iPro Inc Teams Up with IGT to Launch Real Time Fantasy Sports Platform

Written by:
Guest
Published on:
Jun/29/2016

Seattle, WA. - iPro, Inc. today announced an exclusive partnership with International Game Technology (“IGT”) (NYSE: IGT) to launch its real-time sports gaming platform, ringit!, on the IGT-owned Lottomatica Italian sports betting platform in time for 2016’s largest soccer event, the UEFA Euro Cup.

Ad: Open an Online Betting Account Today at Gambling911 Endorsed AceSportsbook.  Receive Hundreds of Dollars in Signup Bonuses Here

iPro Announces Partnership with IGT to Launch ringit! Real-Time Fantasy Sports Platform in Italy for Real Money Gambling on SoccerFans win cash in ringit! by predicting what will happen next during their favorite soccer matches.  Tournaments allow them to predict dozens of in-game events including which players will score goals, have shots on and off target, take corner kicks, or even be issued yellow or red cards.  Leveraging the power of Betradar’s real-time data and iPro’s patented technology, ringit!’s key innovation is its real-time gameplay that enables the placing and resolving of bets every five minutes during the game.

“The real-time gameplay featured in ringit! is absolutely magical.”  said Robert Melendres, iPro Founder and CEO.  “ringit!’s innovative gameplay sets it apart, but the flexibility of the platform is our key to success.  Launching into the real money sports betting market is a major milestone as the American legal landscape on fantasy sports remains fluid.  ringit! is the future of gaming because our patented technology ensures ringit! remains 100% compliant, in every territory, worldwide, all of the time.”

The dynamic ringit! platform is capable of offering social (free-to-play), fantasy and real money gambling, and the game play can be tailored to the unique legal and regulatory framework of any given jurisdiction around the world.

“We’re tremendously excited to add ringit! to the Lottomatica sports betting portfolio.” Said Fabrizio Virtuani, SVP Digital and Betting, Lottomatica.  “In-play betting has driven European sports book revenues to €5.9B, and established Italy as the fourth largest betting market in the world.  ringit! brings significant innovation to the space, delivering the excitement of in-play sports betting every five minutes of the match.  ringit! tournament structures let Lottomatica players compete amongst themselves to prove their soccer skill to win more, and win more often!”

Robert Melendres has a winning record in online gaming.  Before founding iPro, he served as IGT’s Chief Legal Officer and Executive Vice President, Interactive.  Robert led IGT’s $500MM acquisition of Double Down Interactive, which accelerated the gaming industry’s transition to online social casino gaming.  He then headed that business and delivered hundreds of millions in incremental revenue for

IGT.  Robert earned his Juris Doctorate at Harvard University and has been granted gaming licenses in over 200 jurisdictions worldwide.

Gambling News

FanDuel Agrees to Pay Player Disputed $82000 Following Mounting Pressure, Bad PR

Upon further review, a New Jersey man will get his full $82,000 payout on a disputed $110 sports bet.

House Hearing on Sports Betting Officially Scheduled

Congress is set to examine whether sports betting guidelines will be needed as more states legalize the activity.

Pennsylvania's Ban on Gambling Contributions Struck Down

A federal court judge is striking down a Pennsylvania law that bars casino owners and others with a stake in the gambling industry from donating to political campaigns in the state.

News Flash FanDuel: Most Folks Betting Sports First Time in NJ Don't Understand the Odds

News Flash FanDuel: Most Folks Betting Sports First Time in NJ Don't Understand the Odds

FanDuel is taking heat this week for its refusal to pay out on an $82000 winning wager they claimed was a result of their in-game pricing system malfunctioning. 

FanDuel New Jersey Sports Betting Probe: Company Refused to Pay Out on $82,000 Bet

Anthony Prince of Newark made $110 bet on Denver to win with a minute left in game at 750-1 odds and down two points

Syndicate