Tag Archives: Coolbet

Spelinspektionen reiterates its sportsbook warning on in-play markets

Spelinspektionen, Sweden’s gambling inspectorate, has warned licensed online sportsbook operators to closely follow and maintain its rules with regards to their in-play market offerings.  The notice follows official Spelinspektionen warnings to Swedish state-owned racing operator AB Trav Galopp (ATG) and Polar Limited, the operating firm of Coolbet.com for breaching Gaming Act provisions on sportsbook markets. During Q1 trading, ATG has …

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GAN lauds Coolbet asset outperforming all expectations

Malta-registered sports betting operator Coolbet has ‘outperformed expectations’ according to GAN Plc’s Q1 2021 financial update, delivering $14.3 million in revenue. GAN closed its acquisition of Coolbet in January 2021, integrating the firm’s sports betting technology and operations, with the long-term goal of leveraging the Estonian operator’s capabilities and experience to enhance its position in the US market. Under the …

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Tim Heath launches gaming focused fund via Yolo Investments

Tim Heath’s Yolo Investments venture-capital fund has launched a sub-fund focused on the gaming and financial technology sectors. The newly established sub-fund will search for seed and A-stage opportunities across the gaming and fintech industries. Prior to launching the sub-fund, Yolo has already made investments in casino content studios OneTouch and Green Jade Games, fintech disruptions coins.io, Credis Bank and Yeahka, …

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GAN acquires Coolbet for €150m to accelerate sportsbook ambitions

GAN Plc has reached a ‘definitive agreement’ to acquire Malta-licensed operator ‘Coolbet’ for a total consideration of €149 million. The igaming software supplier will acquire Coolbet from its operating firm Vincent Group Malta, which will see it takeover the operator’s brand IP, trading and proprietary software assets.  Updating investors, GAN branded Coolbet one of the fastest-growing European B2C operators, who …

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SBC Summit Barcelona – Digital: Innovating user experience is crucial for fixed odds

Innovation in the betting industry remains a prominent discussion, however, since the start of the global health pandemic the topic has risen in significance to ensure that new solutions keep customers engaged. On day two of SBC Summit Barcelona – Digital trading experts sat down to discuss what new innovations are being created for fixed odds solutions. A variety of …

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Soccerbet to Highlight virtual sports set on Coolbet

London-based video sports specialist Highlight Games has strengthened its network of partnerships after agreeing to supply its video virtual sports products to Coolbet’s online and mobile channels in all of its key markets. Under the terms of the agreement, Highlight Games’ NBA Last 60 and Soccerbet products will become available to Coolbet’s online and mobile customers, with Soccerbet available in …

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Trustly celebrates 100 live brands for Pay N Play

Trustly is celebrating a huge company milestone after Pay N Play, the company’s innovative player registration and verification product, reached 100 live gaming brands. Introduced in 2015, Pay N Play allows customers to register and get verified to start playing on a gaming site simply by making a deposit. The KYC data for the customer is collected by Trustly during …

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Digital Sports Tech describes breaking into Nordic market as a ‘landmark moment’

Provider of next generation sports betting solutions Digital Sports Tech (DST) has entered the Nordic sports betting market with its player props and quick pick accumulator products after agreeing a partnership with Coolbet. The new product, branded as “Build Your Bet”, allows Nordic players to create and customise their own performance or proposition bets on any player and statistic for matches …

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