Connect with us

Canada

The lowdown on March Madness

Published

on

 

With this year’s college spectacular set to break new betting handle records in the United States, Checkd Group’s Callum Broxton takes an overview of the scene.

With sports betting legislation accelerating since last year’s tournament, what sort of betting volumes can we expect from March Madness 2022?

Callum Broxton: A total of $4.6b was wagered in March 2021, comfortably surpassing all projections. In 2022, with the combination of gambling becoming more mainstream alongside three major gambling states in Arizona, Louisiana, New York going live, there’s no doubt the $5bn barrier will be broken – it’s really a case of how close to a total handle of $10bn it will be.

Which types of bets are most popular with March Madness and why? Do you envisage any changes in betting behaviour for this year’s event?

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

CB: Simplicity wins out during March Madness. Team-focused betting will take centre stage with spreads and moneyline dominating. The beauty of the tournament and the reason it’s universally popular is that it’s simple. It’s all about the teams and who will progress to the next round. While player props have huge popularity in the pro leagues, they don’t resonate as much with college bettors; the players at college level aren’t nationwide stars (with some notable exceptions) and the books don’t offer anywhere near the range of player-centric market choices. By 2023 we may well see big changes in this respect with names, image and likenesses (NIL) deals allowing players to grow, establish and monetize their own brands and as more states go live there will be a much larger in-state fanbase where the college players are stars.

What role can a sports betting supplier play in protecting the integrity of collegiate sports and identifying irregular betting patterns?

CB: It’s interesting to observe the different approaches to betting on college sports, with Oregon outlawing it completely and some states, such as New Jersey, not allowing wagers on in-state teams. The NIL deal, though, could well be huge here. Players now have a long-overdue and legitimate way to make money during their time in college which, in theory at least, reduces the threat of match fixing or points shaving scandals as seen in the past, with the lure of a payday from such schemes now drastically reduced. The Arizona State points shaving scandal in 1994 was identified by Vegas sportsbooks. If they were able to spot irregular patterns back then, sportsbooks in 2022 should spot any irregularities almost instantly with their dedicated teams and immense software capabilities.

 

Powered by WPeMatico

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading
Advertisement

Canada

absolutebet Secures AGCO Registration as an Internet Gaming Operator in Ontario

Published

on

absolutebet-secures-agco-registration-as-an-internet-gaming-operator-in-ontario

 

Internet Gaming Operator by the Alcohol and Gaming Commission of Ontario (AGCO).

This significant milestone authorizes absolutebet to offer regulated iGaming services in Ontario’s legal market under the oversight of AGCO and iGaming Ontario (iGO).

The registration marks a key step in absolutebet’s mission to bring a trusted, responsible, and innovative online casino experience to Ontario players. absolutebet is committed to operating with integrity and transparency, meeting all provincial standards for player protection, responsible gambling, anti-money laundering, and game integrity.

Securing AGCO registration is more than a milestoneit’s the start of absolutebet’s journey in one of the most exciting regulated markets in the world,” said Chen Truman, Founder of absolutebet. “We are building a brand that will grow with the Ontario community and set the stage for future expansion.”

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

On the regulatory milestone, Krisztina Kalla, Legal & Regulatory Compliance Advisor of absolutebet, commented: “I’m incredibly proud to see all the hard work behind this license pay off. Securing AGCO registration has taken months of preparation and close collaboration with regulators and partners. I am very happy to see the result of that work, and even more excited as we move into the launch phase and open up the absolutebet community to Ontario players in a fun and responsible way.”

Ontario is recognized as one of the most competitive and fast-growing regulated iGaming markets in North America. With AGCO registration secured, absolutebet will move forward with the final stages of its iGO onboarding process in preparation for launch.

 

The post absolutebet Secures AGCO Registration as an Internet Gaming Operator in Ontario appeared first on Gaming and Gambling Industry in the Americas.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Alex Malchenko Head of Sales at Evoplay

Evoplay strengthens Ontario presence in partnership with Caesars Entertainment

Published

on

evoplay-strengthens-ontario-presence-in-partnership-with-caesars-entertainment

 

Evoplay, the award-winning game development studio, has partnered with Caesars Entertainment to expand its footprint in the Canadian market, following its initial entry earlier this year. The partnership integrates 20 of the studio’s top-performing titles onto Caesars Palace Online Casino, Horseshoe Online Casino and Caesars Sportsbook & Casino in Ontario, including fan-favourites such as Hot Triple Sevens, Triple Chili, and The Greatest Catch Bonus Buy.

Having announced its official entrance into Ontario in March, the collaboration with Caesars marks a significant step in Evoplay’s local strategy. Further standout releases, such as Inner Fire Bonus Buy and Hot Volcano, also launched as part of the initial package, with additional player favourites, including Fruit Nova and Ice Mania.

The collaboration underlines Evoplay’s commitment to working with leading operators to deliver high-quality content tailored to regional audiences.

Alex Malchenko, Head of Sales at Evoplay, said: “Launching with Caesars in Ontario marks a key milestone in our North American strategy.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)

“It reflects both the strength of our portfolio and our commitment to providing innovative, high-performing content to operators of the highest caliber.”

Ricardo Cornejo Rivas, Vice President of Online Gaming at Caesars Digital, said: “Evoplay brings a fresh and dynamic approach to online gaming, which we’re excited to offer to our players in Ontario. This portfolio of standout titles adds to our growing content library and furthering our ongoing goal of delivering top-tier entertainment experiences to our players.”

The post Evoplay strengthens Ontario presence in partnership with Caesars Entertainment appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Canada

iGaming Ontario Appoints Joseph Hillier as its New President and CEO

Published

on

igaming-ontario-appoints-joseph-hillier-as-its-new-president-and-ceo

 

The iGaming Ontario Board of Directors has announced Joseph Hillier as the organization’s new President and Chief Executive Officer, effective September 8, 2025. Joseph’s depth in the Ontario igaming market combined with successful public and private sector careers make him the ideal President and CEO at this critical point in iGaming Ontario’s growth.

Joseph was most recently Chief Strategy Officer and Corporate Secretary at the Alcohol and Gaming Commission of Ontario (AGCO), where he delivered significant strategic and regulatory initiatives across the province’s alcohol, cannabis, gaming, and horse racing sectors. Prior to the AGCO, he served as Chief of Staff to Ontario Attorney General Hon. Doug Downey and led the development, launch and implementation of Canada’s first private sector-driven igaming market and the creation of iGaming Ontario. Joseph also spent more than a decade working in the financial and legal services sectors.

The Board expressed its sincere thanks to David Smith for serving as Interim President and Chief Executive Officer since Martha Otton’s retirement.

The post iGaming Ontario Appoints Joseph Hillier as its New President and CEO appeared first on Gaming and Gambling Industry in the Americas.

Advertisement
European Gaming Congress 2024 (Warsaw, Poland)
Continue Reading

Trending

Get it on Google Play

Fresh slot games releases by the top brands of the industry. We provide you with the latest news straight from the entertainment industries.

The platform also hosts industry-relevant webinars, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - Recent Slot Releases is part of HIPTHER Agency. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania