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Colossus Bets products launched in Nigeria by 1960Bet and NairaBet
Two betting operators based in Nigeria, 1960Bet and NairaBet, have agreed a deal with Colossus Bets to launch the company’s products on their sites.
The terms of the agreement will see both 1960Bet and NairaBet launch the Colossus collection, including the flagship Pick 7 Colossus, which is live now on both sites.
Akin Alabi, Founder and CEO of NairaBet, said: “African punters love shooting for a big win from small spend accumulator bets. This product fits ideally with our client base across web and mobile and we are pleased to be introducing the Colossus product portfolio to Africa.”
Bernard Marantelli, Founder and CEO of Colossus Bets, said: “We are delighted to be live with two of the premier betting brands in Africa’s most populous country. As a localised Nigerian product our headline weekly Colossus pool will be presented as the ₦1,000,000,000 Colossus (one billion Nigerian Naira), making it by some distance Africa’s biggest bet.”
He added: “With partners now live in 3 continents, soon to be 4, betting firms everywhere are realizing the massive potential of lottery-sized sports betting pools, together with the hugely engaging partial cash-out feature which we have developed and patented.”
CEO and Founder of 1960Bet, Dotun Ajegbile, said of the announcement:”Our players are passionate about European football and with partial cash-out and global liquidity, this product is a great fit for the African market.”