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Category Archives: Sports Betting

Sports betting in Texas: When it will be legalized, how to bet online, where to find picks, top-notch promos – CBS Sports

Posted: July 13, 2022 at 8:44 am

Texas sports fans anxiously await the day their great state will allow them to bet on sports in Texas. Although many states throughout the South have not legalized sports betting and are not likely to pass it in the near future, several have, including Tennessee, Louisiana, and Virginia. The success of sports gambling in these states through the internet and mobile phones has created new momentum for the industry. The most recent push for sports betting in Texas stalled in 2021, but now analysts are projecting a further push for Texas sports betting in 2023. The candidates for governor have also weighed into this issue, with one leaning towards approving Texas mobile sports betting.

If Texas online sports betting gets legalized, Texas sportsbook sign-up offers and Texas sportsbook promotion codes are bound to be very popular with new bettors in Texas. Before Texas online sportsbooks get the go-ahead, new bettors should be familiar with common online sportsbook terminology. Here is a guide to sports betting terms from our friends at SportsLine that will help you get ready in case Texas online sportsbooks become a reality.

There are several ways you can make sports wagers both online and in retail sportsbooks and plenty of bet types you'll want to familiarize yourself with.

Bankroll: A bankroll is a designated pot of funds that a bettor establishes for themselves that they are willing to gamble. Knowing where your limit is and sticking to it can help bettors keep their footing in sports gambling even if there are losses. Determining and sticking to this specified limit is a critical way to gamble responsibly for the long term and never lose more money they can't afford.

Unit: Based on the designated bankroll outlined above, a unit is the specific amount of money a bettor uses to wager on any individual bet. To calculate a unit, most experts say to use one to three percent of your bankroll. Then, you can use the unit system to guide when you gamble and evaluate your performance. Most professional gamblers use a unit indicator like +10.5 to show how profitable they have been over time. The unit system is a way to gamble responsibly because you will never lose too much on any one bet.

Edge: The edge in sports gambling refers to when a sports gambler believes they have a strong bet because of a trend, stat, or indication that has not been incorporated into the set line. Because of this indicator, a gambler believes the wager should win because the bookmaker missed something. You will hear this mostly from professional bettors who study the lines and try to pick up edges to be profitable in the long term. But be careful; just because the bettor believes they have an advantage does not mean the bet will win.

If you're looking for the best values on the board in Texas or elsewhere, be sure to check out SportsLine, which specializes in Vegas picks, DFS advice and season-long fantasy sports projections.

An industry leader, SportsLine.com provides advanced computer modeling, expert picks, news and analysis of all the biggest events in sports. It can help you identify in which games you'll have the biggest statistical advantage. Plus, you'll get access to a team of over 40 experts.

SportsLine provides betting advice across the four major professional sports, college sports, golf, tennis, soccer, combat sports, horse racing, auto racing and more. It's a proven resource to sports bettors around the world. You can sign up here to enjoy all of the sports betting and fantasy sports advice that SportsLine has to offer. Then, use your knowledge to crush Texas online sports betting when it's a reality.

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Sports betting in Texas: When it will be legalized, how to bet online, where to find picks, top-notch promos - CBS Sports

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Global Online Sports Betting Industry Insights 2022-2027: Football, Basketball, Horse Racing, Baseball, e-Sports, and Other Events -…

Posted: at 8:44 am

DUBLIN--(BUSINESS WIRE)--The "Online Sports Betting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022-2027)" report has been added to ResearchAndMarkets.com's offering.

The global online sports betting market is projected to grow at a CAGR of 10.23% during the forecast period (2022-2027).

The COVID-19 pandemic has had an positive impact on the market as consumers went more to the internet platform to bridge their financial, social, and psychological crises during lockdowns during COVID-19. According to a study done by Lund University, Sweden, consumer interest in online betting platforms has increased as a result of enjoying streamlined experience of having access to full list of betting markets from their desktop or even mobile devices.

Online sports betting is predominantly applied in events, such as FIFA World Cup and European Championships. Online betting is also popular in horse racing and tennis. Many of the online sports betting companies are sponsoring different teams as a part of their marketing initiatives and strategic expansions.

For the 2020 UEFA Euro Cup, the Gaming Innovation Group (GIG) launched an advanced and innovative platform for sports betting. The product integrated platform services that are super responsive, flexible, and data-driven will help operators perform better than their competitors by crafting the best user experience possible.

