Yolo Investment Firm Makes First Portfolio Exit with 5.8x ROI

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Bitcoin Press Release: Estonian Fintech investment firm Yolo exits with Coolbet sports betting operator, recording 5.8x ROI. The deal was the first start-to-exit investment for Yolo Investments. 

 

15th December 2020, Tallinn, EstoniaGaming venture capital firm Yolo Investments (formerly known as Vereeni Investments) exited its investment in Estonia-based online gaming and sports betting operator Coolbet for an impressive 5.8x return. The acquisition of Coolbet by GAN Limited marks the first start-to-exit investment in Yolo’s portfolio.

 

General Partner and Founder of Yolo Investments Tim Heath said: 

 

“This is a very significant milestone for all of us at Yolo. It makes us especially proud to have been the early investors for Coolbet, back when we started Vereeni Investments in 2017.”

 

The funds will be used to reinvest in Yolo’s growing investment portfolio, which spans 46 investments across four funds focused on fintech, gaming and live casino, as well as other related products and services.

 

Tim continued

“We wish all the best for Coolbet as it takes things to new heights with GAN, and look forward to achieving similar results with the rest of our portfolio, of which many are increasing significantly in valuation.” 

 

About Yolo Investments

Yolo Investments is a venture capital, focused on seed- and A-stage investment opportunities across gaming and fintech. Based in Estonia, Yolo’s mission is to invest in outstanding people with bright ideas, who are focused on innovating and disrupting the norm in all manner of tech startups. 

 

Founded in 2017 by Tim Heath as Vereeni Investments, Yolo has created a thriving ecosystem with ventures across a variety of industries, including fintech, gambling, media, software development, crypto and blockchain-related companies. 

 

Learn more about Yolo Investmentshttps://yolo.io

 

Media Contact Details

Contact Email: press@coingaming.io

 

Yolo is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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Southampton FC Pen Partnership and Sponsorship Deal with Sportsbet.io

Bitcasino Press Release: Southampton Football Club is pleased to announce that it has signed a one-year contract with Sportsbet.io to become the new main club partner and front-of-shirt sponsor for the 2020/21 Premier League season.

 

25 August 2020Sportsbet.io, a sportsbook of the Coingaming Group, are a leading cryptocurrency-based sports betting platform, who pride themselves on an innovative approach to providing a unique service to their customers, both in the UK and abroad.

 

The company, who will feature on the front of the first-team and Under-23 shirts, have stepped in at short notice to help support the club ahead of the upcoming season, and we will work closely together in the coming weeks to provide the best possible solution for those fans who wish to show their support to the team with updated replica shirts.

 

Southampton Football Club’s Chief Commercial Officer, David Thomas, commented:

 

We are delighted to welcome Sportsbet.io as Main Club Partner. Sportsbet.io have redefined the online betting space by combining cutting-edge technology with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience. They are fully committed to providing a safe place where people can enjoy their games responsibly, and have a world-class social responsibility team in place. The club will work with Sportsbet.io and our local community to promote this important social responsibility message over the course of the upcoming year.

 

 “Everyone at the club is looking forward to the start of what we hope will be a strong season for Southampton, and we are very happy that we will be able to share that journey with sportsbet.io.”

 

Today’s announcement signals the end of the club’s relationship with LD Sports. Over the last week, we have endeavoured to secure confirmation that LD Sports are still an appropriate and viable partner for the club, but have been left with no alternative other than to end the partnership today with immediate effect.

 

The club has also taken the difficult decision to temporarily halt all sales of home, away and third kits. Fans who have already purchased a 2020/2021 home, away or third shirt with LD Sports on the front are asked for their patience and understanding at this time whilst the club resolves what is an extremely complex situation and sources a solution for updating their shirts.

 

CEO and co-founder of the Coingaming Group, Tim Heath, had this to say:

 

“We are absolutely thrilled to announce this sponsorship deal with one of the Premier League’s most ambitious teams. Sportsbet.io shares the club’s desire to disrupt its industry and increase its global reach. We’re proud to be able to contribute to the Saints and support such a prestigious team which has been around for nearly 135 years!”

 

About Sportsbet.io

Founded in 2016 as part of the Coingaming Group, Sportsbet.io is the leading Bitcoin sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English Championship team, Watford FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

 

For more information about Sportsbet.io, please visithttps://sportsbet.io/

Learn more about Coingaminghttp://coingaming.io/

 

Media Contact Details

Contact name: Lucy Thomas

Email: press@coingaming.io

 

Sportsbet is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

 

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Sportsbet.io Launches New Loyalty Programme ‘The Clubhouse’

Bitcoin Press Release: Sportsbet launches its fresh new loyalty program, Clubhouse, to offer its players more variety and flexibility. 

 

18th August 2020, Tallinn, Estonia – Leading cryptocurrency sportsbook Sportsbet.io has launched its brand new loyalty programme, ‘The Clubhouse’, marking a revolutionary step for sportsbooks away from rigid deposit-based bonuses.

By naming the programme ‘The Clubhouse’, Sportsbet.io wishes to emphasise the growing desire for a sense of community in sports betting. Players are now offered a seven-tier milestone system in which they can track their progress and see what it takes to become part of the exclusive VIP club

Keeping with their crypto-friendly stance, rewards can be paid out in various cryptocurrencies and are both custom-made and uniquely tailored towards the individual player, based on their gameplay and personal preferences. Keeping with its ethos to put the customer at the centre of the universe, Sportsbet.io hopes the latest addition will highlight the importance of meeting the needs of loyal players. 

