LeoVegas bolsters consumer protection efforts with LeoLine

first_img LeoVegas Gaming Group’s UK subsidiary Rocket X has joined forces with problem gambling treatment solutions provider Gambling Therapy to launch LeoLine, a new live chat service that offers immediate help for customers looking to address gambling issues. Strategy Tags: Mobile Online Gambling LeoVegas bolsters consumer protection efforts with LeoLine LeoVegas Gaming Group has joined forces with problem gambling treatment solutions provider Gambling Therapy to launch LeoLine, a new live chat service that offers immediate help for customers looking to address gambling issues.LeoLine will be now offered to all customers referred by the operator’s safer gambling team, with the effectiveness of the partnership to be evaluated over a three-month trial. The findings from the project will also be shared with the wider industry later in the year.The initiative will focus on early identification and interaction with customers, as well as educating and raising awareness among staff so that they can provide appropirate support and make timely interventions.LeoVegas’ UK-based subsidiary Rocket X first developed the concept as part of the group’s activities during last year’s Responsible Gambling Week, and the initiative will now be rolled out on a wider basis.Gambling Therapy, a subsidiary of gambling treatment charity the Gordon Moody Association, has created a bespoke training programme for its UK safer gambling staff. It will also develop 12 unique portals for its brands, including LeoVegas, Pink Casino, BetUK.com and Slotto.“Our mission at LeoVegas is to create the greatest online gaming experience, with safer gambling at the core of our culture,” Rocket X chief executive Mark Good said.“This innovative idea from within our own team has developed into a working solution and we are proud to be working with Gambling Therapy to deliver and share our findings with the wider industry.”Rob Mabbett, Gambling Therapy manager at Gordon Moody added: “For years, anyone who has been affected by problem gambling have accessed our multilingual service through links on gambling operator sites to our website and app.“Having a direct link to our services through LeoLine will reduce the friction that can so often prevent service users getting the support that they need. I am sure this trial will be a success for our respective organisations and I look forward to sharing the results of a meaningful collaboration between operator and treatment provider that will help us achieve our shared aim of creating a safer gambling environment for the millions of people who gamble online worldwide.”Rocket X, which provides managed services for LeoVegas Mobile Gaming Group in the UK, already works with EPIC Risk Management, Mind and YGAM to help prevent gambling related harm. Topics: Strategy Regions: UK & Ireland 12th August 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Email Addresslast_img read more

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Pacquiao One Punch KO by Ganapati

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Companies: Ganapati Subscribe to the iGaming newsletter Punch your way to fortune with a living boxing legend in the official Manny Pacquiao slot game, produced by Ganapati.The first and only boxer in history to win world titles in 8 different weight divisions, Pacquiao is now taking on the gaming world with this fast-paced, high-impact slot.You can play a demo of this slot here! 15th October 2019 | By Aaron Noycenter_img Pacquiao One Punch KO by Ganapati Casino & games Topics: Casino & games Slots !function(e,i,n,s){var t=”InfogramEmbeds”,d=e.getElementsByTagName(“script”)[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement(“script”);o.async=1,o.id=n,o.src=”https://e.infogram.com/js/dist/embed-loader-min.js”,d.parentNode.insertBefore(o,d)}}(document,0,”infogram-async”);last_img read more

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Chalkline Sports makes its mark