Key Market Trends

Increasing Popularity of Online Gambling

Due to the increasing global popularity of both sports betting and football as a sport, the football segment of the global online sports betting market records a high betting volume, with a growing number of bets, especially from European countries such as Italy, France and Spain, where football enjoys high popularity. The online betting segment is predominantly applied in the sports category, especially in football events, such as FIFA World Cup and European Championships.

Many of the online sports betting companies are sponsoring different teams as a part of their marketing innovations and strategic expansions. For instance, the Bwin brand, a pioneering online sports brand across Continental Europe, attained global recognition through high profile sponsorships with football clubs, such as Real Madrid and AC Milan. Nowadays the vast majority of football bets are placed online, attributed to the significant changes in the products and various betting markets that bookmakers offer. It has become very common that there will more than 100 different betting markets for any football match. Online sports betting popularity is increasing all around the world.

Europe Emerged as the Largest Market

The market records a high demand from European betting consumers, who bet across multiple leagues, pre-match and in-play. The market generates a major portion of its revenue from the United Kingdom, Spain, Germany and other European countries as most companies are using expansion into regulated markets as their strategy to generate sustainable revenues.

As the online sports betting is predominantly applied in events, such as FIFA World Cup, Wimbledon championship and European Championships, Europe's online sports betting market posted significant growth in the last few years, due to the 2021 Wimbledon Championship, Tennis emerged as one of Europe's biggest betting sports in 2021, despite Wimbledon occurring at the same time as the UEFA Euro Cup, which indicates the growing popularity of online sport betting across the European region.

Competitive Landscape

The market studied is characterized by intense competition and is highly fragmented due to the strong presence of regional and global players. The market is dominated by key players, like Bet365, GVC Holdings PLC, The Stars Group, 888 Holdings PLC, William Hill PLC. Key players compete on various factors, including offerings, user experience, brand equity, personalized payoffs, as well as access to various platforms. The dominating players have been focusing on mergers over the past few years, primarily to increase their stake in the market and to improve profit margins. For instance, Paddy Power PLC and Betfair PLC merged to form Paddy Power Betfair PLC. Similarly, Ladbrokes and Coral formed Ladbrokes Coral Group PLC post completion of their merger. Key players compete on various factors, including offerings, quality of betting content, user experience, brand equity, personalized payoffs, and access to various platforms.

Key Topics Covered

1 INTRODUCTION

1.1 Study Assumptions and Market Definition

1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Restraints

4.3 Industry Attractiveness - Porter's Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Sport Type

5.1.1 Football

5.1.2 Basketball

5.1.3 Horse Racing

5.1.4 Baseball

5.1.5 e-Sports

5.1.6 Others

5.2 By Device

5.2.1 Desktop

5.2.2 Mobile

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Most Adopted Strategies

6.2 Market Share Analysis

6.3 Company Profiles

6.3.1 888 Holdings PLC

6.3.2 GVC Holdings PLC

6.3.3 BET 365

6.3.4 William Hill PLC

6.3.5 The Stars Group

6.3.6 Betsson AB

6.3.7 Kindered Group PLC

6.3.8 Paddy Power Betfair PLC

6.3.9 Cherry AB

6.3.10 Flutter Entertainment PLC

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19 ON THE MARKET

For more information about this report visit https://www.researchandmarkets.com/r/gsc5eh

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Global Online Sports Betting Industry Insights 2022-2027: Football, Basketball, Horse Racing, Baseball, e-Sports, and Other Events -...

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California Democratic Party voted in opposition of online sports betting measure – For The Win

Posted: at 8:44 am

The California Democratic Party revealed its ballot measure endorsements for November, and the measure to legalize online sports betting was not among them.

The party voted Sunday in opposition of Prop 27, the online sports betting measure, while remaining neutral on a separate measure to legalize sports betting at tribal casinos and race horse tracks. The partys stances on these competing measures give voters a guide on which way to vote when they appear on ballots in November.

The only thing left to be seen is whether voters will take the recommendations on sports betting, which is currently legal in over 30 states including at least 20 that allow online betting.

