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2024 US Presidential Election – Cloudbet Market Movers

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2024 US Presidential Election – Cloudbet Market Movers

 

After a hotly-contested campaign for the 2020 election, and a see-sawing betting market to match, Cloudbet customers are already sowing some seeds for the leading candidates in 2024

* Kamala Harris is firming up as favourite, down to 4.61, ahead of President Biden at 5.06

*  Before the storming of the Capitol, Donald Trump was 34.0 to win in 2024. Today? he’s down to 8.0

* Mike Pence, on the other hand, is drifting out to 12.0 from 9.0

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With Donald Trump barely out of the White House and Joe Biden ensconced as the 46th President, you’d think it would be time for the betting public to draw breath and have a break from all things political. But not a bit of it… leading crypto betting operator Cloudbet has already seen plenty of action in its 2024 markets.

Setting the Scene

The 2020 US Presidential election was the biggest betting single event in history. $1.8 billion was wagered on Trump v Biden in the Betfair Exchange alone.

Joe Biden was the odds-on favourite – however, for leading crypto betting operator Cloudbet, 80% of the money taken on the US election had been on Trump and the Republicans – and it’s a theme evident across other books as well – with many on the record that a huge proportion of money continued to roll in for Trump and people continued to distrust polling data.

Regardless, Biden and the Democrats won – with a clear 306-versus-232 Electoral College majority, and leading the popular vote tally by a whopping 7.06 million votes. As Senate Majority Leader Mitch McConnell ultimately put it, “this election actually was not unusually close.”

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So, this time you’d expect Trump backers to be a tad more circumspect? Well.. up to a point, yes. If you’d looked at the markets you’d have seen Donald J Snr a lowly 33/1 (34.0 in decimals) for 2024. And then came the Capitol riots.. and even since then, the MAGA army have been backing their overlord, down into 8/1 (9.0) for today, after he vaguely promised “”we will be back – in some form” during his farewell salvo.

The Trump Dynasty

While we all wait to see if Trump’s second impeachment is more successful in Congress than the first, the Trump family is still seeing some movement in the markets. Ivanka is the most popular Trump, currently priced at at 25/1 (26.0 in decimals). While Trump’s namesake and eldest son Don Jnr can be backed at 50/1 (51.0). And poor Eric? The second son is a sibling sideshow and rank outsider at 108, even drifting over the past week from 100/1.

Cruzing for Another Bruising

Ted Cruz made his bid before the Capitol riots to pick up the Trump MAGA mantle. But it’s not working for him – at 35.0, he’s even behind Dwayne “The Rock” Johnson 29.0. Fox News’ opinionist-in-chief Tucker Carlson is a rather surprising 34.0 shot.

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So far there’s little appetite in the market for another TV celebrity to replace The Apprentice’s Donald Trump. Oprah Winfrey, George Clooney and Mark Zuckerberg are the only other ones to get a quote on the leaderboard; but all rate at longshot, triple-digit threats.

For now, the only serious political figures gaining the public’s attention are the new President and Vice President. Although, interestingly, customers are backing VP Kamala Harris (4.61) to take the top job in 2024, not her boss Joe Biden (5.06), who will be about to celebrate his 82nd birthday at the next election. Despite attending the inauguration, former Vice President Mike Pence can’t be hopeful of his chances, with his odds drifting like a barge.

And for the rest of the field? Unsurprisingly, bettors are waiting to see what happens next amongst the two main parties. That said, one name, Republican ex-Governor Nikki Haley (former UN Ambassador under Donald Trump), is seeing a small surge of money, dropping down from prices in the mid-20s into 15.0. So, if you want to take an early punt, the markets are suggesting this is the most likely early candidate to claim the Republican ticket to be America’s 47th President.

 

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Endorphina Enters into Partnership with Luckia

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Endorphina has entered into a partnership with Luckia, a leading company in the gaming sector. Combining Endorphina’s passion for slots with Luckia’s innovative spirit, this partnership is set to provide incredible gaming experiences to all iGaming enthusiasts.

Endorphina’s Senior Partnership Manager, Zdenek Llosa, shared his excitement about the partnership: “We are thrilled to join forces with Luckia, a respected and influential operator in Colombia, Spain, Mexico, and Portugal. This partnership is a significant step forward in our global expansion strategy, allowing us to reach new players and markets. We are confident that Luckia’s players will appreciate the quality and diversity of our games, and we look forward to a fruitful and enduring collaboration.”

Luckia is a commercial brand of Luckia Gaming Group that combines offline and online gaming, including traditional businesses such as gaming machines in bars and restaurants and gaming arcades, new online gaming activities, and land-based sports betting. By advancing the current concept surrounding gaming, Luckia aims to provide an extensive entertainment experience, democratizing gaming and making it a social, accessible, and trust-inspiring activity.

Eloy Fernandez, Head of Product at Luckia, said: “We’re thrilled to announce our new partnership with Endorphina, with Mexico being the first market to go live with their creative slot content on Luckia’s platform! Endorphina’s distinctive games will not only enhance our offering but also provide a fresh and engaging experience for our Mexican players. Their unique approach aligns with our mission to elevate entertainment and optimize our services in key markets.”

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Compliance Updates

eCOGRA Approved to Operate in Arizona, Indiana and Panama

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eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.

This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.

Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.

In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.

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“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.

Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”

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Aposta Ganha launches Black Friday promotion with new ambassador Luva de Pedreiro

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Aposta Ganha launches Black Friday promotion with new ambassador Luva de Pedreiro

 

Aposta Ganha, the fastest growing Brazilian sports betting and casino site in Brazil, has launched its Black Friday promotion with its newest ambassador Luva de Pedreiro, AKA Bricklayer’s Glove.

With over 21 million followers on Instagram, the digital influencer and social media phenomenon will strengthen the brand’s presence in the market and shake up Black Friday with a campaign full of special offers for bettors.

Known for his catchphrase “Receeeeba!” and his irreverent personality, Luva de Pedreiro will be the main face of the campaign, creating a direct connection with the public, football fans and social media enthusiasts. The partnership aims to increase Aposta Ganha’s visibility in the market, attract new bettors and offer an even more dynamic experience.

Aposta Ganha is taking advantage of Black Friday to reinforce its commitment to ethical and transparent operations in the market. The platform complies with the new regulations of the Federal Government and invests in education and awareness initiatives, ensuring a safe experience for its users.

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Vitor Paulin, Chief Marketing and Growth Officer at Aposta Ganha, said: “Signing an ambassador like Luva de Pedreiro is a huge milestone for Aposta Ganha. His authenticity and connection with the public make him the ideal partner to boost our brand and make the betting experience even more exciting.”

Aposta Ganha’s Black Friday brings unmissable offers for all types of bettors. One highlight is that bettors will receive 10% cashback on the amount lost in the Aviatrix game and daily offers for sports betting. The promotions will be valid from November 21 to 30, with exclusive advantages in selected games each day.

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