Colorado Gaming Authority Grants Approval for Novig to Operate
Introducing Novig: The Game-Changer in Colorado's Sports Betting Landscape
Step into the future of sports wagering with Novig, the exciting newcomer set to shake up the industry in Colorado. The green light from the Colorado Division of Gaming has paved the way for this innovative platform to debut in the Centennial State, armed with an Internet Sports Betting Operator license.
Colorado will serve as the first battleground for Novig, with the company aiming for a launch next month in a joint venture with Full House Resorts. Their partnership with Bronco Billy's Casino in Cripple Creek promises an unforgettable sports betting experience for Coloradans.
Wannabe bettors can expect the Novig app to land on both iOS and Android devices, brimming with adrenaline-pumping betting action at your fingertips.
As for now, Novig will primarily function as a traditional sports betting operator. However, should the CLGC give the go-ahead, the company plans to unleash its flagship exchange wagering options in the state as well.
Upon its Colorado debut, the Novig app will cater to some of North America's biggest leagues, such as the NFL, NBA, MLB, NCAAF, and NCAAB. The company intends to broaden its market offerings in Colorado by 2024.
Colorado, Here We Come!
Jacob Fortinsky, Novig's co-founder and CEO, expressed his delight about the Colorado launch. He praised the Colorado Division of Gaming for their exceptional assistance throughout the licensing process.
Fortinsky stated,
Launched by Fortinsky and Kelechi Ukah, Novig boasts support from notable investors like Joe Montana, Lux Capital, and Y Combinator. Novig aspires to secure CLGC approval for exchange wagering, making it the first commission-free, high-frequency sports betting exchange in Colorado.
Just a month ago, Novig signed a comprehensive agreement with US Integrity, a front-runner in sports betting monitoring technology. This move signifies Novig's commitment to fortifying the foundations of their products and safeguarding the integrity of the sports betting sector.
[1] Novig operates through peer-to-peer prediction markets, offering users the unique advantage of betting against other players without traditional house commissions, thereby securing more competitive odds.
[2] Novig operates with a dual-currency system, featuring Novig Coins for entertainment and Novig Cash for sweepstakes entries, which can be exchanged for real prizes.
[3] The absence of Novig's welcome bonus in Colorado suggests that the platform may not yet be fully operational in the state, and any plans for exchange wagering options would likely be contingent on resolving state-specific restrictions or obtaining necessary approvals.
- The Novig app, the first commission-free, high-frequency sports betting exchange in Colorado, operated through peer-to-peer prediction markets, promises users more competitive odds.
- With a dual-currency system featuring Novig Coins for entertainment and Novig Cash for sweepstakes entries, the sports-betting platform, Novig, caters towards providing an unforgettable betting experience for Colorado residents.