first_img Tags: Fantasy Sports Mobile Online Gambling Email Address Chalkline Sports makes its mark Chalkline Sports, despite its African heritage, is making a major play for the nascent US sports betting market, and with a client base already featuring the likes of Churchill Downs, Parx Casino and Tropicana, it’s off to a good start, writes Robin HarrisonIt might have US founders, a US focus and a US client base, but Chalkline Sports is South African at heart.The business was founded by the team behind Voltbet, a South African operator launched in 2010, then acquired by casino operator Sun International in 2013. While chief executive Dan Kustelski  and president Joe Kustelski are US-based, its development team – which followed the founders from Sun and is led by head of igaming Jason Foster – is based in Johannesburg.As Foster explains, the company’s core proposition is simple: “How do you retain casual, high-margin sports bettors?”Being active in a mature market has meant European operators have been able to develop more sophisticated methods of retaining players. For emerging markets, however, it’s a different story.“In developing markets, you have this mass of sports fans that may not have placed their first bet,” Foster says. “They may have bet via retail channels but never online. We offer a way to acquire those players through free-to-play games and real-money products, for which we have two clients live.”It’s essentially a variation on the sweepstakes model, where players can stake a small sum for the chance to win thousands.“[That’s] how people learn to play and get into betting,” Foster explains. “They’re not going to place $1,000 into a 9/10 handicap for their first bet.”He sees Chalkline’s free-to-play games as acquisition tools first and foremost. After all, that’s how its US clients are using it. However, in more mature markets such as South Africa (where lottery betting operator Lottostar launched as its first client) he argues it functions as a retention tool, as well as bringing a retail-heavy customer base online.With clients including Churchill Downs (for its BetAmerica and TwinSpires brands) Parx Casino and Tropicana, Chalkline is developing a robust US presence. Most intriguing, however, is its deal with Barstool Sports.The sports blog, owned by the Chernin Group, has recently launched Barstool Bets, which runs a game focused on in-play, free-to-play games.Foster admits it was a new project for Chalkline. “That required a lot of work in a one-month deadline window,” he says. “Barstool is running these live in-play contests to identify and acquire the in-play bettors. As we know, that’s where the market is going,” he explains. “If we had to start it from scratch, it would have been a massive job. However, we’ve built a very robust and scalable sports betting engine without all the complications of a full-service sportsbook.“We had already done the live in-play integration because one of our early products was an odds tracker – you could access a chart to track all the odds movement during a game. So the real challenge was scaling that up and building it out to offer all the markets via a Betradar integration.”The development sprint has certainly paid off, with Barstool Bets taking 80,000 wagers on launching for a Thursday night football game.“Now we’ve hit all the benchmarks in terms of hundreds of thousands of bets per minute, both processing and resulting,” he says. “The platform is really scalable now, in a way we didn’t know it could be three months ago.”While work on repurposing the free- to-play solutions for real-money play, as well as developing its marketing analytics solution BettorBI, is underway, Foster is adamant the social elements could prove most valuable for operators.For example, he says, they could provide an alternative to bonusing.“Bonusing is effectively a dead end – a race to the bottom,” Foster explains. “You give $10, then give $20, then $30, and eventually you’re giving away all your margin. You’re encouraging people to hop between sportsbooks, building no loyalty.“You have to tighten your terms more and more as people find loopholes. I think the Europeans have learned that now. Free-to-play is a simpler, more sustainable model.“Potentially, building bonuses into your payouts is where I think we could go. If you’re making a high-margin bet where you make 10-15 predictions, you can easily give a bonus if you correctly predict all 15 or a rebate if you miss it by one.”Chalkline is also opening up its platform to third-party developers, with the launch of its software development kit. The idea is that it will provide all the functionality, from the markets and live odds, to the analytics tools, allowing partners to build games on its platform.“We are a sports betting technology provider, not a sportsbook or a platform. We see ourselves as providing a layer that sits on top of the platform,” Foster says.It’s an intriguing journey. Traditionally the path from free-to-play to real-money is predominantly one-way, and it certainly fees as if Chalkline is headed that way. However, considering its client base, and the emergence of rival social sports developers such as Sportcaller, it feels as if there’s an emerging sub-sector of the US wagering industry for savvy developers to take advantage of. Subscribe to the iGaming newsletter Topics: Casino & games Sports betting Social gaming DFS Chalkline Sports, despite its African heritage, is making a major play for the nascent US sports betting market, and with a client base already featuring the likes of Churchill Downs, Parx Casino and Tropicana, it’s off to a good start, writes Robin Harrison Casino & games Regions: Africa US Southern Africa South Africa AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 16th December 2019 | By contenteditorlast_img read more

