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May 20, 2020

Carousel Group to launch SportsBetting.com into the Colorado licensed wagering market

Carousel Group, a holding company operating in the regulated online gaming industry announced today their licensing approval from the Colorado Division of Gaming to offer legal online sports betting in the state.

Carousel Group is now gearing up to launch www.SportsBetting.com in Colorado, which will serve as the web and mobile app portal for customers within Colorado state lines.

“Despite the ongoing and tragic global crisis, we couldn’t be more confident and optimistic about the sports industry and we’re very excited to be bringing our flagship brand to the American market,” Carousel Group CEO Daniel Graetzer said. “While other entities have closed their doors and laid off employees, we’re hiring staff and expanding our operations into the United States.”

SportsBetting.com runs on Carousel Group’s proprietary in-house platform which allows them to bring a unique and powerful product to the market, which is in contrast to the approach many gambling companies have taken over the last two years since sports betting became legal in the U.S.

“We have built our business upon a team with years of experience in the industry combined with our own technology, which gives us a huge advantage over the competition,” Graetzer added. “It’s in our DNA to be innovative and with our own technology we will offer something fresh, exciting and very customer oriented to the U.S. betting community.”

David Minter, Managing Director of Johnny Nolon’s said “We are delighted to be partnering with such an emerging, dynamic and technologically driven company such as Carousel Group and are very excited about this partnership. Johnny Nolon’s Casino was the first casino to open for casino gambling in Cripple Creek on Oct 1, 1991 and we are looking forward to now finally be able to offer sports betting.”

Carousel Group is in the process of expanding into other US states, to be announced soon. The company will be expanding its US footprint and opening its offices in New Jersey and Colorado later this year.

About Carousel Group

Carousel Group (www.carouselgroup.net) is a rapidly-growing holding company established in 2017 with the mission to build a global iGaming empire in the regulated online gambling space. Formed by top executives with more than 50 years of collective experience in the industry, Carousel Group and its flagship brands (www.SportsBetting.com, www.RaceBook.com) utilize proprietary technology to offer market-leading odds behind a customer-first experience. The company’s core values are to grow investment capital, provide job security and long-term careers for its employees while also creating a positive impact on the industry by respecting and nurturing regulation, promoting responsible gaming and practicing corporate social responsibilities.

About Johnny Nolon’s Casino

Johnny Nolon’s was the first property to open for casino gambling in the historic mining town of Cripple Creek on October 1, 1991, and it has been a mainstay in the Colorado gambling and entertainment scene for nearly 30 years. Featuring more than 250 slot machines, the casino offers non-stop action 24 hours a day. Johnny Nolon’s is one of the top-rated gambling and entertainment destinations in Colorado, conveniently located just 60 minutes west of Colorado Springs. For more information visit www.johnnynolonscasino.com.