By opposing Prop 27, California Democrats rejected out-of-state corporations and reaffirmed their commitment to Californias Indian tribes, Agua Caliente Band of Cahuilla Indians Tribal Chairman Reid Milanovich said in a press release. Prop 27 is not a solution to anything. It would expose children to a massive expansion of gambling and turn every cell phone, gaming console, tablet and laptop into a gambling device. Prop 27 is a direct attack on tribal gaming and Indian self-reliance.

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California Democratic Party voted in opposition of online sports betting measure - For The Win

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Optimistic Bettor Places Massive Wager on Tom Brady to Be NFL MVP – Sports Betting Dime

Posted: at 8:44 am

Jun 9, 2022; Tampa, FL, USA; Tampa Bay Buccaneers quarterback Tom Brady (12) participates in mandatory mini camp at AdventHealth Training Center Mandatory Credit: Nathan Ray Seebeck-USA TODAY Sports

Theres little left for Tom Brady to check off on his career resume. The GOATs dance card is just about full.

Hes a seven-time Super Bowl champion. Six of those wins came with the New England Patriots. Brady led the Patriots to 17 AFC East Division titles. That total was including 11 consecutive titles from 2009 to 2019. There were also 13 AFC Championship Game appearances, including eight consecutive from 2011 to 2018, and nine Super Bowl appearances. All are NFL records for a player and franchise.

Since moving to the Tampa Bay Buccaneers, Brady won another Super Bowl, an NFC Championship and an NFC South Division title.

During his NFL days, Brady is also a three-time NFL MVP. He won the award in 2007, 2010 and 2017, all with the Patriots. Does he have another MVP in him with Tampa Bay, at the age of 44?

One DraftKings bettor thinks so, and this person is putting their money where their mouth is. This bettor has placed a $11,050 bet on Brady to be NFL regular season MVP at odds of +1000.

The potential payout on this bet is a whopping $121,550.

A look around at the four major sports shows that those who earn MVPs are mostly young in years. Just recently, Auston Matthews, 24, of the Toronto Maple Leafs won the Hart Trophy as MVP of the NHL. Nikola Jokic, 27, of the Denver Nuggets claimed his second straight NBA MVP award.

In baseball, Los Angeles Angels two-way phenom Shohei Ohtani, 28, received the American League MVP. Philadelphia Phillies outfielder Bryce Harper, 29, earned the recognition from the National League.

The good news for this Brady bettor is that football is appearing to be the exception to this rule. Last season, Green Bay Packers quarterback Aaron Rodgers captured his second consecutive NFL MVP. Rodgers turned 38 years old in December of 2021.

Already, Brady is the oldest MVP in NFL history. He was 40 when he most-recently won the award for the 2017-18 season. Fittingly, he received 40 first-place votes.

San Francisco Giants outfielder Barry Bonds was also 40 when he earned the NL MVP in 2004. That was one year senior to the previous record holder: Pittsburgh Pirates first baseman Willie Stargell was 39 when he shared the 1979 NL MVP award with Keith Hernandez of the St Louis Cardinals.

In the NBA, Karl Malone of the Utah Jazz was 35 when he claimed the NBA MVP in 1998-99. Both Herb Gardiner of the 1926-27 Montreal Canadiens and Eddie Shore of the 1937-38 Boston Bruins were 35 when they were awarded the NHLs Hart Trophy nearly a century ago.

Detroit Red Wings legend Gordie Howe, like Brady, drew upon a Michigan background and seemed to be an ageless athlete. Howe, known simply as Mr Hockey, played in the NHL at the age of 52.

Brady will turn 45 on August 3. Howe was 45 in 1973-74 when he was named MVP of the WHA. That makes him the oldest player in a major-league sport to win MVP recognition.

However, Brady wont be able to one-up Howe in one category. When Howe was named MVP of the WHA, the award he received was the Gordie Howe Trophy.

Howe was 34 when he won his sixth and final Hart Trophy as NHL MVP in 1962-63. Hes the only player to be named MVP in four different decades.

Currently, Brady is the co-second betting choice to win the 2022-23 NFL MVP odds with Buffalo Bills QB Josh Allen. Both are offered at a current betting line of +900. Kansas City Chiefs QB Patrick Mahomes, the 2018 NFL MVP, is the +750 betting favorite.

Would you have made this massive wager on Brady to be the NFL MVP this season? Probably not. After all, history isnt on his side.

