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Race Coast and Colossus today announced a partnership that will see Race Coast incorporate Colossus’ tote platform to add Cash Out and ‘Crowdbetting’ features to its multi-leg horse racing products, as well as immediately offering Colossus Bets’ globally comingled sports pools to its customers. The application of Cash Out to horseracing pools will be a first for the country of South Africa.
Dean Sawarjith, Race Coast KZN, Acting Chief Operations Officer, commented: “The deal with Colossus will give our customers access to the biggest comingled sporting jackpot pools, as well as enabling us to apply the Colossus IP to horseracing pools in the future. We need to innovate to keep our horse racing proposition relevant for today’s younger audiences. We look forward to giving our customers access to the most flexible tote product in the world, where they can decide leg-by-leg how much of their bet to Cash Out. I’m particularly excited to enable our customers to create and join tickets via the Colossus 'Crowdbetting’ feature, driving customer engagement forward.”
Laurence Jones, Colossus Bets CPO said: “We are delighted that Race Coast, a fellow WOTA member, now has access to our sports pools and our Cash Out and ‘Crowdbetting’ functionality via our tote platform. When we devised ‘Crowdbetting’ especially, we were confident it would be a game changer for the pari-mutuel industry and Race Coast’s endorsement gives us further confidence that appetite for this feature will only grow. Cash Out is a standard feature in multi-leg bets and parlays worldwide. All Tote operators must innovate if they wish to compete with a rapidly evolving market. Race Coast will become the first racing tote to utilise our technology in order to modernise their racing product, making it fit for 2025. We are really excited to work with Race Coast to ensure that their customers have access to the biggest and most engaging wagering products in racing.
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About Colossus Bets
Colossus Bets is a multi-award-winning operator and supplier of the largest sports betting pools globally, offering some of the world’s largest guarantees, leg-by-leg cash-out offers and the unique Syndicates ‘crowdbetting’ feature. Colossus Bets believes in making sports bigger by enabling sports fans to engage with the sports they love through life-changing jackpots and the most authentic social betting experience. Players can join its pools via the B2C site, colossusbets.com, or its worldwide network of partners, including bet365, Paf and UK Tote.
More information is available at corporate.colossusbets.com.
Colossus Bets Limited is regulated by the UK Gambling Commission.
For further information, please contact:
Laurence Jones(CPO)
laurence.jones@colossusbets.com
About Race Coast
Race Coast KwaZulu-Natal is the premier South African horse racing operator and tote betting platform, renowned for its top-tier racing events and comprehensive wagering services. Established to promote and manage thoroughbred horse racing in KwaZulu-Natal, Race Coast hosts prestigious races like the Hollywoodbets Durban July, attracting elite competitors and racing enthusiasts. Beyond live events, Race Coast offers betting opportunities on both local and international races and sporting events, catering to novices and seasoned punters alike. With a commitment to integrity and innovation, the organisation ensures a thrilling experience, blending the excitement of the sport with the thrill of betting. Players can participate in this exciting pools by joining www.tabgold.co.za
For further information, please contact:
Steve Marshall, Marketing and Events Executive
stevem@goldcircle.co.za
