A confirmation has come from Colossus Bets where they addressed the situation on their CEO. Bernard Marantelli has stepped down from his chair as Chief Executive Officer.
Colossus Bets founding COO David O’Reilly will take his place for the time being. O’Reilly has been the company’s COO since it began, and his knowledge will be invaluable
While the company transitions, the role will be taken by its current CCO, Eva Karagianni-Goel. She will be taking ownership of the company operations.
Colossus Bets expressed confidence in the new senior leaders, reaffirming that O’Reilly and Karagianni-Goel will “ensure continuity in all activities”. She joined the company in 2016 as its CCO and will fill up the role of COO.
A statement released by Colossus Bets in a LinkedIn post said the following:
"Today, we announce that our founder, Bernard Marantelli, has made the decision to step down from his role as CEO of Colossus.
"Bernard is leaving Colossus in good hands as David O'Reilly, our COO since day one, has agreed to succeed him.
"Eva Karagianni-Goel, who joined us in 2016 and has been our chief commercial officer since 2018, will also be stepping up as our new COO, consolidating her current duties with some new ones to support David in this transition."
Marantelli has stepped down from the company after relocating with his family to Spain, having told the betting technology provider that it ‘was the right time to step out of the day-to-day running of the business’.
Marantelli founded Colossus Bets in 2012, seeking to modernize pool betting systems and syndicate wagering formats for modern punters.
Since its inception, Colossus Bets has launched a number of industry firsts, including the roll-out of the first combined £10 million football pool and community syndicated jackpots for UK bookmakers.