Canada
Spreadex signs two-year renewal for North American racing with XB Net
Leading spread-betting firm extends its distribution deal for premium pictures, betting data and odds ahead of Triple Crown weekend
XB Net, the leading provider of premium content for US horse and greyhound racing, has announced the two-year extension of its ongoing partnership with sports spreads and fixed-odds betting firm, Spreadex.
The deal sees the St Albans-based operator renew the rights on XB Net’s wealth of live pictures, data and betting services across an unrivalled network of over 50 North American tracks, allowing Spreadex to flexibly load its daily timetable with a deep well of fast-settling betting opportunities that are proven to drive digital dwell-time and diversify revenues.
Spreadex’s popular daily markets will continue to feature aggregated performance markets, race-by-race index spreads and binary fixed-odds markets. While XB Net’s end-to-end solution opens up many of the world’s most prestigious horse races, including this weekend’s Belmont Stakes, the Preakness Stakes, the Pegasus World Cup and the Breeders’ Cup, alongside a suite of storied dog tracks in Florida.
Saturday night’s Belmont Stakes raises the curtain on a U.S. Triple Crown rescheduled in the shadow of the coronavirus pandemic. A stellar card, kicking off at Belmont Park just hours after the final race at Royal Ascot, reaches its climax with the Belmont Stakes (22:42 BST) where the undefeated Tiz The Law has captured the betting market and local fan attention at the famous New York track. Winner of the Florida Derby at Gulfstream Park, Tiz The Law has already booked his spot at the Kentucky Derby on 5th September, with the Preakness, the final jewel in the Triple Crown and another XB Net flagship race now set for 3rd October.
XB Net is the pacesetter for live North American racing content, managing international rights, data, odds and live broadcast and video streaming on behalf of its growing global portfolio of partners. Harnessing low-latency feeds from more than 2,500 meetings, showcasing over 25,000 races per year, North American racing is converting untapped audiences as global operators plug the gaps on an interrupted calendar of live sport.
Simon Fraser, Senior Vice President of International at XB Net, said: “It’s a real validation of our team’s hard work that a name as respected as Spreadex has renewed our full package of pictures, data and content rights. North American racing has been one of very few top-class sports which has been able to maintain a robust timetable and a high bar for top-notch, rapid-cycle content that can be used to fill the void across any slot or time zone.
“Although high-class horse racing has happily returned to the UK, those viewers and bettors who were drawn to North American racing during the lockdown have largely been retained which is very encouraging. This weekend’s Belmont Stakes in New York, whose undercard is also screened live on Sky Sports, can again prove the point by picking up the bit from the final day of Royal Ascot on Saturday evening. Maybe the Queen and Queens aren’t so far removed after all!”
Shaun Howells, Sports Room Manager at Spreadex, added: “We’re thrilled to be renewing these distribution rights in our ongoing alliance with XB Net, whose one-stop shop for betting services has opened our customers’ eyes to the excitement and accessibility of stateside racing, creating extra revenue streams in the process. With many of our clients located in the UK, there are natural leisure-time synergies to be had with North American racing, We’re delighted to see that levels for engagement and retention have improved as a result.”
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Canada
St8 launches in Ontario through partnership with Tonybet
Casino games aggregator and full-service technology provider, St8 has officially gone live in Ontario’s regulated market through a new partnership with international brand Tonybet.
Through the partnership, Tonybet gains access to St8’s casino games aggregation platform, offering a wide range of premium titles from leading providers through a single API, alongside bonusing and promotional tools, compliance and licensing solutions, advanced reporting and data capabilities.
Built as a single scalable platform, St8’s products are designed to help operators launch and grow across regulated markets with fast, flexible technology solutions while maintaining full compliance.
The agreement marks a further step in St8’s global growth strategy as the company continues to expand its presence across regulated jurisdictions.
Vladimir Negine, CEO at St8, said: “Going live in Ontario is an important milestone for St8 and reflects our continued commitment to growth in regulated markets. Since receiving our Ontario licence, we have focused on building strong local partnerships and delivering a platform that combines scalability, speed and compliance.
“As a respected international brand, Tonybet shares our commitment to building reliable solutions for regulated markets, and we look forward to working closely together as we continue to expand our presence in regulated jurisdictions worldwide.”
Kiryl Liudvikevich, Head of Product at Tonybet, added: “As we expand our presence in Ontario, it is important for us to work with technology partners that support continued growth while meeting the highest regulatory standards.
“St8’s platform gives us the flexibility to integrate a wide range of content and tools through a single connection, helping us scale smoothly while maintaining a strong focus on player experience.”
St8 continues to lead the way as a partner of choice for regulated markets. In addition to its Ontario licence, the company holds licences in key regulated jurisdictions like the United Kingdom, Sweden and Romania, among others.
The post St8 launches in Ontario through partnership with Tonybet appeared first on Americas iGaming & Sports Betting News.
Canada
Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives
Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.
The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.
Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.
The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.
Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.
The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.
Alex Malchenko
Evoplay Strengthens Canadian Presence with BetMGM Partnership
Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.
The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:
• Hot Triple Sevens
• Hot Volcano
• Gold of Sirens Bonus Buy
• Inner Fire Bonus Buy.
These are games that have already demonstrated strong results across multiple regulated markets.
This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.
Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.
Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”
The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.
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