Canada
Bucks, Lakers, Clippers Favorites To Win NBA Championship
NBA’s proposal to resume the 2019-20 season with 22 teams shifts odds while favorites remain the same, according to TheLines.com
LAS VEGAS — The Milwaukee Bucks, Los Angeles Lakers, and Los Angeles Clippers odds to win the 2019-20 NBA Championship shifted at legal sportsbooks across the country after the NBA announced its new 22-team playoff format, but the trio remains the betting favorites, according to TheLines.com, which tracks odds in the U.S. regulated sports betting markets.
NBA Commissioner Adam Silver, during a meeting with the NBA’s Board of Governors, proposed a format that will include the 16 teams that would have qualified for the playoffs when the season was postponed on March 11 as well as six additional teams that will be included in a play-in tournament for the eighth and ninth seeds. The games would be played at Disney World in Florida, and the league is targeting July 31 to resume the season, according to reports.
The significantly altered format changed the betting odds at DraftKings and FanDuel, which represent the two market leaders in the legal online sports betting market, as well as other major books. The Bucks reopened at +250 on DraftKings — paying $250 for every $100 bet — and +200 on FanDuel. The Bucks were +250 on DraftKings and +240 on FanDuel when the season was postponed. DraftKings left the Lakers unchanged at +250, and FanDuel’s line moved to +250 from +270. The Clippers were also unchanged at +333 by DraftKings but moved to +325 from +340 on FanDuel. The Brooklyn Nets were by far the biggest movers — moving to +8000 (DraftKings) and +5000 (FanDuel), from +20000 and +21000, respectively — on the slim hopes of a return by star Kevin Durant.
“The Bucks, Lakers, and Clippers were always going to remain favorites, but the prospect of some stars returning from injury, especially Kevin Durant of the Nets, significantly altered the lines,” said Brett Collson, betting analyst at TheLines.com. “The specific target date for the resumption of the season also gives bettors something to look forward to. Factor in pent-up demand and the next two months should spur huge interest in futures betting.”
The Denver Nuggets reopened at +3000 (DraftKings) and +2500 (FanDuel) — changing from +2000 at DraftKings and holding steady at FanDuel — making the Nuggets the favorite among teams that play in legal sports betting jurisdictions. DraftKings left the Philadelphia 76ers at +3000, and FanDuel left the line unchanged at +2500.
Odds on other teams in legal U.S. betting markets and expected to play in the 22-team reopening include:
- Indiana Pacers (+10000 DraftKings and +10000 FanDuel, from +8000 DraftKings and +10000 FanDuel)
- Portland Trail Blazers (+17000 DraftKings and +20000 FanDuel, from +20000 DraftKings and +21000 FanDuel)
To access the updated lines for every NBA team, and for more analysis, visit TheLines.com/odds/finals.
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BetConstruct
BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity
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BetConstruct, a global pioneer in iGaming and sports betting solutions, has announced a significant milestone in the gaming industry. Through its affiliate entity, BetConstruct has become the first iGaming company authorized to facilitate the issuance of both Business-to-Business (B2B) and Business-to-Consumer (B2C) licenses. This remarkable achievement was made possible by obtaining a direct license authorization from the Tobique First Nation in Canada.
The Tobique First Nation, renowned for its innovative and forward-thinking regulatory approach, has entrusted BetConstructâs affiliate entity with the authority to oversee applications and facilitate the issuance of licenses from its jurisdiction. This partnership underscores shared values of innovation, transparency, and a commitment to responsible gaming practices.
This historic development places BetConstruct at the forefront of the Canadian iGaming market, redefining the opportunities available to gaming operators. By leveraging its affiliate entityâs licensing capabilities, BetConstruct empowers businesses to navigate a streamlined and transparent regulatory environment, unlocking new opportunities for growth and innovation.
âAt BetConstruct, weâve always strived to push the boundaries of whatâs possible in iGaming. This landmark achievement with the Tobique First Nation reflects our unwavering dedication to creating opportunities for our partners while upholding the highest standards of responsibility and integrity in gaming,â said Vigen Badalyan, Co-Founder of BetConstruct.
The issuance of dual licenses under the watchful eye of BetConstructâs affiliate not only highlights BetConstructâs commitment to supporting its partners but also reinforces the companyâs role as a trusted leader in the global iGaming landscape.
