Miomni acquires majority stake in i-Pools

Miomni did not disclose the financial terms of the deal, nor how large its stake in the business is, but it did confirm that i-Pools will now be known as MiPools.

MiPools offers a range of gambling options to users, including jackpot games that challenge players to predict results to win daily and weekly prizes worth up to $1m.

Other games formats include last man standing, where players must continue to make winning picks to remain in the game, as well as fantasy games, streaks and score predictors.

“We’re really excited to be bringing MiPools into the Miomni stable; it completes the Miomni 360 platform play,” Miomni chief executive Mike Venner said.

“We now have an unprecedented integrated product offering covering sports betting, icasino, exchange wagering, pool and fantasy betting, geolocation and our ground-breaking marketing and retention tools such as our newly released Wager [THIS] live video recognition technology.”

The acquisition comes after Miomni last month announced plans to introduce a new exchange betting product to the US market in 2021.

This product, MiOffer, will combine elements of traditional sportsbook management with exchange wagering and can be complementary to, or independent of, existing sportsbooks.