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NBA Trading Blows: this week’s betting market movers and shakers from Cloudbet

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The theme-park surrounds of the NBA bubble are a most appropriate venue for what has certainly been a roller-coaster ride of a postseason. The conference semifinals have so far seen one of the title favourites – Milwaukee – bundled out unceremoniously, while the Los Angeles teams – the Clippers and the Lakers – are close to moving through.

Yes, there has been no shortage of drama in the NBA bubble, even without the crowd support and the home-court advantages conferred to higher-seeded teams. Arguably, the games have been more dramatic precisely for those reasons. The first round of the playoffs was highlighted by buzzer beaters, phenomenal individual scoring and a temporary halt to protest yet another police shooting in America.

Lebron James, the game’s best-known player, has rediscovered his imperious form, while the Bucks’ Giannis Antetokounmpo may have to console himself with the MVP award (for which he’s heavily favored to win), now that he’s been relegated to the sidelines.

With the Eastern and Western Conference finals beckoning, it’s appropriate for us at Cloudbet to take stock of the big market moves over the past week.

Miami heats up

Title odds: 4.88/+388 (from 8/+700 on 4 September)

The Heat are the hot team at the moment after sweeping Indiana in the first round and rolling over the Bucks in five games. Miami cornerstone Jimmy Butler is playing close to his All-Star best, backed by strong performances Bam Adebayo and Goran Dragic, among others.

This is a line-up that outgunned Indiana and Milwaukee by an average margin of 8 points per match, and includes Duncan Robinson, who is fifth in the league for made 3-pointers this season. They’re now heading to their first Eastern Conference finals since 2014, but Butler is focused on bigger things:

Making the conference finals “means a lot, but that’s not my goal,” the All-Star swingman told reporters after closing out the Bucks series. “We want to win it. We want a championship and I think that’s what we’re focused on.”

Butler, who is currently in the deepest playoff run of his eight-year career, indicated that the Heat haven’t played their best basketball yet: “I don’t think we’ve played a full 48-minute game yet and that’s what’s promising. If we do lock in from start to finish and play the way that we’re capable and the way that we’re supposed to, the game will be a lot easier. But it’s yet to happen and we’ve got to have it happen in the next round.”

An ominous signal for their next opponent, the winner of the Toronto-Boston semifinal.

We the West

Los Angeles Clippers title odds: 2.76/+176 (from 3.14/214) 

Los Angeles Lakers title odds:2.96/+196 (from 3.54/254) 

 

While not a massive improvement in their lines, it’s worth just talking about the two LAs because of their star-studded line-ups, and because they’re inching closer to facing each other in the Western Conference finals. Both units are leading all current playoff teams in points per game and field-goal percentage.

The Clippers were efficient in dispatching Dallas in the first round, even through injury and Covid-related personnel issues, and now hold a commanding 3-1 series lead over  Denver. Kawhi Leonard is the joint second-highest scorer of all players left in the playoffs (with the Lakers’ Anthony Davis), and the Clippers have averaged more points than any other unit in the postseason.

They’ve been boosted by the return of guard Patrick Beverley from a calf injury, and some solid scoring efforts from their other superstar Paul George. Markets favor the Clippers to end the Nuggets series in Game 5 (1.25/-405).

Meanwhile, after early bubble yips, the Lakers have rediscovered their offense in the playoffs, averaging 114 points per game. That’s a big improvement over the 106 they had in their eight regular season contests in the bubble.

GOAT contender Lebron James has lifted his game, as he has done frequently in his career: He’s currently the playoffs’ assists leader, with 9 dimes per game, and the league’s fourth-highest scorer this month. The Lakers have been boosted by Rajon Rondo, who has taken some of the playmaking burden off James’ shoulders.

The Lakers are 3-1 up against a Houston Rockets team that can also score by the truckload, but are coming off  a seven-game series against Oklahoma City. Rocket guard Russell Westbrook has shown some flashes of brilliance, but has been struggling with form and a thigh injury.

The Lakers’ latest victory over the Rockets is James’ 163rd playoff win – the most by any player in NBA history.

“It doesn’t happen without the supporting cast,” James said of his playoff record, after winning Game 3 against Houston. The same is certainly true of winning a championship this year, and based on their recent form, the Lakers are looking good on that front.

We the… North?