This milestone signals a new era for regulated iGaming, as BetConstruct takes bold steps to establish a robust ecosystem for operators and consumers alike. With its direct license authorization from the Tobique First Nation, BetConstruct is setting a new standard for innovation, consumer protection, and sustainable growth in Canada and beyond.
The post BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity appeared first on Gaming and Gambling Industry in the Americas.
Canada
Great Canadian Entertainment and Petroglyph Development Group Announce Closing of the Acquisition of Casino Nanaimo and Elements Casino Victoria
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Great Canadian Entertainment and Petroglyph Development Group Ltd. announced that PDG has closed the previously announced acquisitions of Casino Nanaimo and Elements Casino Victoria from Great Canadian, in historic transactions for both parties. PDG is a wholly owned corporation of Snuneymuxw First Nation (the âNationâ) and is dedicated to realizing the economic potential of the Nation.
The transactions, originally announced on June 24, 2024, for Casino Nanaimo and September 10, 2024, for Elements Casino Victoria, have received all required approvals from the regulatory authorities.
âWe are thrilled to have completed these transactions. An incredible amount of work has been undertaken by our corporate team, our on-site teams at both properties, and PDG to achieve this successful closing. I am grateful for their efforts, as well as everyone at the B.C. Lottery Corporation and the Gaming Policy Enforcement Branch, who were thoughtful, diligent, and thorough in facilitating these closings,â said Matt Anfinson, Chief Executive Officer of Great Canadian.
âWe look forward to working closely with PDG during the transition period to support the continued successful operation of Casino Nanaimo and Elements Casino Victoria,â Anfinson added.
âWe celebrate the closing of our two casino acquisitions and our continued progress toward building a strong Snuneymuxw economy. For decades, Snuneymuxw leadership has worked tirelessly toward this moment, recognizing the connection between a strong economy, self-determination, and the foundation of nationhood. Today, we honour the achievements of those who came before us by securing businesses that will strengthen our Nation for generations to come. Thank you to the PDG and Great Canadian teams for your exceptional work. We look forward to a rewarding partnership with the B.C. Lottery Corporation, driving economic growth for the Nation and Province,â said Chief Mike Wyse.
Erralyn Joseph, President of PDG, said: âThis measured acquisition marks an important milestone for PDG as we continue growing a corporate enterprise that reinvests directly into the prosperity of our Nation. With a strong operating plan focused on risk mitigation and yielding sizable returns, PDG continues to generate sustainable wealth for Snuneymuxw. With every step we are realizing our socio-economic potential and influence at a local, national, and global level. On behalf of the Board of Directors, we are pleased to share this news and remain committed to advancing economic growth in support of all residents connected to Snuneymuxw territory.â
âAcquiring these assets marks a pivotal shift for Snuneymuxw and Vancouver Island. This transition will fuel the Islandâs economy, strengthening the Snuneymuxw Nation and ensuring the benefits stay local,â said Ian Simpson, Chief Executive Officer of PDG.
The post Great Canadian Entertainment and Petroglyph Development Group Announce Closing of the Acquisition of Casino Nanaimo and Elements Casino Victoria appeared first on Gaming and Gambling Industry in the Americas.
Canada
Ottawa Black Bears Announce Partnership Deal with PowerPlay
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The Ottawa Black Bears announced an extensive partnership agreement with PowerPlay Online Sportsbook and Casino that will see the companyâs logo featured on the clubâs home and away jerseys.
In addition to the jersey partnership, PowerPlay will also have branding elements inside the goal crease, behind the bench, on the LED display ring, and along the rinkboards for Black Bears home games at Canadian Tire Centre. As part of the deal, PowerPlay also becomes the exclusive sportsbook and online casino partner for the Ottawa Black Bears.
âWe are thrilled to have PowerPlay on board for our inaugural season with such a comprehensive partnership agreement. Their investment with the Black Bears represents a foundational agreement for our lacrosse club. And weâre proud to wear their logo alongside ours as we launch our franchise,â said Chelsea McDermott, Vice President of Business Operations for the Ottawa Black Bears.
âWe are excited to bring PowerPlayâs bold, community-driven spirit to Ottawa-Gatineau, partnering with the Black Bears as they establish themselves as a force in lacrosse. This partnership celebrates a sport deeply tied to Canadaâs heritage and competitive energy. Together, weâll ignite passion, energize fans, and deliver excitement all season long,â said Thomas Vermeulen, Marketing Director for PowerPlay.
The post Ottawa Black Bears Announce Partnership Deal with PowerPlay appeared first on Gaming and Gambling Industry in the Americas.
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