Canada
Cycling betting
Cycling is a popular sport around the world and millions of fans are watching major competitions in France, Spain and Italy. Although betting on cycling is not the most popular betting type, it is possible to try it out in many online casinos, including OlyBet online casino.
Cycling covers various disciplines from indoor sprinting to month-long tours. Road racing is the most popular professional form of bicycle racing, in terms of numbers of competitors, events and spectators. One of the most famous road races is the Tour de France. In addition, well-known competitions are held such as the Giro d’Italia and La Vuelta in Spain. These are the events sports bettors are looking out for.
Before placing a bet, you should remember to never do it randomly. It’s important to put some research and due diligence behind every bet. Nowadays, reputed sports betting portals not only offer excellent odds on different possibilities, they also provide expert betting advice on all the well-known cycling events that happen in different parts of the world.
Different types of bets and odds in cycling
As can be expected in any sports event, cycling also features a comprehensive range of bet types. Betting on potential winner is the most popular option, but some of the less popular options are predicting the race winner’s nationality, guessing the winner of a certain stage of the cycling race etc.
Tips for making successful bets
The best way to succeed in betting on cycling is to look for the best odds for several betting offices for a particular competition. The focus should also be on updating cycling knowledge. It is important to review the information of all teams and cyclists, their previous background etc. This is useful advice that should be followed by both novice and experienced sports bettors.
In addition, the following tips will help you make a successful bet:
- Take the time to research both the men’s and women’s divisions to find out the top 10 cyclists
- Keep up to date with the latest cycling news, including when tournaments are scheduled, where they are scheduled, and who are participating
- Before placing a bet, take the time to investigate the weather and the injuries of the cyclists
- Listen to or read interviews with cyclists to improve your knowledge
- In-game bets can be used to hedge bets and reduce risk
What are the common cycling bets?
If you’re new to betting on cycling, you might not be sure about all the different bet types available. Here are some of the most common and popular cycling bets in the industry.
Race Winner: If you’ve got a hunch about which cyclist will win a race, you can place a bet on them.
Top 3 Finish: If you think a cyclist has a good chance of finishing in the top 3, you can place a bet on them. As long as your selected cyclist finishes in third place or better, you’ll win.
Top 10 Finish: Similar to the top 3 finish above, a top 10 finish expands things even further.
Stage Betting: Besides just betting on the overall winner of a cycling race, you can also wager on the winners for individual stages.
Futures Betting: With this bet type, you can bet on things like the winner of a race well before it happens. This type of bet is risky, but can be very profitable.
King of the Mountain: Many of the cycling races, including the Tour de France and Giro d’ Italia, have mountain stages. For these races, a King of the Mountain award is given to the cyclist that’s the best overall climber of the competition.
Young Rider Betting: This type of bet offers you the ability to bet on young cyclists in different events. Typically, you’ll be choosing which rider under the age of 25 you believe will earn the most significant number of points throughout a race.
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Canada
IAGR announces Toronto as host city for 2025 conference
Hot on the heels of its most attended conference in history, the International Association of Gaming Regulators (IAGR) is excited to announce that its 2025 conference will take place in Toronto, Canada, from October 20 to 23, 2025.
The event will be held in partnership with the Alcohol and Gaming Commission of Ontario (AGCO) at the Westin Harbour Castle, offering stunning waterfront views and a premier, downtown Toronto location.
‘Fresh off the success of our Rome conference, we’re thrilled to continue the momentum with next year’s event in Toronto,’ said Ben Haden, IAGR President.
‘The IAGR 2025 conference promises to be another unparalleled opportunity for our global community to come together, collaborate and shape the future of gaming regulation. We’re looking forward to working with AGCO to bring it all together.’
AGCO CEO and Registrar Dr. Karin Schnarr, added, ‘We’re excited to welcome IAGR and its members to Toronto. This partnership provides a great opportunity to share Ontario’s innovative regulatory practices and foster meaningful discussions that drive positive change in the industry.’
Stay tuned for registration details early next year.
Bombee Global Entertainment Ltd
ESE Entertainment Completes Acquisition of Gaming Production Company, Bombee Americas
ESE Entertainment Inc., a gaming company that provides a range of services to leading video game developers and publishers, has announced that it has acquired Bombee Global Entertainment Ltd. (Bombee Americas), the North American arm of Bombee Event Production AB, (Bombee), a global production company specialized in live production, special effects, broadcast, and event management for the gaming sector.
Bombee has successfully collaborated with ESE to bring its premier event production services and world class customer service to North America and beyond. The North American arm of Bombee, Bombee Americas, will continue to grow and scale in this new organizational structure under ESE, while maintaining its entire team and global support.