Boston title odds: 8.03/+703 (from 7.09/+609)

Toronto title odds: 9.95/+895 (from 13/+1200)

 

The Celtics replace Milwaukee as favorites to take the Eastern Conference title after sweeping Philadelphia in the first round and winning the first two games over the Toronto Raptors. Since then, Boston’s line has drifted as they dropped three of the last four games to a Raptor unit that continues to defy expectations.

Jayson Tatum has been a stud for the Celtics in the playoffs, leading his team with 27 points per game, with support from Kemba Walker and Jaylen Brown. The Raps, however, found a way to contain Walker in Game 6, a double-overtime thriller destined for the pantheon of classic NBA match-ups.

Defending champions Toronto, meanwhile, refuse to go quietly into the night, thanks to gutsy performances from guards Kyle Lowry and Fred Van Vleet. This is a team that had the second-most regular season wins in the league this year, even without Kawhi Leonard, who left for the Clippers after last year’s title run.

The Raps have now leveled the series with the much more talented and fancied Celtics – and are looking to go one step further.

“Winning is all that matters right now,” a determined Lowry said after scoring 33 points in Game 6. “Just go and win, it don’t matter how you get it done, don’t matter who gets to do it.”

Truer words rarely spoken.

Results and odds are current as of 8am UTC on Friday 11 September.

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Duelbits adds Same Game Parlay for soccer player props and World Cup betting

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New SGP lets users combine up to 10 same-match selections plus 10 across multiple events on desktop and mobile.

Duelbits has launched Same Game Parlay (SGP), adding a sportsbook feature that lets players combine multiple player and match markets within a single bet slip. The company said the initial rollout is focused on soccer and World Cup betting and is available on desktop and mobile.

The SGP product supports same-match combinations across player props including goals, shots, shots on target, assists, cards, fouls, tackles and goalkeeper saves, alongside match and team markets such as match winner, goals, corners and shots. Duelbits also said users can build parlays across multiple events where SGP markets are available.

Duelbits positioned the launch as a fix for bet combinations being rejected or marked invalid, saying the feature is powered by a specialist player props and statistics provider to reduce rejected selections and streamline odds updates and settlement. At launch, players can include up to 10 selections within a single event and a further 10 selections across multiple events, with plans to expand those limits in future updates.

Jasper Hoekert, Chief Marketing Officer at Duelbits, said: “Same Game Parlays have become one of the most popular sportsbook products globally, particularly as player prop betting continues to grow across major sports. We saw a clear opportunity to improve the experience available to our players by offering significantly more combinations, reducing invalid bet rejections, and creating a smoother betting journey overall.

“This initial launch is focused on soccer and the World Cup, but it’s only the first step. Our long-term vision is to allow customers to combine virtually any market they want across sports, events and player props, with US sports being the main focus for phase 2. We believe there is a significant gap in the crypto sportsbook market for this type of offering, and we’re excited to continue expanding the product over the coming months.”

The post Duelbits adds Same Game Parlay for soccer player props and World Cup betting appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Austria

Austria Could Force Offshore Operators To Sit Out Market Launch

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Debate is raging within the Austrian government about whether to impose a cooling off period and freeze ex-grey market operators out of its upcoming open online casino market, with local operators looking to inflict maximum punishment and legal experts arguing that the proposal would be self-defeating.

Austria is on course for an historic opening of its long monopolized online casino market. Currently, only Casinos Austria, via its brand Win2Day, has the approval of the Austrian government to offer online casino games to the general public.

But for many years, that legal status was ignored by operators based largely out of Malta, who populated a vibrant grey market by leaning on the controversial argument that Austria’s monopoly model is in violation of EU law.

These offshore operators were eventually forced to retreat by a series of high profile court rulings that found Austrian consumers have the right to reclaim any and all losses to an operator without an Austrian licence.

Facing potentially hundreds of millions of euros in compensation claims, grey market providers have largely retreated to Malta, where Bill 55 continues to protect them.

With liberalisation now on the horizon, some forces within the Austrian government and the local gambling industry are insistent that companies which took part in the grey market should not be allowed to simply apply for a licence and wipe the slate clean.

Who’s in favour?

Those lobbying the hardest for a cooling off period are Austrian incumbents.

“One day you’re offering illegal services and the next day you get a license – that’s absurd,” a spokesperson for Casinos Austria told the Kronen Zeitung newspaper.