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A credit to the Commission?

first_img 42% of lower risk credit card gamblers said they would use their debit cards instead in the event of a ban; and 41% said they would stop gambling completely.New research also showed that 50% of higher-risk credit card gamblers would either stop gambling or use their own available funds if they could not use credit cards to gamble.Further study into the matter found credit card gamblers were highly engaged and tended to be less aware of the risks of gambling. The higher fees presented by credit cards did not deter them, as their usage patterns were often embedded in their habits. Other key findings included: 82% of credit card gamblers were not fully aware of the fees and interest accrued through credit card gambling transactions; and Three-quarters of all lower risk credit card gamblers are likely to be deterred from using their credit cards for gambling having now been made aware of the charges they might incur.As David Clifton (pictured below) of industry consultancy Clifton Davies points out, credit card payments have always been forbidden in land-based casinos and bingo halls.Few would suggest it’s had much of an impact on these sectors. As such, he says, the online sector will not see the sort of substantial impact that some have predicted.But, he says, just as important will be the fact that “banks and other financial institutions are playing their part in protecting customers from encountering problem gambling issues. “This means confidence and trust will develop and some degree of common ground can be found” between all stakeholders. This should lead to more collaborative projects, reduce in-fighting and benefit the sector across the board. For all the headlines the credit card ban has attracted, its effect on the sector is not likely to be significant. Industry observers have also questioned whether the smaller operators, under bigger financial pressure than UK majors such GVC or William Hill (which has predicted a £10m decline in online profits) will adhere to the ban.The Commission said regardless of size responsibility rested with all licensed gambling operators and e-wallet providers to prevent credit card payments being sent to merchants (operators).The onus as always is with gambling operators to ensure the new measure is respected. As part of its ‘Strategy 2018-21’ project, the Commission’s priorities are to protect the interests of consumers, raise standards in the gambling market and improve the way it regulates the sector.The credit card ban is one of the measures it hopes will help achieve those goals. It is also of a par with the regulatory pressure being exerted on the industry at the moment. How much actual impact it has on reducing rates of problem gambling is another question. Email Address 16th March 2020 | By Stephen Carter The ban on the use of credit cards to fund online gambling is due to come into force from April 14. Jake Pollard examines what sort of impact it is likely to have on the industry – and on problem gambling ratesFrom April 14, the ban on the use of credit cards for online gambling is another regulatory signpost around which the UK industry will have to manoeuvre.The ban, announced in January, joins a range of other responsible gambling measures being put forward by the Gambling Commission and operators, both of which are feeling the heat from anti-industry politicians and media.The British regulator said it had already decided to take action on credit card gambling when it launched the consultation on the measure. This, it said, meant it was a question of “what action should be taken to protect consumers and minimise risks, rather than whether any action should be taken”.Clearly a consultation process is important and necessary when assessing regulatory measures. But the Commission’s admission that it had already decided to take action against credit cards being used for gambling gives an insight into its thinking on this matter.In addition, if the Commission already knew it was going to pass a ban on gambling with credit cards, it adds to the impression that the consultation was only there to confirm its viewpoint.In response, the Commission would point to the evidence it gathered, which showed that credit cards were disproportionately used for gambling by individuals who were experiencing harm. Harm levels rise with credit cards Among the 24 million adults gamblers in the UK, 10.5 million play online and an estimated 800,000 consumers use credit cards to gamble remotely (credit card payments are not allowed in land-based casinos or bingo clubs). As part of a survey of 2,000 adults carried out for the credit card ban (about 150 of whom reported using a credit card to gamble online), the Gambling Commission found that: AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 22% of credit card gamblers were problem gamblers  25% were experiencing moderate levels of harm; and 20% experienced lower levels of harm. The regulator also found that gamblers using credit cards to fund their play were not put off by the fees that are applied to cash advances, which is how credit cards are classified. Those higher than usual charges can quickly accumulate. In terms of optics, the ban also plays well to all stakeholders (pro- or anti-industry). The Commission argues that it is another measure to increase player safety and prevent at-risk gamblers from falling further into debt by funding their gambling through credit cards, and the heightened interest rates that come with them. It’s hard to disagree.The Betting and Gaming Council (BGC), the trade association for the GB gambling industry, declared its support for the ban and pledged that its members would go one step further.“We will implement a ban on credit cards and indeed our members will go further to study and improve the early identification of those at risk,” said BGC chair Brigid Simmonds. “The use of credit cards were previously used as a potential marker of harm which might lead to further intervention with customers.”How significant the measure will be in helping reduce overall rates of problem gambling is debatable, however. This is because the majority of online gambling deposits are still made via debit cards and at-risk or problem players could try to fund their activity through payday loans, another product with very high interest rates. Acknowledging that possibility, the Commission said: “We expect a reduction in harm resulting from a prohibition on credit cards to outweigh any harm from a minority of customers substituting to payday loans or other forms of borrowing. “It will however be important for gambling operators and financial services to continue to make progress in identifying consumers at risk of harm from using borrowed money other than credit cards to fund gambling, and to mitigate those risks.”Payment services provider Paysafe, owner of e-wallet brands Skrill and Neteller, said: “We are anticipating minimal impact as credit card deposits into UK customer wallets which get used for gambling payments only represent a small proportion of total wallet deposit volume.”When it comes to detecting and stopping credit card payments into e-wallets, Paysafe added: “We are able to make adjustments to our wallets services to effectively prevent credit card deposits being used to make payments to UK-licensed gaming operators.”While service providers such as Paysafe have prepared for these measures for some time, they are also in no doubt as to where ultimate responsibility lies when it comes to reducing rates of problem gambling. “We support ongoing efforts to ensure customers gamble responsibly, although this is a topic which gambling operators are probably better placed to comment on.”iGB contacted a number of operators for comment on this topic. They all referred back to the BGC statement praising the measure.It is however interesting to note that the industry was opposed to the measure when it was first set out by the Commission. Along with financial and payment service providers, it pointed out that the ban would not address the underlying causes of harm. Responsibility always lies with the sector The Commission again acknowledged this point. It argued that despite not directly tackling the underlying causes, it would reduce risks of harm by preventing players from gambling more than they can afford to repay.“[At] the very least, it will add levels of friction to the process of gambling with borrowed money (so) that the rate of financial loss is slowed down and harm is potentially curtailed,” it said.Its research of outcomes from a credit card ban also found that: Subscribe to the iGaming newslettercenter_img Bingo Regions: UK & Ireland Tags: Card Rooms and Poker Online Gambling Payments Topics: Casino & games Legal & compliance Sports betting Bingo Poker The ban on the use of credit cards to fund online gambling is due to come into force from April 14. Jake Pollard examines what sort of impact it is likely to have on the industry – and on problem gambling rates A credit to the Commission?last_img read more