Then again, as always, when it comes to the NFL, bet against Brady at your own peril.

NFL NBA MLB NHL NCAAF NCAAB Tennis Sports Writer

An industry veteran, Bob literally taught the course on the history of sports at Elder College. He has worked as a Sports Columnist for Postmedia, appeared as a guest on several radio stations, was the Vice President of the Society For International Hockey Research in Ontario, and written 25 books.

NFL NBA MLB NHL NCAAF NCAAB Tennis

An industry veteran, Bob literally taught the course on the history of sports at Elder College. He has worked as a Sports Columnist for Postmedia, appeared as a guest on several radio stations, was the Vice President of the Society For International Hockey Research in Ontario, and written 25 books.

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Optimistic Bettor Places Massive Wager on Tom Brady to Be NFL MVP - Sports Betting Dime

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Sports betting in Colorado: Which sportsbooks are available and how can I place a bet? – Sporting News

Posted: at 8:44 am

Legalized sports betting has exploded onto the scene in the United States following the reversal of the Professional and Amateur Sports Protection Act of 1992 (PASPA) in 2018. Since then, 35 states have legalized sports betting in some capacity.

Want to know if youre able to bet in the Centennial state? Check out our Colorado guide to sports betting:

Sports betting is legal in the state of Colorado as of May 2020. HB19-1327 was passed, authorizing sports betting prior to official legalization on May 1, 2020.

Additionally, the state will collect a tax of 10% on the net proceeds of sports betting activity to fund implementation of the state water plan and other public purposes. Of the total amount of tax collected, after first repaying the general fund appropriation for startup and initial operating costs, 6% is set aside annually to compensate the beneficiaries of revenues generated by limited gaming and other wagering activities for any losses attributable to competition from sports betting.

Colorado sports betting allows users over the age of 21 to make online, mobile, and retail wagers. Additionally, all legal sports bets need to be placed within state lines. Mobile sportsbooks utilize geolocation to track your phones internal GPS chip. When betting online, users are prompted to download a plugin to make legalized bets. If making retail wagers, head to a Colorado casino to make your bets in person.

Betting on college sports is allowed in Colorado. Various sports are available to bet on, and Coloradans are able to bet on sporting events involving their in-state Division I schools (University of Colorado, Colorado State, University of Denver, Air Force Academy) as well as all other regulated NCAA sporting teams and events. The one nuance to betting on college sports in Colorado is that player props on college sporting events are not allowed. Player props are bets on players' individual performance, like will x player score over/under 15.5 total points?

Despite the prohibition of college player props, futures bets on college teams and players are allowed. Popular futures bets include betting on the University of Colorado to win the Pac-12 conference in basketball or on who will win the Heisman trophy in football. Futures betting is not just subject to schools in Colorado, as all available players can be wagered on.

Currently, 25 legal sportsbooks operate in the state of Colorado. Colorado is one of the more widely-available states when it comes to sports betting, allowing bettors the opportunity to pick and choose what books they want to bet at.

Below is a list of all legal 25 sportsbooks in Colorado:

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Sports betting in Colorado: Which sportsbooks are available and how can I place a bet? - Sporting News

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Sports Betting News, Analysis and Picks | SBD – Sports Betting Dime

Posted: at 8:44 am

The handicapping and odds information (both sports and entertainment) found on SportsBettingDime.com is strictly for entertainment purposes. Furthermore, the unique odds we produce in select news articles are also for amusement, and are not available to be wagered on. We are not a sportsbook and do not take any wagers. We do not endorse illegal online gambling. Please check the online gambling regulations in your jurisdiction before placing any wagers with the betting sites advertised on SportsBettingDime.com, as they do vary. SportsBettingDime.com does not target any individuals under the age of 21. Using any of the information found at SportsBettingDime.com to violate any law or statute is prohibited. SportsBettingDime.com is not supported by or linked to any professional, college or university league, association, or team. For further guidelines please visit our responsible online gambling page. Terms & Conditions apply to all bonus offers advertised. Please visit sportsbook operators for details.

We support responsible gambling. If you feel like youre losing control over your gambling experience, call 1-800-GAMBLER (NJ, PA, WV), 1-800-9-WITH-IT (IN), 1-800-BETS-OFF (IA), 1-800-522-4700 (NV), 1-800-522-4700 (CO, TN), 1-855-2CALLGA (IL), 1-800-270-7117 (MI).

