Carousel Group, a rapidly growing holding company that invests in gambling and casinos, has confirmed its plans to offer legal online sports betting in Colorado as the plans have been approved by the Colorado Division of Gaming.

In a newly released statement, the Igaming holding company stated that it has received licensing approval from the state’s gaming regulator to start its legal online sports betting operations in the state.

The gaming company added that SportsBetting.com would be launched in the state as a joint venture with Johnny Nolon’s Casino, and the preparations for the same were going on. The upcoming online platform will be available for sports betting within state lines, in spite of ongoing corona virus crisis.

Making the announcement, Group Chief Executive Daniel Graetzer said, “Despite the ongoing and tragic global crisis, we couldn’t be more confident and optimistic about the sports industry and we’re very excited to be bringing our flagship brand to the American market.”

Graetzer stressed that their company was expanding its operations into the United States and hiring more employees at a time when other companies slashed their operations, making hundreds of people redundant.

The new site SportsBetting.com will run on Carousel’s proprietary in-house platform. The company claims that it will bring an exclusive and influential product to the market. It is in contrast to the common approach that numerous gambling firms have been taking since sports-betting was made legal in the United States.

The company chief executive also praised their efforts, claiming that their business was built upon a highly-experienced team and sophisticated technology, adding that making innovations and improving technology for providing a smooth, straightforward experience to customers was in their blood.

The combination of highly-experienced staff and latest technology is expected to provide the company with an edge over its competitors in the industry.

Separately, Johnny Nolon’s managing director David Minter said he was very delighted to partner with dynamic and technologically-driven gaming company Carousel.

Johnny Nolon’s Casino was the first-of-its-type casino to launch casino gambling operations in Cripple Creek on October 1, 1991. Now, the firm is all set to offer sports-betting in partnership with Carousel. The firm also has plans to open its offices in New Jersey.

The soon-to-be-launched sports-betting online platform is expected to be highly exciting as well as customer oriented for the betting community in Colorado.