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Better Collective posts growth despite Covid-19 impact in Q1

first_img15th May 2020 | By contenteditor Topics: Finance Marketing & affiliates Sports betting Affiliate marketing giant Better Collective has reported a year-on-year increase in revenue and profit for the first quarter, despite growth slowing towards the end of the period due to the novel coronavirus (Covid-19) pandemic. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Affiliate marketing giant Better Collective has reported a year-on-year increase in revenue and profit for the first quarter, despite growth slowing towards the end of the period due to the novel coronavirus (Covid-19) pandemic.Revenue for the three months to 31 March totalled €20.9m (£18.5m/$22.6m), up 40.3% from €14.9m in the same period in 2019 and higher than the group had initially anticipated.Better Collective put this increase primarily down to strong sports win margins and high activity, up until when sports events worldwide were cancelled or suspended in mid-March due to the Covid-19, which in turn stunted further growth.The outbreak also meant the number of new depositing customers remained level year-on-year at 116,000, with Better Collective saying the reduction in sporting activity in the latter part of March deterred players from signing up.In terms of spending during the quarter, total costs excluding special items and amortisations amounted to €12.3m, an increase of 46.4% from €8.4m last year. Staffing costs were the main outgoing in Q1, with total spend up 59.5% to €6.7m, as the average number of employees increased from 268 to 416.Direct cost relating to revenue also jumped 42.1% year-on-year to €2.7m, while other external spending was up 9.9% to €2.4m. Depreciation and amortisation costs increased by 50.5% to €2.1m, with this mainly attributable to acquisitions.Better Collective also noted €1.6m in amortisation costs and €401,000 in special items spend during the period.However, despite the rise in spending, such was the impact of revenue growth in Q1 that operating profit was up 26.9% from €5.2m in 2019 to €6.6m this year.After accounting for an additional €675,000 in financial income and €897,000 in financial expenses, profit before tax stood at €6.4m, up by 30.6% year-on-year. Better Collective paid €1.7m in taxes, leaving it with €4.7m in profit for Q1, up 27.0% from €4.7m last year.Reflecting on the results, chief executive Jesper Søgaard said growth in Q1 was strong compared to the same quarter last year, despite the impact of the coronavirus outbreak.“Despite the lack of major sports events during the second half of March, the quarterly performance was highly satisfactory,” he said. “During the second half of March, sports betting activity was reduced to approximately half of normal levels while esports and casino activities performed stronger than usual.”Søgaard also noted how Better Collective has taken a number of actions to help mitigate the impact of coronavirus in Q2 and beyond. Last month, the group said its financial targets remains despite the outbreak and had rolled out a series of measures to support these aims.A new cost saving program has been in effect since 1 April comprising more than 50 individual initiatives, including making over 50 employees redundant or having their salaries partly or fully covered by government support programmes.Better Collective’s board of directors and founder management have also agreed to waive their fees and salary in Q2, while management and all staff will reduce their salaries for Q2, in combination with national compensation programmes. In addition, both variable and fixed costs will be temporarily reduced through cost avoidance or price reduction measures.“The situation calls for flexibility and we have redistributed resources internally to focus on business areas that have remained active,” Søgaard said.“We expect low sports activity throughout most of Q2, though some of the major European sports leagues may resume without physical spectators sometime in the quarter, like the German Bundesliga confirmed to start on May 16, 2020.“Our Q2 performance is likely to be the exception in an otherwise strong growth story. However, we expect high activity during the second half of 2020.”center_img Finance Tags: Online Gambling Better Collective posts growth despite Covid-19 impact in Q1 Email Addresslast_img read more

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Michigan Governor permits casinos to reopen from August 5

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Casino & games Topics: Casino & games Legal & compliance Michigan Governor Gretchen Whitmar has announced that indoor venues in the state will be permitted to reopen from tomorrow (July 31), with casinos set to recommence operations from August 5. Michigan Governor Gretchen Whitmar has announced that indoor venues in the state will be permitted to reopen from tomorrow (July 31), with casinos set to recommence operations from August 5.The state’s three commercial casinos – the MGM Grand, MotorCity Casino and Greektown Casino, all located in Detroit – were ordered to temporary close on March 16 as part of state-wide measures to slow the spread of novel coronavirus (Covid-19).Whitmar has now signed an Executive Order allowing the casinos to reopen from August 5, but, as announced by the Michigan Gaming Control Board (MGCB) last month, the venues will each be limited to 15% of their legal capacity.Other measures include the casinos conducting daily entry screening protocols for customers and staff, as well as carrying out temperature screening. Patrons will also be required to wear a face covering, except while eating or drinking or for identification purposes.Read the full story on iGB North America.center_img 30th July 2020 | By contenteditor Regions: US Michigan Michigan Governor permits casinos to reopen from August 5 Email Addresslast_img read more

