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Tipp24 Buys Stake in Roboreus
December 27, 2012 : TIPP24 BETS GBP 10 MILLION ON ROBOREUS
Major stake obtained in location-based GeoSweep lottery game
The German online betting provider Tipp24 SE has acquired a major 25.7 percent stake in UK-based Roboreus Limited, developer of the virtual location-based GeoSweep lottery game, for GBP 10 million.
The deal follows an announcement earlier this year that the Multi-State Lottery Association’s Powerball Group had voted to add the British firm’s Treasure Hunt promotion to its US offerings.
Roboreus’ main product, GeoSweep exploits Google Maps to offer players the ability to select real-world places to notionally own on a game board that has been diced into millions of tiles branded ‘Geos’. These icons are used as location-based tickets with participants able to 'buy' their house, where they were married, even their favourite sports stadium.
In addition, the software delivers a social gameplay component via its GeoGroups and Treasure Hunt features.
James Oakes, a spokesman for Roboreus commented: “With over a decade’s experience in the market, Tipp24’s credentials, especially in relation to marketing, user experience and customer retention, are unrivalled.
“Since Roboreus’ inception, we have been dedicated to creating a robust industry-respected gaming platform; Tipp24’s expertise in end-user experience will complement our existing strengths and help us make strides with the customer-facing side of our games.”
“Tipp24 and Roboreus have the shared aspiration of providing quality interactive offerings in a digital age,” said Hans Cornehl, CEO for Tipp24.
“We were impressed by Roboreus’ track record in creating a high-quality, technologically robust platform and believe that our expertise will enable the company to bring the next generation of innovative solutions to the market.”
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Betradar Launches US Sports Betting Solutions -
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Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
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MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
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New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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