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Sports Betting News, Analysis and Picks | SBD - Sports Betting Dime

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Hard Rock Bristol to offer vast array of sports betting – Johnson City Press (subscription)

Posted: at 8:44 am

Since the United States Supreme Court struck down the Professional and Amateur Sports Protection Act, the federal law that prohibited sports betting, in 2018, the popularity has grown enormously.

Nowadays, more than two dozen states allow betting on sports in some capacity whether it be in retail (in-person) or online. Tennessee and Virginia have legalized sports betting online and nearly every state has at least considered legalization.

Virginia has allowed in-person betting, which is where something like the incoming Hard Rock Hotel and Casino in Bristol comes into play.

The top-line number is the one that gets headlines in the growing sports betting industry. Some states have seen billions wagered on a monthly basis and tens of billions have been bet on sports since 2018.

Experts guess that Virginia could reach more than $7 billion in annual handle, with perhaps as low as $6 billion or less on the low range of outcomes.

Virginia became the fastest state to reach $1 billion in wagers.

When Virginia launched both retail and mobile sports betting, it only took one month to show massive revenue spikes.

The state taxes online sports betting revenue at 15% on the adjusted gross revenue and in November 2021, tax revenues grew to $4.3 million, according tohttps://www.virginiacasinos.com,which is overseen by the Virginia Lottery.

Of that, 97.5% of the tax dollars go into the General Fund while the remaining 2.5% is earmarked for problem gambling support.

The handle is the amount of money wagered across all sportsbooks. So, if the total handle for a month is $100 million, that means collectively the sportsbooks accepted $100 million in wagers.

In February of this year, the states handle surpassed $401 million for the fifth consecutive month. Over $33 million was wagered on the Super Bowl.

Revenue in sports betting is a little different than the business term revenue.

Gross gaming revenue represents the amount of money left from the handle after sports books pay out bets for the month. If, of the $100 million in bets, sportsbooks paid out $92 million to winners, the GGR would be $8 million.

AGR represents the GGR minus deductions like the federal excise tax (which is .25% of handle) and promotional dollars given out in the form of deposit bonuses or free bets. In Virginia, sportsbooks make these deductions, and then the amount left is the number taxed by the state.

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The Hard Rock Sportsbook will be located across from the sports bar.

The Sportsbook will have five available betting windows and 19 kiosks throughout the property. There will be 15 kiosks in the Sportsbook and four others will be found on the casino floor.

At the kiosks, you can bet on up to 20 teams while at the windows, the maximum is eight. You do not have to be a Virginia resident to place a wager, but you must be at least 21 years old. There is a $5 minimum wager.

The types of wagers that Hard Rock Sportsbook will offer include straight bets, parlays, teasers and futures.

The House Rules for the Sportsbook can be found on the website athttps://www.hardrockhotelcasinobristol.com/-/media/project/shrss/hri/casinos/hard-rock/bristol/casino/sportsbook/sportsbook-rules.pdf?rev=7d199c63cf49443e92fe59bb083b2883.

Some of the sports available to be on include football, basketball, baseball, hockey, soccer, combat sports like boxing or MMA, auto racing, golf and more. The Hard Rock Sportsbook does not yet offer betting on horse racing.

The Hard Rock Bristol Sportsbook does have a mobile app and it is live. It can be downloaded on the App Store and Google Play Store.

For those lucky ones that made a winning wager, collecting is fairly simple.

You may bring the winning ticket to the Hard Rock Sportsbook where the wager was placed and see a Sportsbook Agent to collect.

You can also insert the winning ticket into a betting kiosk and receive a cash voucher in return which you may cash at Hard Rock Sportsbook or Casino Cage.

If the Sportsbook is closed, visit the Casino Cage for after-hours cashing.

You can collect your winnings by mail by referring to the back of your ticket for mail-in instructions or visit the website.

All tickets must be redeemed at the Sportsbook in which they were written.

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Hard Rock Bristol to offer vast array of sports betting - Johnson City Press (subscription)

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Susquehanna Gaming Head On Betting Limits, Further PointsBet M&A – Legal Sports Report

Posted: at 8:44 am

Financial trading giant Susquehanna International Group (SIG) made waves last month when overnight it became thelargest PointsBet shareholder.