Head of Sportsbook Marketing at Sportsbet.io, Justin Le Brocque explains the thinking behind the exciting new program: 

“We know that our players will love this new addition. From what we have seen from customer feedback, there has been a need to switch things up for a while now, so that we can make our rewards more compatible with what our players want. We hope that this move will show people that a fresh attitude towards player rewards can modernise the industry standard.” 

A similar loyalty rewards program was already initiated by Sportsbet.io’s related brand Bitcasino, which was met with positive customer feedback and praise from the rest of the industry. Now Sportsbet.io hopes to show that a similar mentality towards rewards can be applied successfully to the sports betting world.

 

About Sportsbet.io

Founded in 2016 as part of the Coingaming Group, Sportsbet.io is the leading Bitcoin sportsbook. Sportsbet.io has redefined the online betting space by combining cutting-edge technology, with cryptocurrency expertise and a passion for offering its players with the ultimate fun, fast and fair gaming experience.

Principal sponsors of English Championship team, Watford FC, Sportsbet.io provides an expansive range of betting action across all major sports and eSports, offering players more than 350,000 pre-match events per year and comprehensive in-play content. 

As the first crypto sportsbook to introduce streaming across all major sports, as well as a cash-out function, Sportsbet.io is recognised as a leader in both online sports betting and within the crypto community.

Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes among the fastest in the industry.

 

For more information about Sportsbet.io, please visithttps://sportsbet.io/

 

Learn more about Coingaminghttp://coingaming.io/

 

Media Contact Details

Contact name: Lucy Thomas

Email: press@coingaming.io

Sportsbet is the source of this content. This Press Release is for informational purposes only. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

About Bitcoin PR Buzz: Bitcoin PR Buzz has been proudly serving the crypto press release distribution needs of blockchain start-ups for over 8 years. Get your Bitcoin Press Release Distribution today.

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Sportsbet.io Re-Brand Cements Position as Premier Bitcoin Sportsbook

Bitcoin Press Release: Sportsbet.io, the leading bitcoin-led sportsbook operated by the Coingaming Group, has rebranded and introduced a revolutionary new product that marks a new era in sports betting.

December 12, 2017 – Tallinn, Estonia – The bookmaker’s new site is built in conjunction with the best UI/UX experts in the field and incorporates valued customer feedback, as the company looks to offer a consistent, premium mobile-led service to all its users with a complete focus on being fun, fast and fair.

The redeveloped product offers the same quality and consistency across all channels with special attention to what players want in their betting site: one-click bets, rapid withdrawals, and slick mobile design. Sportsbet.io boasts intuitive navigation enabling an exceptional user experience with high-end personalisation capabilities, giving players fast access to sports and competitions relevant to them – anytime, anywhere and from any device.

Significantly, the all-new Sportsbet.io will be the only bitcoin-led sportsbook to offer its customers a live streaming provision, a prerequisite for any tier one operator. It also hosts more than 1,400 games from leading suppliers such as NetEnt, Quickfire, OneTouch and Thunderkick in its premium casino.

As Sportsbet.io expands, it continues to respond promptly to its customer demand with bespoke language versions of the relaunched site soon to go live in Japanese, Russian and Brazilian Portuguese language options, with more to follow in the coming months. Another customer-centric feature that will go live soon is altcoin deposits, which make betting on Sportsbet.io available not only to Bitcoin but also Ethereum, Bitcoin Cash, Ripple, Bitcoin Gold and Litecoin users, amongst others.

Joe McCallum, Director of Sportsbook at the Coingaming Group, said:

“Sportsbet.io has performed beyond expectations since its launch in 2016, and introducing this revolutionary new product so soon after the first is yet more proof of our commitment to putting the customer at the centre of our universe.

“We have streamlined the site considerably, with significant investment in the user experience and design of a functional and personalised service, which we believe has raised the bar for the sportsbook experience, in keeping with our fun, fast & fair mantra.”

Sportsbet.io will celebrate the new era in bitcoin sports betting with the Boost Bonanza campaign, where its popular price boosts will be available for 10 days from relaunch across various major sports like soccer, basketball and American football. Each player will get the chance to win up to m฿ 100 throughout the campaign.

About Sportsbet.io

Founded in 2016 as part of the Coingaming Group, Sportsbet.io is a leading bitcoin-led sportsbook operator. Sportsbet.io has an expansive, quality betting product across all major sports and eSports, offering more than 350,000 pre-match events per year, as well as comprehensive in-play content.

It also provides innovative markets such as player prop bets for soccer, American football and basketball, and is the only bitcoin-led sportsbook to provide live streaming across all major sports.Sportsbet.io prides itself on its secure and trustworthy betting service, with withdrawal times of around 1.5 minutes amongst the fastest in the industry.

For more information about Sportsbet.io, please visit https://sportsbet.io
Visit the Promotions https://sportsbet.io/promotions
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Media Contact
Contact Name: Olga Kikas
Contact E-Mail: olga.kikas@sportsbet.io

SportsBet is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest

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