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Covid-19 leads to widening Q2 losses for Allied Esports

first_img Topics: Casino & games Esports Finance Video gaming Allied Esports Entertainment, the group that includes World Poker Tour (WPT), has reported a comprehensive loss of $10.9m (£8.3m/€9.3m) for the second quarter, after its revenue was hit by the novel coronavirus (Covid-19) shutdown of certain esports events. Subscribe to the iGaming newsletter 11th August 2020 | By contenteditor Email Address Allied Esports Entertainment, the group that includes World Poker Tour (WPT), has reported a comprehensive loss of $10.9m (£8.3m/€9.3m) for the second quarter, after its revenue was hit by the novel coronavirus (Covid-19) shutdown of certain esports events.The second quarter struggles meant that revenue for the six months to 30 June totalled $10.6m, down 23.2% on $13.8m last year.Total costs and expenses were up 16.3% to $23.5m, leaving it with an operating loss of $12.9, almost double the $6.6m loss it posted in 2019. After other costs, Allied Esports posted a comprehensive loss of $19.7m.For the second quarter, revenue fell 37.0% year-on-year to $4.6m.Allied Esports said its in-person operations – live events – were hardest hit by Covid-19 in Q2, with shelter-in-place orders meaning many events could not take place. As a result, in-person revenue dropped 78.3% from $3.2m to $699,327.While Allied said it saw an increase in demand for its services, multiplatform content revenue also declined, falling 59.1%, to $705,251. Sponsorship revenue also fell, following the postponement of the WPT’s final tables as a result of the pandemic.These declines were partially offset by a 33.3% year-on-year rise in revenue from interactive services, which climbed from $2.4m to $3.2m. This, Allied Esports said, was driven by a strong growth in ClubWPT subscribers and virtual chip purchases as well as the launch of the new premium level of ClubWPT membership.In terms of spending for the quarter, total costs and expenses were down 6.9% to $9.4m, with spending lower across a number of areas due to the Covid-19 shutdown.Multiplatform costs were down 63.4% to $563,833, and in-person spending was also reduced by 40.6% to $507,112. Selling and marketing costs were cut by 71.7% to $292,485, while general and administrative costs were also lower at $3.7m.However, as spending exceeded revenue, this left Allied Esports with a $4.8m operating loss, compared to $2.7m last year. After $6.1m in other expenses, net loss amounted to $10.9m, up from $2.8m in 2018.When also accounting for foreign currency expenses, Allied Esports ended Q2 with a comprehensive loss of $10.9m, compared to $2.8m last year.“Throughout the second quarter, we continued to operate in an extremely challenging environment arising from the ongoing Covid-19 pandemic,” chief executive David Ng said.“The shelter-in-place orders that extended for the majority of the second quarter resulted in the temporary shut-down of the in-person pillar of our business activities, which negatively affected our second quarter financial performance.“Given this reality, we quickly shifted our strategic focus to the multiplatform content and interactive services pillars in order to mitigate the impact of the pandemic on our business and continue to serve our loyal communities.”Ng also noted that Allied Esports was able to refinance $14.0m of outstanding debt and  $3.7m of accrued interest previously scheduled to mature on August 23, 2020 in Q2.“By extending the debt maturities for up to an additional two years, we have significantly enhanced our financial flexibility as we continue to navigate economic uncertainties during the pandemic, while working to create value and growth for the future,” Ng said.center_img Covid-19 leads to widening Q2 losses for Allied Esports AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Video Gaming Casino & gameslast_img read more

