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CANADA ON CUSP OF LEGALISING SINGLE-EVENT SPORTS BETTING

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CANADA ON CUSP OF LEGALISING SINGLE-EVENT SPORTS BETTING

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At long last, Canada could be on the verge of legalising single-event sports betting, with a bill set to go before the House of Commons.

If passed, Bill C-218, or the Safe and Regulated Sports Betting Act, will provide the country with the framework and necessary tools for a functional regulated sports betting market. 

Responding to the news, the Canadian Gaming Association (CGA), said:

“The CGA is pleased that the federal government has recognised the urgent need to amend the Criminal Code to offer safeguards to Canadians as well as an economic recovery tool for the provinces.”

 

The CGA also pointed out how the small change to the Canadian Criminal Code would help communities economically recover from the COVID-19 crisis, and once again reminded people of how much Canadian money is currently being wagered through offshore online sportsbooks each year – over $4B CAD, compared to just $500M wagered on the legal sports lottery products currently available to Canadian bettors. 

 

AYO.NEWS says:

It’s been a long time coming, but it looks unlikely that this bill won’t pass, especially given the added need to stimulate the economy due to the COVID-19 crisis. A fully functional, regulated Canadian sports betting market would no doubt be very attractive to many operators, especially those already heavily committed south of the border in the United States, given the similar sporting tastes in both countries. 

 

 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 
All original content featured on this site is © Pentagon Digital Limited, 2020.

With several years experience in the igaming and sports betting industries in Malta under his belt, over the last few years Oliver has developed a passion for blockchain and an interest in esports. He’s also a published novelist and has a background in art and photography.


Sports, Fantasy & Virtuals

SPORTRADAR RENEWS INTEGRITY PARTNERSHIP WITH HERO INDIAN SUPER LEAGUE

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Sports data company Sportradar has renewed its integrity partnership with India’s premier football league, the Hero Indian Super League (Hero ISL). 

The multi-year renewal extends a relationship that originally began in 2016, and will see Football Sports Development Limited (FSDL), organisers of the Hero ISL, benefit from Sportradar Integrity Services monitoring of all matches, using its proven and advanced Fraud Detection System (FDS). 

FDS uses sophisticated algorithms, a constantly maintained database of data, and expert analysts to detect suspected match-fixing. Sportradar will also be providing access to its specialist Intelligence & Investigation Services (I&I), as required. 

Discussing the renewed partnership Managing Director of Sportradar Integrity Services, Andreas Krannich, said:

“Hero ISL renewing its partnership with us only shows how committed they are towards maintaining integrity in the game and proactive towards the growth of football in the subcontinent. As a global leader in sporting integrity, we want to continue to provide our expertise and help protect the tournament against all integrity-related issues.”

 

Sportradar also provides integrity services to major leagues and federations, including FIFA and the Asian Football Confederation (AFC). In India, the company has also supported the Pro Kabaddi League, and recently announced a partnership with the Board of Control for Cricket in India (BCCI). 

The seventh season of Hero ISL 2020-21 started on 20 November in Goa. 

 

All original content featured on this site is © Pentagon Digital Limited, 2020.

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Sports, Fantasy & Virtuals

CAPEX.COM NAMED OFFICIAL TRADING PARTNER OF ITALIAN FOOTBALL GIANTS JUVENTUS

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Image credit: CAPEX.com

Global trading broker CAPEX.com has been named exclusive Trading Partner of Italian top-flight football club Juventus. 

The sponsorship deal will see CAPEX.com use their extensive list of rights, including VIP hospitality and official club merchandise, to engage Juventus supporters and build on the company’s success story in international markets. 

Commenting on the partnership CEO of the group that owns CAPEX.com, Octavian Patrascu, said:

“We are proud to announce the partnership with the world-renowned Juventus, one of the most revered football clubs in the history of the game. 

“As we continue to expand globally, CAPEX.com is also committed to strengthening its presence in the markets in which it already operates. The trading profession draws many parallels to the realm of sports, and we will ensure these common values are entrenched within our newfound partnership with Juventus.”