SIG invested $66 million into PointsBet, but the deal extended beyond just cash. SIG subsidiary Nellie Analytics will also work with the sportsbook to develop the in-play product and take bigger bets with lower vig.

LSR caught up with SIGs head of gaming David Pollard to discuss the investment and the companys wider vision for sports betting.

DP: Theres no doubt finance and options is our core business and always will be. But people here have always been interested in sports from a game theory and hobby perspective.

As for the industry, our experience of price discovery in financial markets and evaluating large amounts of data in real time is analogous to in-play betting. The market is shifting from pregame to in-play and we think that lines up with our interest and expertise.

DP: It is a separate business. Nellie has been making markets on the Betfair Exchange and Matchbook in Europe since April 2017. The plan is to share that expertise with PointsBet to give them more confidence in their price.

The additional confidence will allow them to accept bigger wagers and more quickly. Eventually they will be able to reduce the juice as well. We definitely believe there is a need in the market for that and we can differentiate ourselves there.

DP: Thats a discussion with PointsBet and their comfort level as well. Were separate businesses.

With additional confidence in price, theyll have a desire for larger wagers. It might take time to get integrated but we believe theres an interest in the market.

DP: Its really a balance of appealing to the broadest base possible. You can have a lower-dollar retail player interested in same game parlays, then more serious players who are price-sensitive.

This is a strategy PointsBet were already pursuing, we just think we can help them get there more quickly with some improvements.

DP: I think both parties are excited about that. The nine-month exploratory period is to get to know each other and line up teams.

Substantively meeting PointsBet was only recent. Theres a lot of time involved in working out details but the goal is to have a long-term agreement.

DP: At this point, no. We have the capital to be opportunistic in a variety of ways.

Sports betting is a capital-intensive industry, especially going into new jurisdictions. This gives PointsBet the flexibility to go into new jurisdictions and compete from day one.

Historically that hasnt always been the case. As for M&A, they will have the capital to be opportunistic if the right deal comes along.

DP: It was more about finding the best way for us to access the market, not about where stock prices are.

Weve been looking around for the right opportunity. Weve been here since 2017 before PASPA was repealed. It was finding the right opportunity with the right firm to enter the US market. We bumped into Johnny Aitken a few years ago and liked their background, the way they looked at the industry.

DP: Our goal is to increase our stake as the opportunity increases. We think it is a huge opportunity but there is nothing specific in terms of a percentage.

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Susquehanna Gaming Head On Betting Limits, Further PointsBet M&A - Legal Sports Report

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Acquiring the perfect partner – Sports betting – iGaming Business

Posted: at 8:44 am

Herv Schlosser, CEO at Sportnco, talks to iGB about the sportsbooks rapid entrance into new global markets, and how the recent acquisition with Gaming Innovation Group (GiG) has been the perfect match.

Herv Schlosser has been working in the sports betting industry over the last 15 years. He founded and launched Sportnco and was its CEO and main shareholder from 2008 to 2022.

The Company started as a B2C business in sports betting in the newly regulated French market as it got one of the first sports betting license in 2010. He has since launched a B2B business under Sportnco, in France, Europe and South America.

Schlosser negotiated the sale of Sportnco to Gaming Innovation Group (GiG), which was signed in December 2021 and closed on the 1st of April 2022. He now works as Managing Director of Sportnco.

Gaming Innovation Group (GiG) closed the acquisition of highly-regarded sportsbook and platform provider Sportnco for 51.3m in April this year.

However, Herv Schlosser, CEO at Sportnco, says it wasnt a natural step in their evolution to join forces with GiG in fact, Sportnco was not originally for sale.

It quickly became apparent that the combination of geographical areas, product portfolio and PAM product made for a very strong united force, Schlosser says, meaning the combination made strategic sense.

Meanwhile, each company brought a strong presence in a different group of regulated markets, with only one overlap: Argentina. Sportnco was very prominent in France, Spain, Greece, Belgium, Portugal and South America while GiG had a significant presence across Northern Europe, Eastern Europe and North America.

Schlosser says this is what made the companies a perfect match with almost no overlaps.

From 2010, Sportnco launched its B2B offering for regulated markets across Europe first and then South America. After combining with GiG, the pair now delivers sportsbook and PAM solutions to 36 different jurisdictions, operating with more than 610 employees out of headquarters in Malta, Denmark, Latvia, France, and other offices in Barcelona and Madrid, Spain.

