Canada
The lowdown on March Madness
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?
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.
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Alberta
St8 extends TonyBet partnership to Alberta after securing supplier registration
St8 has extended its partnership with TonyBet into Alberta, expanding their Canada footprint following an earlier launch in Ontario this year.
Under the expanded agreement, TonyBet will use St8’s game aggregation platform through a single API integration. St8 said this provides access to its wider catalogue of casino content for players in Alberta.
St8 said the Alberta rollout follows its newly acquired registration to operate in the province as an iGaming Services Supplier, allowing it to provide aggregation services to licensed operators in the market. The company said its platform connects partners to more than 200 game providers via a single API.
David Fall, Business Development Manager at St8, said:
“Entering Alberta’s regulated market is a strong step for St8 that represents our continued efforts to bring our offerings to as many territories as possible, delivering top-tier results for partnerships at the local, national and international stage. We share this commitment with TonyBet, a company that we are very fortunate to be working with so collaboratively and closely as we continue to grow our presence across North America.”
Kiryl Liudvikevich, Head of Product at TonyBet, said:
“We’re proud that our work with St8 has enabled us to continue expanding across Canada. Through St8’s aggregation platform, we can seamlessly access games from the industry’s leading providers via a single integration, helping us scale efficiently while maintaining a strong focus on the player experience. St8 has cemented itself as our go-to partner for expansion into regulated markets, and we look forward to continuing our collaboration as we grow into new jurisdictions.”
The post St8 extends TonyBet partnership to Alberta after securing supplier registration appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.
Alberta
St8 continues partnership with TonyBet with an expansion into Alberta
The post St8 continues partnership with TonyBet with an expansion into Alberta appeared first on Americas iGaming & Sports Betting News.
Canada
IGT Signs Agreement to Deploy 720 Sierra27 Video Lottery Terminals Across Saskatchewan
IGT announced that its subsidiary, IGT Canada Solutions Limited (IGT), signed an agreement with Western Canada Lottery Corporation (WCLC) to supply 720 additional Sierra27 video lottery terminals (VLTs) in 2026. The agreement strengthens IGT’s position as a leading VLT supplier in Canada and marks the second consecutive year that IGT has been selected through WCLC’s competitive VLT procurement process.
“WCLC selected IGT through a competitive procurement process, and these additional Sierra27 VLTs will support our venue network with hardware and content designed for the Canadian market. IGT has been a longstanding supplier to WCLC, and we look forward to continuing our work together,” said Eric Karmark, WCLC Vice President, VLT Gaming & Operations.
“As the leading VLT supplier in Canada, IGT is uniquely positioned to help WCLC enhance venue performance and player experiences with proven products and solutions backed by decades of market experience. This significant agreement with WCLC for 720 additional IGT Sierra27 VLTs reinforces the strength of our outstanding collaboration in providing games that excite and engage players,” said Chad Helm, IGT VP of Sales, Canada and Oregon.
IGT’s versatile Sierra27 VLT delivers comfort and serviceability and features two high-definition 27-inch screens, a 13.3-inch dynamic player panel with dual bash buttons, and a wireless inductive charger. The Sierra27 VLT is backed by a large library of high-performing content and games designed specifically for players in Canada, including Big City 5’s Diamond, Tiki Tiki Tiki Mayhem, Cash Climb Garden of Hesperides, and more.
The post IGT Signs Agreement to Deploy 720 Sierra27 Video Lottery Terminals Across Saskatchewan appeared first on Americas iGaming & Sports Betting News.
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