Former Betfair Executive launches the Largest, Mobile, Real Money Casino in UK

February 18, 2012 | Sarah Blackburn

Gerard Cunningham, Founder and CEO of Koolbit (and former President Betfair USA) announced today that Koolbit, the San Francisco-based Virtual Currency Mobile Casino Network, has expanded into real money wagering by launching, the largest, real money, mobile casino in the UK.

Koolbit’s partnership with Cozy Games Management Limited, the leading specialist provider of online, mobile and social gaming technology, has enabled it to rapidly enter the highly competitive, real money, iGaming market with the largest mobile casino in the UK. will launch with 25 of Cozy’s games including slot machines, scratchcards, roulette, blackjack, video poker and bingo.

Focused on building mobile, casino games, Koolbit, the Mobile Casino Network, has built a leading presence in the $3B virtual currency casino game market. The company’s flagship game, City Slots, is regularly ranked in the top 20 on Google Play’s Cards and Casino Games page. Now, with the launch of, Koolbit has entered the highly competitive $44B real money online iGaming market. is open for registrations in the UK today. Players can access the mobile friendly site on all major mobile devices including iPhones, iPads, Android phones and Tablets, and more.

Cunningham says, “With the launch of, Koolbit is one of the first virtual currency game companies to make the leap into real money gaming, and is doing so with a unique, mobile-first site, with more content than any other mobile casino in the world.”

“Koolbit was started in 2011 to build the largest mobile casino network, and with its ability to rapidly build and deploy mobile casinos, has built a significant network of apps, including the flagship “City Slots.”

He added, “Having led Betfair’s entry into the American market where rules are tight, and having led a virtual currency game company as well, it is exciting to now be moving back into real-money gaming. I believe this will be a great partnership with Cozy Games. We are also looking for additional partners to maintain a leadership position as we scale and grow the business.”

Tim Green, COO at Cozy Games Management Ltd commented, “We were really impressed with the drive and enthusiasm shown by Koolbit. They are ahead of the pack on building out virtual currency and real money casino networks and we proud to be a partner.”