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European Gaming Congress 2024

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Best-odds sportsbook app SBK launches in Indiana with no-margin special offer

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SBK, the best-odds sportsbook app developed by Smarkets, has launched in its second state, Indiana, after receiving approval from the Indiana Gaming Commission.

SBK made its US debut in Colorado in 2020 via its multi-million-dollar partnership with Full House Resorts (Nasdaq: FLL), whose sports betting license at Rising Star casino is facilitating the launch in Indiana.

To celebrate the app’s full launch in Indiana, SBK will be offering zero-margin odds on the spread and totals markets for the Thursday night NFL game between the Indianapolis Colts and Denver Broncos, as well as a ‘Bet $20, Get $100’ sign-up offer.

An example spread market with zero margin – or no house edge – would be Colts +3.5 at -105, Broncos -3.5 at +105. Check the SBK app for the latest lines and read more about the zero-margin offer on the SBK Help Center here.

Smarkets CEO/Founder Jason Trost said: “We have a lot of momentum as a company right now – the launch in Indiana is just one of many more exciting milestones on the horizon.

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“As one of the only smaller, private operators to have successfully launched in the US, I’m thrilled to go live in a second state with SBK.

“We are simply not like other operators; our focus is on providing the best odds possible and in-house product excellence, and we believe this ethos will win out in the long run.”

SBK is powered by Smarkets’ other main product – the Smarkets betting exchange – and provides customers with market-leading odds, as well as an intuitive interface and community-led social network where users can post bets and follow picks from others.

Sports bettors in Indiana can download SBK from the App Store for iOS or the Play Store for Android. Visit getsbk .com/us for more information.

SBK will also go live in Iowa in the coming months following a deal with Affinity Interactive that Smarkets made earlier this year.

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Last year the parent company of SBK, Smarkets, announced a Series B funding round with Susquehanna Growth Equity, an investing arm of financial services giant SIG.

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

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ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

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*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

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BCLC

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

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INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

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Canada

IAGR announces Toronto as host city for 2025 conference

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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.’

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Stay tuned for registration details early next year.

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