Latest News
City Bet Club records most bookie-friendly World Cup in history
Tournament of record margins – but early punter wipe-outs have likely impacted overall turnover
City Bet Club, the expert tipster service founded by leading betting industry veterans, has announced that it expects this year’s World Cup to have been the most bookmaker-friendly in recent history.
In what will no doubt prove to be a standout event for years to come, the tournament has likely been the best ever in terms of margin for bookies, with not a single day during the group stages seeing all favourites winning their games.
With early shocks including Saudi Arabia beating Argentina, Germany’s defeat to Japan and Tunisia overcoming France, the bookies saw significant revenue netted far earlier than usual in the tournament.
As well as significant losses in the group stages, higher than expected revenue for bookmakers was compounded further with multiple 90-minute draws during the knockout stages.
As a result, this year’s World Cup is likely to point towards a significant margin-win for betting operators, and early-stage wipe-outs for many punters.
However, with a finite spend for punters, City Bet Club predicts that turnover levels will have been significantly impacted during the knockout stages of the tournament, with publicly listed operators’ January 2023’s earnings reports likely to downgrade many financial analysts’ expectations.
Commenting, David Brown, Co-founder of City Bet Club, said: “In reflecting on this year’s World Cup, and taking my personal industry experience of every tournament since Argentina 1978 into account, this is by far the most bookie-friendly competition in terms of results that I’ve ever known.
“I’m also picking up whispers from around the industry that ‘like for like’ turnover is down significantly on Russia 2018 levels. Now, part of this could be down to the results and timing, but it is also likely to be an effect of the compliance hoops both bookmakers and punters must go through now.
“All eyes are now on the return of the Premier League. City Bet Club can really help to empower recreational punters with pro punter insight. We complete this research so that our members don’t have to, and we can’t wait to keep fuelling a high level of sports betting engagement in the new year.”
Founded in 2022, City Bet Club is led by industry veteran David Brown – who set out to create a member’s club that provides the shrewdest sports betting selections on the market.
By utilising the trading expertise and bookmaking insights of its founding members, its ethos is to provide consistently high-quality insight that is exclusive to City Bet Club members at an affordable subscription price.
Staffed with an expert team of industry insiders who research daily betting opportunities in great depth, the company offers a potent combination of high-quality people, technology, and contacts to put the odds in the punter’s favour.
Powered by WPeMatico
Angela Bernhard Thomas
CAPCOM’S STREET FIGHTERTM 6 GOING TO COLLEGE THIS FALL
- CSMG will create and operate College Street FighterTM Tour in North America for the 2024-25 academic year
- College conference Street Fighter 6 champions will punch their ticket to the national Collegiate Esports Commissioner’s Cup (CECC) & May Madness in 2025
Clark County
Clark County residents can bring a friend for free to next week’s Super Bingo $160,000 tournament at the Plaza Hotel & Casino, May 6-8
Home to downtown Las Vegas’ only bingo room, the Plaza Hotel & Casino is offering Clark County, Nevada residents who register to play in next week’s Super Bingo tournament the opportunity to bring a friend for free.
Happening Monday, May 6 through Wednesday, May 8 in the Plaza’s expansive ballroom, Super Bingo is expected to draw nearly 1,000 people from the local Las Vegas valley and across the country and Canada for the opportunity to win big playing fun-filled games of bingo over two days, with a $50,000 super coverall both days while socializing with like-minded bingo players.
Bingo-only registration is $160 per person, and Clark County residents who register can bring a friend for free. Registration is available online at https://www.plazahotelcasino.com/bingo/super-bingo-registration/. Hotel-and-bingo packages start at $300 for a four-night stay with no resort fee.
All Super Bingo players receive one 6-on paper pack for both days, two daubers, free drinks via an open bar at all sessions, boxed lunch both days, and $10 in free slot play after the first day’s session.
The Plaza’s Bingo room offers six daily bingo sessions at 11 a.m., 1 p.m., 3 p.m., 5 p.m., 7 p.m. and 9 p.m. and is located on the 3rd floor. By parking on the third floor of the Plaza’s self-parking garage, guests have convenient and direct access to the Plaza’s bingo room and parking is validated for bingo players.
Gambling in the USA
Kambi Group plc extends Mohegan partnership with on-property sports betting agreement in Pennsylvania
Kambi Group plc (“Kambi”), the world’s trusted sports betting partner, has agreed a long-term on-property sportsbook partnership with Mohegan to provide its award-winning sportsbook at two retail locations in the state of Pennsylvania.
The partnership will see Mohegan utilise Kambi’s cutting-edge retail sportsbook offering across more than 20 kiosks in sportsbook locations at Mohegan Pennsylvania and Mohegan Pennsylvania at Lehigh Valley Race and Sportsbook.
The deal further strengthens Kambi’s relationship with Mohegan, which already utilises Kambi’s suite of sports betting products at ilani in Washington, as well as online and on-property in the Canadian province of Ontario at Fallsview Casino Resort and Casino Niagara.
Kristian Nylén, Kambi CEO and Co-founder, said: “With several successful partnerships with Mohegan already in place, we are pleased to agree this new partnership as we continue to build on our strong relationship.
“This latest deal further reinforces Kambi’s position as the sportsbook provider of choice for tribes across North America, and we look forward to our ongoing collaboration with Mohegan.”
Tony Carlucci, President & GM of Mohegan Pennsylvania, said: “Mohegan Pennsylvania is excited to continue utilising the same Kambi technology platform that existed under our Kindred partnership, which will help to create a seamless process as the Sportsbook at Mohegan Pennsylvania fully rebrands later this Spring.”
-
Balkans5 days ago
CT Gaming to Showcase its Latest Products at the Belgrade Future Gaming Exhibition
-
Australia5 days ago
Nerida O’Loughlin Reappointed as ACMA Chair
-
British Columbia Lottery Corporation5 days ago
SCCG Management Signs Contract with British Columbia Lottery Corporation
-
Asia5 days ago
Indonesia Establishes Task Force to Combat Online Gambling
-
Latest News5 days ago
NetBet Casino Joins Forces with Habanero
-
Latest News5 days ago
PRAGMATIC PLAY DROPS CANDY BLITZ BOMBS
-
BiS SiGMA Americas4 days ago
Sportingtech Places New Local Talent Front and Center at BiS SiGMA Americas
-
Andre Filipe Neves4 days ago
Salsa Technology Hails Hugely Successful BIS SiGMA Americas