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Best bookmaker for Indian Premier League betting

first_imgIn second place was Unibet. It was equal with Mr Green on commission for the 1st over total runs market and also impressed us in other areas. What separated Unibet from the rest was the consistency of its commission rates and the number of markets it offered. Unibet provided odds on an average of 57 different markets across the three matches. However, Paddy Power wasn’t far behind. It took a commission of 4.96%, which was significantly better than the operator in third and far better than the average across operators of 6.46%. Mr Green impressed for its sheer consistency across the board. It took the joint lowest commission for the 1st over total runs market at 5.36% and finished in the top five for all of the other markets. The site’s highest commission was in the market for the most match sixes at 9.01%, but only four bookmakers took lower rates. 6th November 2020 | By Joanne Christie Leading tipster site Betting Expert compares bookmakers’ offerings for Indian Premier League, exploring their markets and odds to determine the best in the UK. We collected and compared odds from more than two dozen different firms to find out which was the best bookmaker for Indian Premier League. Best betting markets selection We analysed their offerings using the following games: Rajasthan Royals vs. Hyderabad Sunrisers, Chennai Super Kings vs. Mumbai Indians and Kolkata Knight Riders vs. Delhi Capitals. Best 1st over total runs odds Third-placed Marathonbet, with commission of 8.65%, was only just in front of GentingBet in fourth at 8.70%. The top three sites in the overall bookmaker standing for IPL betting all finished in joint fifth, with a commission of 9.01%. The average commission rate for the market was 10.78%. Best bookmaker for Indian Premier League betting The IPL is the most popular T20 league in the world, and from our research it’s clear that bookmakers are keeping up with the demand to place bets on it. Best total match sixes odds For this comparison, we researched what was available with the following bookmakers: Mr GreenUnibet888Sport Subscribe to the iGaming newsletter Topics: Sports betting Online sports betting The final bookmaker in our top three was 888Sport. It also offered highly competitive commission rates across the board. 888Sport came joint top of the rankings for the lowest commission for the 1st over total runs market, with the same commission as the top two sites. It narrowly beat bet365 (in fourth place overall) by having better commission rates in the other categories. 888Sport took 5.43% from the outright winner odds, compared with bet365’s rate of 5.52%. As well as our top three, a couple of other operators deserve a mention. Coral and Ladbrokes finished in fourth and fifth place overall in the overall best bookmaker category. BoyleSports also warrants recognition as it had the overall best IPL match odds commission, with a rate of just 4.32% for the Chennai Super Kings vs. Mumbai Indians match. And in terms of variety, Betway offered an outstanding selection of markets at 128. The top three sites here were the same as the top three overall. Mr Green, Unibet and 888Sport all took the same commission from the 1st over total runs market and therefore shared top spot here. Betway offered the widest selection of markets by far, with 128 markets. It may not have had the best IPL match betting odds, but its variety would likely have meant it attracted many bets as no two punters are the same and they each have their own preferences. Conclusion We looked at lots of factors in determining the best bookmaker for IPL, not just the  odds. Many of the bookmakers impressed, but three really stood out from the rest.center_img Best to win match odds By far the most popular bet on cricket is on the outcome of the match. We compared the commission rates across the three games to find the site with the best IPL match odds. These were our top three sites in this market: They were all just clear of Betfred in fourth, which took a commission of 5.42% in this competitive category. The average for this category across the 25 bookmakers was 6.87%. The average number of markets offered by the bookmakers we examined was 42. BetVictor finished in third place after providing odds on 76 different markets, far beyond that figure. It was also well clear of the fourth best site in this category, Sky Bet. As one of the most popular global sports, cricket has hundreds of millions of supporters across the globe. So it’s no surprise to see that many bookmakers in the UK offer odds on the action. It’s the world’s biggest T20 cricket league, with players from England, Australia and the West Indies heading to India to take part. It’s the place to be for players and an exciting spectacle for fans. One of the more unique popular markets in IPL betting is a wager on the side that will hit the most sixes in the match. The majority of sites offered odds on this market, with some allowing punters to bet on a draw as well. These were our top three sites for total match sixes odds: It was a tie for first place as Coral and Ladbrokes took the same level of commission from this market at 7.42%, well below the site in third place. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter It’s not just about the site with the best IPL betting odds, bettors also want a wide selection of markets to bet on. These three sites offered the most IPL betting markets: About bettingexpert.comProviding expert tips and in depth betting theory, bettingexpert.com is the world’s biggest social network of sports betting tipsters. Its global community of experts compete for prizes by sharing their strongest tips on upcoming matches across 25 different sports to help millions of sports bettors place knowledge-supported bets, with the best odds available from a variety of bookmakers. Betting Expert is owned by Better Collective, the leading developer of educational platforms within the igaming industry. Overall best bookmaker for IPL cricket betting We compared the bookies across a range of different markets, comparing their odds for match winner, runs in the 1st overs, the highest number of sixes in the match and the total number of betting markets offered. All data were collected in the UK between 21 and 23 October for matches played between 22 and 24 October. BoyleSports took an average commission of just 4.79% from match outright winner markets. The operator had the best IPL cricket match odds across the three matches and was the clear winner in this category. Mr Green’s variety was one of the reasons it became the number one overall best bookmaker for Indian Premier League betting. It offered odds on 80 different markets, far more than the majority of other bookmakers. Marathonbet finished in third in this particular category. Its commission of 5.23% was enough to put it ahead of William Hill and Sportingbet in joint fourth place, with commission rates of 5.34%.   One of the quickest ways to get a return from cricket betting is to wager on the first over. This is a highly competitive market for bookmakers. These were the top three odds providers for 1st over total runs: Regions: UK & Ireland Sports betting Email Addresslast_img read more