They are joined by German-headquartered gambling giant Novomatic, which operates a number of land-based venues in Austria under the brand Admiral.

Having sat on the sidelines of the online market for many years, Admiral is incensed by the idea that it could be competing on day one of a new market with operators who did not take the same approach.

The three parties that form Austria’s coalition government are still debating the issues, according to reports.

The only major practical example of a true “cooling off” period occured in the Netherlands, where an 18-month prohibition was in place that prevented many companies from entering the market when it opened in 2021.

At the time, Kindred reported that being forced to sit out market launch had cost it $16.2m a month, wiping out effectively 50 percent of the group’s EBITDA.

Kindred, which has since transformed into FDJ United following an acquisition by the French lottery giant, subsequently regained its strong Dutch position following the end of the cooling off window.

Likely to cool

At least one Austrian legal expert believes that there is a good chance that some form of cooling off, or an equivalent punishment, will be enacted as part of the new law.

“At the moment, it is likely that some form of cooling-off period will be introduced, perhaps by introducing sanctions that apply prior to licensing, but the details are yet to be determined,” said Nicholas Aquilina, a partner at Brandl Talos law firm.

“Whether a cooling-off period will be introduced and how restrictive measures will be will have a substantial impact on the success of the long-overdue opening of Austria’s online gambling market,” he added.

The time pressures referenced by Aquilina relate to the expiry of Win2Day’s exclusive licence, which is set to run out in October 2027. The government intends to establish its new online gambling regime well ahead of that date, so that new licences can be issued in time.

Any attempt to extend Win2Day’s monopoly could run into challenges with EU tender laws and the other highly unpalatable option is to leave the nation in limbo with no legal providers at all.

Complications

Despite how the debate has been framed by some parties, the reality will not be as simple as either allowing ex-grey market offenders into the new Austrian online casino marketplace free of consequence or forcing them to spend time in the sin bin.

There is broad political agreement that any international operator looking to obtain a licence in Austria must pay back taxes owed on its former activity in order to be granted approval.

Operators will also need to settle any outstanding player refund claims, something which could cost companies huge sums and may ultimately keep some of them out of the market for good.

There are thought to be thousands of pending refunds, which operators have largely been refusing to pay while they take refuge behind Malta’s Bill 55.

Against that backdrop, lawyers Christian Rapani and Felix Hohenthanner argue that the penalties for returning to Austria will likely be harsh enough.

“A further exclusion of two to three years on top of that would, in our view, work against the reform’s own central objective. The operators currently holding the largest share of Austrian play are exactly the ones a cooling-off period would shut out. If they cannot offer a licensed product for two to three years, their customers, it is highly likely, will not migrate to the licensed providers,” they told EEGaming.

Ultimately, the two lawyers said, the push for a cooling off period is more about protecting the vested interests in Austria’s casino market than an attempt to keep gamblers safe.

“Our impression is that the proposal is supported essentially only by the land-based operators and by the single provider that already holds a licence in Austria, in other words by those who benefit from keeping new entrants out. We therefore see it less as a genuine player-protection measure than as a last attempt to preserve existing market positions,” they said.

The post Austria Could Force Offshore Operators To Sit Out Market Launch appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Africa

African iGaming Alliance names SPRIBE a Platinum Supplier Member

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The African iGaming Alliance (AiA) has signed a strategic partnership with iGaming supplier SPRIBE, with SPRIBE joining the pan-African industry association as a Platinum Supplier Member.

AiA said the partnership will focus on regulatory engagement, industry research, responsible gaming initiatives, policy advocacy and stakeholder engagement aimed at strengthening regulated gaming markets across African jurisdictions.

According to AiA, the collaboration will also support efforts to promote effective regulation, combat illegal gambling, improve market channelisation and encourage evidence-based policymaking.

Peter Emolemo Kesitilwe, Chief Executive Officer of the African iGaming Alliance (AiA), said:

“SPRIBE’s decision to join the African iGaming Alliance as a Platinum Supplier Member represents a significant endorsement of our vision for a sustainable and well-regulated African gaming industry. As one of the industry’s leading technology innovators, SPRIBE brings valuable expertise, insight, and global experience that will strengthen our efforts to support regulators, governments, operators, and other stakeholders across the continent. We look forward to working closely together to promote responsible gaming, regulatory best practice, and long-term industry sustainability.”

The post African iGaming Alliance names SPRIBE a Platinum Supplier Member appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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