Jumping in the deep end

Everything started 13 years ago for Schlosser, when the French gaming market opened to competition. Schlosser credits his businesss current success to starting in such a complex and highly taxed jurisdiction.

High taxes necessitated high margins in the country, with a turnover tax of 9.3% meaning operators had to work to a margin of between 15% and 20% to remain profitable.

We started as a B2C company and were among the first eight to get their sports betting licence in 2010, when the French market became regulated. Very quickly, we had opportunities to do B2B business, because we had been building our software for the sportsbook platform in France.

Having started as an operator under the France Pari brand, the success of its B2B operation ultimately saw the supply side generate similar levels of revenue, then surpass the customer-facing business.

Two or three years after the start of our B2C activity, we made a clear decision in terms of strategy, Schlosser explains. My feeling was that the world was getting regulated, and so we focused on our B2B operations

Going forward, starting in such a heavily taxed market has helped make Sportnco adept at entering similar highly regulated territories, such as Portugal, where it already has three clients signed, including migrating Betways local operations in the second half of this year.

While creating strong foundations across Europe, Sportnco and GiGs expansion efforts in North America further reflect the companys focus on taking strategic positions in high-potential markets. The lessons learnt early on have set them up to succeed going forward.

Our understanding of regulated territories is where we are able to bring value to North America we have a strong competitive advantage in our ability to offer attractive odds and good margins which seems to be impossible to mix the two, but this is part of our know-how.

Common ground

GiG and Sportnco both started out in Europe, and at the time of the acquisition had grown to B2B businesses of similar types: software in SaaS mode for regulated markets, something Schlosser believes has aided the integration in its early stages. In terms of culture, our ability to mix internally has made for a very strong team it is all going very well.

This undertaking, he says, is focused around combining the solutions of the two entities, and developing unified processes for the enlarged company.

As a business, we have had our first deal with [Full Games in] Angola, where we were able to put together Sportncos books and platform and combine that with GiGs managed services, he explains.

GiG can offer clients that have their own license but no operational experience the ability to launch into the market and quickly find success, supplying them with the marketing, CRM and Business Operations to do so seamlessly. We can support this through our KYC processes and pavement management.

Sportnco and GiG followed this by striking a head of terms agreement with Crab Sports in early June. The deal which will focus on the state of Maryland marked the first US-facing deal struck since GiG acquired Sportnco in April. Under the agreement, Sportnco and GiG are able to provide their full solution, which includes their technical platform, CMS and sportsbook.

Its been amazing to see how quickly we have been able to finalise this deal in the US its been really impressive.

When it comes to processes, Schlosser sees this as a combination of learning and teaching. Being with GiG we have been able to strengthen our processes in terms of dealing quickly with new regulations he says. [This enables] us to move quickly when expanding into new markets. Both companies are learning a lot from one another.

Company dynamics

Moving ahead, Schlosser picks out three priority areas for a successful integration, and to ensure the enlarged business can thrive. The people, the clients, and the financials.

In terms of people, we are getting along well. We had a seminar in Madrid two weeks ago which was a tremendous success. There are so many rationales behind the merger of the companies that everyone feels comfortable in its success.

Schlosser credited GiGs team for preparing for the merger in advance, with preparatory work carried out ahead of the deal closing ensuring everything was scheduled and prepared before the deal was completed.

When it comes to clients, the expansive new network and addition of products have only increased and got stronger as evidenced by the Full Games and Crab Sports deals being struck in quick succession since the acquisition closed. We now benefit from a sportsbook that has the tools to accelerate the acquisition of players, and our clients benefit from better products, developed tools and more access to different regulations.

And in terms of financial performance, he adds, there has been signs that growth has accelerated I think our new deals are a testimony that we are already performing well

So far, the integration is a success, and we really want to continue to have this good dynamic between Sportnco and GiG.

And that sets up the business for a strong push into North America. We expect to continue to grow our existing client base with the help of GiG, enabling our clients to recruit more and more players and compete in multiple markets, Schlosser says. We also want to bring in existing clients to new countries.

We have Europe, we have added LatAm, and now well add North America and Africa

With the Fifa World Cup coming up, the success of this year is only set to continue for GiG and Sportnco, with an extensive roadmap set out in the leadup to November.

