Former Betfair exec launches real-money mobile casino

Gerard Cunningham, who our readers may recall was Betfair’s top man in the United States, announced the launch Monday of real money wagering at iGoSlots.com, a mobile casino targeted on the British market.

Cunningham, who founded and is president of San Francisco-based Koolbit, a virtual currency mobile casino network (see previous InfoPowa reports) is working in partnership with UK online, mobile and social gaming technology firm Cozy Games Management.

Teaming up with Cozy has enabled Koolbit to rapidly and efficiently launch iGoSlots.com into the highly competitive, real money, i-gaming market in Britain, a company spokesman said Monday.

iGoSlots launches with 25 of Cozy’s games including slot machines, scratch cards, roulette, blackjack, video poker and bingo, he added. The software is compatible with all major mobile devices including iPhones, iPads, Android phones and Tablets.

Koolbit has built an impressive presence in the $3 billion virtual currency casino game market since its formation in 2011. The company’s flagship game, City Slots, is regularly ranked in the top 20 on Google Play’s Cards and Casino Games page.

“With the launch of iGoSlots.com, Koolbit is one of the first virtual currency game companies to make the leap into real money gaming, and is doing so with mobile-first and more content than any other mobile casino in the world,” boasted Cunningham in a press statement Monday.

“Having led Betfair’s entry into the American market where rules are tight, and having led a virtual currency game company as well, it is exciting to now be moving back into real-money gaming. I believe this will be a great partnership with Cozy Games. We are also looking for additional partners to maintain a leadership position as we scale and grow the business.”