in order that it may also vote such shares at the special meeting of shareholders.

William Hill does not wish to make any further comment on those proceedings at this time, other to confirm that it will continue to act in the best interests of its shareholders.

William Hill owns and controls 6,800,000 ordinary shares of NYX and £80m of preference shares of NYX Digital Gaming, an indirect wholly-owned subsidiary of NYX.

Theses shares are initially convertible into approximately 40,723,339 ordinary shares of NYX, based on an initial conversion price of CAD$3.67 per ordinary share.

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