Our sports calendar drives our business were incredibly excited about all the upcoming opportunities of 2022.

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Acquiring the perfect partner - Sports betting - iGaming Business

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Top Sports Betting Odds Boosts for The Open Championship: Best Odds on Rory McIlroy – Sportsbook Review

Posted: at 8:44 am

The odds on Justin Thomas winning The Open Championship and the Alabama Crimson Tide winning the SEC Conference have been boosted by Caesars Sportsbook. In this article, we discuss some of the most profitable odds boosts available at various sportsbooks for the 2022 Open Championship.

We have an Alabama boost for The Open Championship via Caesars right in time for college football season. Boosts such as this involving Thomas and the Alabama football team are not an accident, as Thomas is a strong supporter of his alma mater. As a member of the golf team at Alabama, Thomas won a National Championship in 2013.

Here are the top boosted odds plays for The Open Championship:

Check out the latest comprehensive and most trusted Sportsbook Reviews by SBR.

Regular odds:+3150BOOSTED ODDS: +3300

Having already placed some outright bets on Thomas to win The Open Championship, this odds boost from Caesars certainly caught my attention. Thomas has already won one major championship this season, the PGA Championship held at Southern Hills in May.

You will be in a power position should Thomas win The Open, as you hold a +3300 ticket for Alabama to win the SEC in college football. At several sportsbooks, Alabama is priced as short as -150 to win the conference as Heisman Trophy winner Bryce Young returns to Tuscaloosa for his sophomore season.

Regular odds: -102BOOSTED ODDS: +125

Most of the time, when you see premade parlays with several golfers making the cut with boosted odds, there is one golfer who concerns you. As all four members of this group are elite golfers on the PGA Tour, I do not see this as a problem.

Only Will Zalatoris raises some concerns in this group as he has no history of playing at The Open Championship after withdrawing last year. Even though Zalatoris does not have any prior experience at the event, it is difficult not to bet on him to make the cut considering that he trails only McIlroy in strokes gained: tee-to-green this season.

Will ZalatorisWD'd with back pain in his only other Open start, last year

In the last 8 majors he has3 RUs6 top 10s

Just this year he has gained +11.15 strokes total in majors.

Most sportsbooks do not allow parlays for to make the cut props, which really limits the potential interest in the prop because bettors do not want to lay -800 on an outright favorite. A parlay of this prop offered by Caesars, which has been boosted by 27 cents, should prove to be of interest to many bettors.

Regular odds: +1000BOOSTED ODDS: +1250

McIlroy money has not been in short supply this week, as he represents one of the biggest liabilities for several sportsbooks, along with Tiger Woods. With this liability in mind, it is interesting to see Barstool Sportsbook boost the odds on McIlroy and welcome even more liability.

This is by far the best price available in the market for bettors who wish to buy outright tickets for McIlroy. The price for McIlroy at DraftKings Sportsbook and Caesars is +900, while the price on FanDuel Sportsbook is +1000. In sports betting, finding the best odds is critical, and this boost from Barstool offers you the best price on McIlroy to win this week.

Here are ourtop-rated sportsbooks:

SEE ALSO: Allpicks,odds, andsports betting news. Be sure to check out SportsbookReview.coms communityforumsandbetting tools.

Jon Metler is a Sports Betting Analyst at SportsbookReview.com. Having been involved in sports betting for over twelve years, he specializes in futures markets. In pursuit of value, he keeps a close eye on movements in futures markets across a variety of sports. He believes strongly in analytics and staying ahead of the curve; let the numbers do the talking. Jon covers futures markets in the MLB, NFL, NBA, NHL, NCAAF, NCAAB, PGA Tour, and LPGA. A lifelong Detroit Tigers fan, he still has nightmares about Torii Hunter flipping over the Boston Red Sox bullpen. After cashing back-to-back-to-back LPGA Money List futures tickets at a price as high as +8000 in 2020, Jon serves as the president of the Jin Young Ko Fan Club. Jon holds a bachelor's degree in Sports Studies from the University of Windsor. You can find him watching games, listening to sports, or searching for his golf ball in the woods.

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Top Sports Betting Odds Boosts for The Open Championship: Best Odds on Rory McIlroy - Sportsbook Review

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