Konrad Wasiela, CEO of ESE, said: “Today marks the next stage of ESE—a 2.0 version of our company. With the acquisition of Bombee Americas, we are not only solidifying our presence in North America but also paving the way for growth and innovation in the gaming industry. This is a major step, positioning us to deliver even greater value to our partners and elevate the gaming experience for our clients globally. We’re thrilled about the opportunities ahead and the exceptional talent joining our team.”
Transaction Terms
The Acquisition was completed by way of a share purchase agreement (the SPA) among the Company, Bombee Americas, and the shareholders of Bombee Americas (the Vendors). Pursuant to the SPA, ESE acquired all of the outstanding shares of Bombee Americas in exchange for: (i) $750,000 in cash paid on closing, (ii) $375,000 in cash to be paid six (6) months following closing, subject to customary adjustments based on the working capital of Bombee Americas on closing, (iii) $375,000 in cash to be paid twelve (12) months following closing, and (iv) 30,000,000 common shares of ESE (the Consideration Shares), issued at a deemed issue price of $0.10 per share.
In connection with the Acquisition, the founders of Bombee Americas have signed three-year service agreements and will continue to run the business following the closing, along with the rest of the personnel of Bombee Americas who will remain in place, ensuring a smooth transition of operations. As part of the Acquisition, the Company has acquired the liabilities of Bombee Americas, mainly consisting of customary current obligations incurred in the ordinary course of business for Bombee Americas, which are not expected to have a material impact on the Company’s operations or financial position.
No finder’s fees were paid or payable in conjunction with the Acquisition.
The Acquisition was an arm’s length transaction within the meaning of the policies of the TSX Venture Exchange (the Exchange) and constituted an “Expedited Acquisition” in accordance with Exchange Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets. The Acquisition remains subject to the final approval of the Exchange.
Canada
Suspected Digital Fraud Coming from Canada Up Nearly 11% Since H1 2023, Reveals New TransUnion Analysis
In the first half (H1) of 2024, Canada saw a significant increase in suspected Digital Fraud attempts, with nearly 5.74% of all attempted digital transactions where the consumer was located in Canada involving suspected Digital Fraud, revealed a new TransUnion® (NYSE: TRU) analysis. This is nearly an 11% year-over-year (YoY) rate increase from H1 2023, and TransUnion also documented an 11% increase in the volume of suspected Digital Fraud from Canada during this period, despite a less than a one percent (0.7%) YoY increase in the volume of transactions.
According to a recent TransUnion survey,1 more than half (54%) of Canadians said they were recently targeted by email, phone call or text message fraud attempts. Phishing was the most common scheme type (45%), followed by smishing (42%) and vishing (39%).
The increasing use of digital transactions, combined with rising suspected Digital Fraud attempts are also impacting businesses as they potentially face revenue losses and increased operational costs due to fraud. According to a TransUnion business survey for the H2 2024 Update to the State of Omnichannel Fraud report, 200 Canadian business leaders said their companies lost approximately 6% of equivalent revenue – representing $78 billion – over the past year due to fraud. The most prominent causes of fraud loss cited by them were:
- Scam/Authorized fraud (31%): Dishonest scheme intended to trick a person into giving up something of value (e.g., account access, money, information)
- Account takeover (19%): Unauthorized individuals taking over someone’s online account (e.g., bank, social media, email) without their permission
- Synthetic identity fraud (18%): Use of a combination of personal information to fabricate a person or entity to commit a dishonest act for financial or personal gain
TransUnion also found that suspected Digital Fraud attempts – where the consumer was transacting in Canada and targeted businesses globally – increased on average by 10.5% YoY in H1 2024 compared to H1 2023 and impacted all industries.
Top Three Industries Globally with Highest Rate of Suspected Digital Fraud Attempts Coming from Canada in H1 2024
- Gambling (online sports betting, poker, etc.) – 9.6%
- Retail – 9.2%
- Government – 7.7%
Top Three Industries Globally with Highest YoY Increase (H1 2024 vs H1 2023) in the Rate of Suspected Digital Fraud Attempts Coming from Canada
- Logistics – 172.9%
- Gambling – 79.3%
- Video gaming – 67.8%
“Protecting customers and their businesses from fraud is essential to enabling safe and tailored consumer experiences. These findings reveal that despite the good-faith efforts that are being undertaken by companies to identify and prevent fraud to date, fraudsters continue to evolve and it’s vital that fraud prevention methods keep up with the changing times,” said Patrick Boudreau, head of identity management and fraud solutions at TransUnion Canada.
“Businesses that aren’t already doing so should ensure that they are taking advantage of fraud prevention technologies such as identity verification, IP intelligence, device reputation and synthetic identity detection as critical components of their fraud prevention programs,” he added.
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