Category: Coingaming

Coingaming Group Rebrands as Yolo Group

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Press Release: After several years of success Coingaming Group is rebranding as Yolo Group, as the company continues to expand into new markets.

 

September 13th, 2021, Tallinn, Estonia —  The Coingaming Group is now Yolo Group, following a full rebrand of the maturing business to better reflect its status as disruptors across a diverse range of sectors including gaming and fintech.

 

Yolo Group Business Interests

Within the Yolo Group will sit five verticals that cover the full spectrum of the business’ interests:

 

  • Yolo Investments focuses on investment opportunities across gaming and fintech.
  • Yolo Entertainment, incorporating all Coingaming Group B2C brands including Bitcasino and Sportsbet.io.
  • Yolo Finance, home to our blockchain, fintech, and banking rails-related activities.
  • Yolo Ventures, covering strategic partnership projects on a B2B scale.
  • Yolo Tech, delivering IT and back-office services within our ecosystem.

 

Yolo Group and the more than 600 Yolo’ers working with the business will continue to be defined by a “fun, fast and fair” approach and a laser focus on putting the customer at the center of the universe.

 

The change in the brand will further help create synergy throughout the fast-growing group as it continues to expand into new areas and markets.

 

Yolo Group CEO Maarja Pärt stated:

 

“I’m both excited and proud to announce that we are rebranding to Yolo Group with a new identity for a company always looking to the future. The Coingaming brand served us well for many years, but as disruptors in industries beyond gaming, we felt Yolo Group better represented our people, our business and our vision.

 

Yolo Group is about bringing next-level innovation to gaming, fintech, blockchain and many more sectors, all the while ensuring our customers are kept at the centre of the universe. You only live once and that’s why we don’t settle for anything less.”

 

About Yolo Group

The Yolo Group (formerly the Coingaming Group) brings next-level innovation to the worlds of gaming, fintech, blockchain, and more.

 

Serving millions of users worldwide, the Yolo Group is committed to putting the customer at the center of the universe via a wide range of fun, fast and fair products, and services, including the pioneering bitcoin-led casino Bitcasino.io and innovative sports betting site Sportsbet.io.

 

Number 27th on the 2020 EGR Power 50 list of leading global operators, the Group continues to drive crypto adoption and fintech innovation within both the iGaming and entertainment industry via its array of disruptive B2C and B2B brands.

 

With offices in Estonia, Ukraine, Brazil, Australia, Malta, and the Philippines, the Group has rapidly expanded to more than 600 employees of more than 49 nationalities. The Group continues to incubate and support new brands, developing its vast, expansive ecosystem of people, products, and services.

 

Yolo Group Socials

Website | Twitter | LinkedIn | Instagram | Facebook

 

Media Contact Details

Contact Email: press@yolo.group   

 

Yolo Group is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

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The Coingaming Group Beta Tests its Game-changing Lightning Network

Bitcoin Press Release: The Coingaming Group, operator of leading bitcoin-led iGaming brands Bitcasino.io and Sportsbet.io, has rolled out a Lightning Network closed beta test to a selection of its users.

30th January 2018 – Tallinn, Estonia – The Lightning Network is an in-development solution to the bitcoin scalability issue, which allows for micropayments to be made between two parties without broadcasting directly to the blockchain, reducing transaction fees, speeding up the whole payment process and considerably increasing privacy.

Participants instead assign bitcoin to a payment channel, and then confirm the amount each party can redeem. Either party can close the transaction at any time, which then triggers the latest balances to be uploaded to the bitcoin blockchain. Coingaming hopes to leverage the greater speed and flexibility this provides to cut confirmation times for payments, while also offering cheaper transaction fees.

In keeping with the group’s focus on the customer, a successful beta test will see the solution rolled out across its Sportsbet.io and Bitcasino.io brands, to ensure transactions remain the fastest in the industry and the user experience the best it can be.

“The Lightning Network is a potential solution that could revolutionise bitcoin as a payments platform. This trial will pave the way for a roll out very soon as we cement our position as the leading bitcoin operator. Reio Piller, CTO of the Coingaming Group, said.

“The Coingaming Group have been industry pioneers since founding, with the purpose of providing our customers with the most functional and expansive offering, generating the best user experience in the process. We expect the Lightning Network to be a key part of bitcoin-led iGaming companies in the near future, and we’re proud to be the first operator bringing its massive potential to the market.”

About the Coingaming Group

The Coingaming Group is a leading operator of iGaming brands, including the bitcoin-focused casino Bitcasino.io and sportsbook Sportsbet.io as well as a dedicated eSports betting brand Bets.io and a slots-focused online casino Slots.io. With offices in Estonia, Ukraine, UK, Brazil and Malaysia, the group employs more than 150 staff.

For more information, please visit: http://www.coingaming.io/

Media Contact Details
Contact Name: Sam Wright
Contact Telephone: +44 (0) 20 3542 4894
Contact Email: sam@squareintheair.com

CoinGaming 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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