Sports betting

Bet365 to license Colossus cash-out patents

Colossus claims cash-out could be the fourth largest ‘sport’ by turnover for most sportsbooks

Bet365 has agreed a deal to license Colossus Bet’s cash-out IP in the US market. The long-term agreement covers cash-out patents on several gaming verticals in the US, including sportsbook poker, casino, lottery. Colossus owns 12 patents in the US covering all aspects of cash-out, according to the firm. The US corporate legal system has…

Bernard Marantelli | Bet365 | Cash-out | Colossus Bets | New Jersey | Sports betting