SBC News Voice of the Sports Betting Industry
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.
Športna loterija’s President of the Management Board, Dr Edvard Kolar, said, “Our partnership with Colossus reflects our commitment to provide Slovenians with the best and most responsible entertainment in sports betting. It is a natural fit for us as our customers can now shoot for lottery-sized jackpots with small stakes on exciting sports content. And it will also mean increased, de-risked revenue to continue to support the many great causes in our local ecosystem.”
In addition, Sportna’s online sportsbook will now feature Colossus’ partial Cash Out functionalities, boosting player engagements.
Colossus Bets’ COO, David O’Reilly, commented, “We are excited to welcome Športna loterija as our first lottery operator to the Colossus network. We believe that our pools product can uniquely bridge the gap between the lottery and fixed odds sports betting and therefore has the potential to appeal to both audiences and beyond. This partnership marks the beginning of a new era of expansion for Colossus in this space.”