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AGA signs PGA Tour to responsible gambling campaign

first_imgUnder the arrangement, the Tour and AGA will develop content encouraging golf fans to bet responsibly. Regions: US Responsible gambling AGA signs PGA Tour to responsible gambling campaign Read the whole story on iGB North America. Topics: Sports betting Responsible gambling Co-branded content will appear on the Tour’s social and digital platforms, while public service announcements will also air on PGA Tour Radio. Golf’s PGA Tour has signed up to support the American Gaming Association’s (AGA) ‘Have A Game Plan’ public service initiative to promote responsible gambling in the US. Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “A key pillar of the PGA Tour’s sports betting strategy is responsible gaming and ensuring our fans are equipped with the appropriate resources so they are properly prepared and educated,” PGA Tour vice president of gaming Scott Warfield said. Tags: PGA Tour AGA 19th January 2021 | By Robert Fletcher “By aligning with the AGA in support of its Have A Game Plan campaign we’re able to align our efforts and provide a consistent message focused on responsible gaming.” Email Addresslast_img read more

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Online registration helps Iowa smash betting revenue record in January

first_img Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Online registration helps Iowa smash betting revenue record in January Online registration helped boost Iowa sports betting revenue to a record $11.3m, up 250.7% year-on-year and 56.0% month-on-month, as the state also easily broke records for handle, tax revenue and online betting figures. Tags: DraftKings William Hill FanDuel January 2021 The record revenue came on bets worth $149.5m, also a record, after an 157.8% increase from January 2020 and a 42.7% jump from December 2020’s previous high. 8th February 2021 | By Daniel O’Boyle Read the full story on iGB North Americacenter_img Topics: Sports betting Online sports betting Retail sports betting These online bets produced $8.4m in revenue, up 513.9% and more than the amount made through online and retail channels combined in any previous month. With players able to register for a betting account at home rather than traveling to a land-based casino for the first time, online betting skyrocketed 257.1% year-on-year and 54.7% from December 2020’s record, with $120.8m worth of bets placed online.  Regions: US Iowa Email Address Sports bettinglast_img read more

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