 

CAPEX.com offers global trading of over 2,100 CFDs in shares, indices, commodities and more. 

Staying with Juventus partnerships, in September the club announced a deal with global tech and betting company Parimatch

 

All original content featured on this site is © Pentagon Digital Limited, 2020.

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Esports & Video Games

W SERIES CHAMPION JAMIE CHADWICK JOINS VELOCE RACING FOR 1ST EXTREME E SEASON

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Image credit: Veloce Racing

Veloce Racing has confirmed Jamie Chadwick as its female driver for the inaugural season of groundbreaking, electric off-road championship Extreme E. 

Chadwick is a Williams F1 development driver and W Series Champion, and widely regarded as one of the UK’s brightest young talents.

Making her motorsport debut in the Ginetta Junior Championship, she went on to win the 2015 British GT Championship in the GT4 class, before moving to the British Formula 3 Championship in 2017, and in 2019 took the MRF Challenge Formula 2000 title. In the same year, she went on to make history in the W Series Championship, as the first driver ever with a brace of wins and five podium finishes from six races. 

When she’s not been driving, Chadwick has been acting as an ambassador for Girls on Track, an initiative led by Motorsport UK and the FIA to encourage more females to enter motorsport. 

Extreme E will mark Chadwick’s debut in the off-road scene, and the 22-year old has spent the past week driving the ODYSSEY 21 at Fontjoncouse in southern France, with more practice scheduled for a group test at MotorLand Arágon in Spain next month.

Alongside her new Extreme E commitments, Chadwick is also competing in the Formula Regional European Championship with Prema Powerteam, and the backing of Rodin Cars. 

Discussing her involvement with Veloce and Extreme E, Chadwick said:

“I am proud to be driving for Veloce Racing in such a revolutionary championship as Extreme E! I have been involved with Veloce for a very long time and they are like a family to me, so I am incredibly honoured to be their female driver for what is such an exciting and important race series.

“Climate change is something that affects us all, so I’m really keen to start doing my part to fight it. I can safely say that testing the car was one of the best and most fun experiences I have had in my career so far. I can’t wait to get out to the amazing venues where we’ll be racing next year; these are some of the most beautiful and endangered locations on our planet. Both on and off-track, it promises to be an incredibly rewarding journey.”

 

 

While Veloce Racing Team Manager, Ian Davies, added:

“We are delighted to have Jamie on-board at Veloce for the first season of Extreme E. She is a very quick, talented and committed young driver, with a pedigree that quite frankly speaks for itself. Having won titles in both sportscars and single-seaters, there is no reason at all why she shouldn’t transfer those skills and win in Extreme E, in what promises to be a very high-calibre field.

“Her first test in the ODYSSEY 21 during our shakedown in France last week was a very positive and encouraging start. Her experience from single-seater and GT competition was invaluable to the early development of our car – from quick driver changes to initial and mid-corner turn-in – and she had significant input into our engineering refinements.

“Jamie would be the first to acknowledge that off-road driving is completely new to her, but she is a fast learner and she listened carefully to everything we had to say, worked well with the engineers, took it all on-board and – most importantly – got quicker and quicker with every run. We are all very excited to see what she can achieve when we go racing next year.”

 

Chadwick’s male teammate has yet to be confirmed, but will be joining her for the full 2021 Extreme E Championship, with events scheduled for Al-Ula, Saudi Arabia (20-21 March), Dakar, Senegal (29-30 May), Kangerlussuaq, Greenland (28-29 August), Para, Brazil (23-24 October) and Tierra Del Fuego, Argentina (11-12 December).

 

AYO.NEWS says:

Veloce Racing, which merged with Veloce Esports earlier this year to create a hybrid real-world/sim-world racing organisation, is gearing up for a serious start to the Extreme E Championship! In addition to bringing on top talent like Chadwick, it’s also forging impressive commercial partnerships – only last week, Veloce announced a partnership with Dutch watchmaker TW Steel

 

 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 
All original content featured on this site is © Pentagon Digital Limited, 2020.

