BtoBet
BtoBet: US BETTING REPORT HIGHLIGHTS STRONG MOBILE GROWTH AND INCREASING TRIBAL CASINO MARKET SHARE
Leading sportsbook supplier BtoBet has published an Industry Report, with the latest in its betting focus series focusing on the highly appealing US market.
The US Betting Focus analyses the growth of the market since the Supreme Court repealed the Professional and Amateur Sports Protection Act, otherwise known as PASPA. Forecasts indicate that the $7.7 billion in combined gross revenue generated by the US sports betting and online gaming markets in 2021, could more than triple in three years. Data published by leading industry consulting firms indicates that the market’s sectors are on pace to reach $24.3 billion by 2026, making the US the largest gaming market on the planet at double the size of the UK’s.
The report focuses particularly on:
- The evolving US sports betting legal landscape
- The record growth registered throughout the years
- The growth of the mobile channel in comparison to retail
- The ever-increasing tribal casinos market share
- Sports betting revenue per state, and
- Betting attitudes and demographics
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Alberta Gaming
NeoGames’ BtoBet Marks North American Market Entry with PlayAlberta Sportsbook Agreement
NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a technology-driven provider of end-to-end iLottery and iGaming solutions, announced today that its subsidiary BtoBet, a sports betting provider, has entered into a long-term sportsbook partnership with Alberta Gaming, Liquor & Cannabis (AGLC and PlayAlberta.ca), the only legal online gambling website for the Canadian province of Alberta. This agreement also marks BtoBet’s entry into the North American market.
This partnership follows the agreement that AGLC already has in place with NeoPollard Interactive to build and maintain PlayAlberta’s gambling platform.
Through this agreement BtoBet will assist in the growth and improvement of PlayAlberta’s online sportsbook, providing its fully managed sportsbook solution, ensuring unparalleled online sports betting entertainment for PlayAlberta’s players. PlayAlberta plans to complete its online sportsbook migration to BtoBet’s cutting-edge sportsbook technology during Q3 2023.
BtoBet’s quick integration, compliant technology, and speed-to-market capabilities will enable the partnership to expand rapidly.
Tsachi Maimon, President and Head of iGaming at NeoGames said: “We are delighted to enter into this long-term partnership with PlayAlberta, allowing us to enhance and expand their sports betting platform and services. As a proven leader in sportsbook provision, BtoBet is confident that this collaboration with PlayAlberta will provide their players with the optimal betting entertainment they demand – be it a strong offering related to hockey, player props, or same game parlays. We are excited to usher in the next generation of betting experiences through localised betting offers, including offers for the Canadian Football League, the Premier Lacrosse League, and unique special bets for a variety of sports focused on Canadian athletes.”
Leading sportsbook supplier BtoBet has published its latest Industry report in the betting focus series with the report focusing on the market’s growth since it was regulated in 2016 and its outlook for the short and medium term.
The industry report discusses how Latin America is the most exciting emerging region in the gaming world right now. It further opines that with operators and suppliers alike scrambling to take advantage of the opportunities that are opening up as jurisdictions push through new regulation, Colombia is viewed by many operators and suppliers looking to make the leap into Latin America as an ideal stepping stone.
Several further points of interest are found in the report:
* Colombia’s constant growth
* Legislative overview
* Player psychographics
* Technological landscape
BtoBet’s Europe Betting Focus is available for free and can be accessed on BtoBet.com. Want to get in-depth information regarding the opportunities that characterize the European market? Get in touch with our experts on [email protected].
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BtoBet
NeoGames and Intralot do Brasil Announce Launch of LotoMinas iLottery and Online Sports Betting in Minas Gerais
NeoGames S.A. and Intralot do Brasil (also known as Saga Business Games Inteligence) announced the launch of the first regulated iLottery and online sports betting solution in Brazil, for Loteria Mineira, the official lottery of Brazil’s second largest state, Minas Gerais.
The launch of “LotoMinas” marks NeoGames’ entry into the Brazilian market and is the beginning of a multi-year turnkey project with the local lottery operator. It is NeoGames’ first cooperation with Aspire Global and BtoBet, both companies that NeoGames acquired last year, which are now part of the NeoGames group of companies.
The comprehensive digital solution in Minas Gerais is anticipated to build upon the state’s currently operating, successful retail lottery and digital keno program. NeoGames has implemented a local cloud based solution in Brazil, with its industry leading NeoSphere platform, a suite of eInstant games from the NeoGames Studio tailored to the local market, a range of services from Aspire Global, including CRM management and sports risk management, and a complete online sports betting solution from BtoBet, including Managed Trading Services. At launch, 18 games were selected to be available for players, including the award-winning Queen of Diamonds, Instant Keno Multiplier and VIP Platinum.
“We are excited to announce this truly groundbreaking launch in the Brazilian market, marking the go-live of a state lottery in Brazil with a full iLottery and online sports betting offering. We are proud to partner with such an experienced team at Intralot do Brasil, who understand the local market so well and has built a solid operation and reputation. Together we will provide online lottery and sports betting players in Minas Gerais with a first-class online gaming experience. This deal is another demonstration of how we have brought the benefits our recent strategic acquisition into play; capitalizing on the online sports betting solution from BtoBet and the managed services from Aspire Global. This project truly exemplifies the strategic benefits that the NeoGames group of companies offer,” NeoGames CEO Moti Malul said.
“As a market pioneer in the Brazilian lottery market, this partnership with NeoGames, one of the industry’s most innovative iLottery providers, is truly a natural fit. We’re excited to offer our players a comprehensive digital program that will broaden and enhance the range of content and services that we offer them. The new modalities of online instant games and sport betting, and investments in technology are also part of the expansion plan for new states and federal licenses. We are confident that this collaboration with NeoGames will advance the lottery,” said Saga Business Games Inteligence and Intralot do Brasil CEO & Owner, Sérgio Alvarenga.
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