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Casino & Slots

CLOUDBET ADDS SUPPORT FOR DAI STABLECOIN IN SOUTH AMERICA

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Image credit: Cloudbet

Crypto casino and sportsbook, Cloudbet, has added support for MakerDAO’s DAI stablecoin in Argentina and South America. 

As previously reported, earlier this month, Cloudbet officially launched its Argentina-focused service in response to strong demand – where customers are particularly keen to use stablecoins to hedge against the ongoing devaluation of the peso. 

DAI is a decentralised, collateral-backed cryptocurrency that is soft-pegged to the US dollar. Its stability is managed through a smart contract system of borrowing and lending, built on the Ethereum blockchain. 

In addition to DAI, Cloudbet also supports USD Tether, USD Coin, and Pax Gold stablecoins. 

Commenting on the news a Cloudbet spokesperson said:

“Stablecoins are supremely relevant in Argentina, where individuals are looking to protect the value of their assets. We said recently that we intend to add more coins that are specifically appropriate for this market, and we’re now following through.”

 

Cloudbet is one of the world’s oldest bitcoin betting operators, having been founded way back in 2013. Its move into South America is part of a wider international push to attract people to convenient crypto betting. 

In June 2020, the operator made a splash with an English Premier League campaign, which saw its sportsbook charge no margin on pre-match bets for all games left in the season. 

 

All original content featured on this site is © Pentagon Digital Limited, 2020.

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Sports, Fantasy & Virtuals

WTA & STATS PERFORM SERVE UP LANDMARK TENNIS AI & DATA DEAL

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Image credit: WTA

The WTA (Women’s Tennis Association) has named Stats Perform as its Official Data Supplier. 

Described as a “landmark deal”, the partnership will deliver multiple feeds to customers, including an exclusive umpire-derived data feed for an expanded number of WTA matches, along with an ultrafast data feed collected by Stats Perform’s Opta analysts. 

Harnessing the company’s advanced AI capabilities, and enhancing its existing live WTA video streaming, the new collaboration is aimed at delivering a better experience for fans, raising the profile of WTA players,  and making data more accessible for authorised sportsbooks, sponsors, broadcasters, and other media. 

Discussing the partnership CEO at Stats Perform, Carl Mergele, said:

“The WTA has very ambitious goals for their tournaments and players and we’re proud to be trusted to help them reach new levels of fan and bettor engagement.  Our broadcaster, media, and betting networks are already excited because they’ve seen how high-quality information elevates sport’s appeal.”

 

While WTA President, Micky Lawler, added:

“Stats Perform has a history of creating innovative and trusted content and products that drive entertainment levels and new revenue streams for the professional sports ecosystem. We’re looking forward to discovering new and unique storylines surrounding the WTA Tour and our players and tournaments available in new, exciting and comprehensive ways.”

 

Staying with Stats Perform, last week the company announced a partnership with streaming and synchronisation solutions provider NativeWaves, to enhance the viewing experience for sports fans. 

 

 

All original content featured on this site is © Pentagon Digital Limited, 2020.

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Sports, Fantasy & Virtuals

SOUTH AFRICAN TV OPERATOR MULTICHOICE PAYS $81M FOR 20% STAKE IN NIGERIAN OPERATOR BETKING

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Image credit: Multichoice

South African pay TV operator Multichoice has acquired a 20% stake in Nigerian sports betting company BetKing, in an $81M USD deal. 

The agreement also provides for earn-out payments of up to $31M if the operator meets specific targets between December 2022 and December 2024. 

Nigeria-based BetKing is also active in Ethiopia and Kenya – which it entered in June 2020, when it also agreed a five-year $11M deal to sponsor the Football Federation Kenya, replacing former sponsor SportPesa

Though Multichoice has said it intended to introduce new products and services to power growth, it has said it intends to pull the plug on European soccer rights deals. 

 

AYO.NEWS says:

The homegrown African betting and gaming industry seems to be waking up at last, as it realises the immense potential of an increasingly online population. Earlier today we reported that African operator Sahara Games has launched an omni-channel solution in partnership with Pronet Gaming in Uganda, and intends to roll it out in Kenya and Nigeria shortly. 

 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 
All original content featured on this site is © Pentagon Digital Limited, 2020.

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