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iBETcha Gives Fans a $50k ‘Second Chance’ at NCAA basketball glory with ‘Buzzer Beater’ iBet Challenge

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Astralis Capital among second round investors as Sports Gambling Guides receives an additional $2M in funding

 

iBETcha announced that the company will launch its new peer-to-peer betting app by awarding up to $50,000 in cash prizes if there is a ‘buzzer beater’ finish for either the 2021 NCAA Men’s or Women’s basketball finals.

Qualified entrants using the iBETCha app will be chosen at random for a chance to win the ‘Buzzer Beater iBet Challenge.’ Players in the entry pool must place an iBet on their chosen Men’s or Women’s NCAA Finals winner by correctly calling a ‘buzzer beater’ – or a winning shot in the final three seconds of the game.

The iBETcha app is a pioneering social wagering platform that enables users to enjoy the excitement of betting on anything, anywhere, at any time: between friends; with other users worldwide; or against iBETcha ‘The House.’

“March Madness is the most exciting three weeks of sporting activity in America. But millions of people suffered busted brackets almost immediately after the tournament started,” said iBETcha Founder John Ricci. “This was a banner year for major upsets, so a lot of people are wishing they had a second chance. That’s what the ‘Buzzer Beater iBet Challenge’ is all about.”

Users can enter the iBETcha ‘Buzzer Beater iBet Challenge’ via the iBETcha app – which is available in BETA version on the Apple app store. Or go to iBETcha.io to learn more about this game-changing breakthrough in social wagering. Entries are due no later than 6pm on Sunday, April 4th for the NCAA Women’s and 9pm April 5th for the Men’s.

From picking winners in major sports competitions to proposition in-game wagers, parlays and custom iBets – users enjoy all of the excitement and thrill of big-time betting in a non-cash environment that uses iBits as in-game currency.

iBETcha Inc. is a privately held corporation based in Boston, MA that has entered its first round of fundraising. It was founded in October 2020. The in-app ‘social betting’ experience merges the excitement of real-time wagering and daily fantasy sports with the viral appeal of popular smart-phone gaming and social media-based games, with localized rewards. The exclusive BETA version is available now on the Apple app store.

The total award pool for iBETcha’s ‘Buzzer Beater iBet Challenge’ is worth well over $50,000 with entrants that miss out on the big chances at $25,000 still eligible for other premiums, awards and prizes. Among more the prizes up for grabs in the iBETcha contest are:

  • A round trip ticket to Las Vegas on Greyhound from anywhere in the continental U.S. and a Starbucks gift card.
  • 8×10 original Chuck Norris signed photo (made out to ‘Sheila’); Birddogs Shorts; L.L. Bean socks; an ‘Ellen’ mug; a set of steak knives; and more.
  • A complete Mission Cooling ensemble for Athletes that need cooling

“Big-time wagering isn’t just about money. It’s about thrill-seeking, excitement and the high-roller lifestyle,” said Ricci. “We are delivering on all of that with the most dynamic and fast-paced wagering experience possible. It’s life, and we have gamified it.”

 

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SOURCE Ibetcha Inc.

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THE UNIT TO STEP UP EXPANSION PLANS WITH OPENING OF NEW YORK CITY OFFICE

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THE UNIT TO STEP UP EXPANSION PLANS WITH OPENING OF NEW YORK CITY OFFICE

 

The Unit aims to grow its presence in the Americas with move to new Manhattan location in January 2025 at Bank of Ireland’s NYC Hub


The Unit, a leader in product design and development for sports betting and iGaming, will proudly open its new office in New York City, as part of its long-term global expansion objectives, in January 2025.

The Americas division was established in 2023 with the launch of The Unit’s partnership with online operator PlayStar Casino. The New York City office, located in the heart of Manhattan, will now be the hub for The Unit’s activity in the Americas.

This new base will be located at Bank of Ireland’s NYC Hub, which was launched to help Irish business owners expand their North American operations. The offices at 2 Grand Central Tower are a great asset to Irish companies aiming to expand their operations in the United States and beyond. This is an ideal location for The Unit to grow its footprint in the region.

The project will be put into practice by The Unit’s Head of Business Development & Account Management Mark O’Hare, who has relocated to New York and will be responsible for The Unit’s commercial growth in the region.

With product and development teams in Ireland and Moldova, the addition of an American hub is further proof The Unit holds an unwavering commitment to becoming the partner of choice, on a global scale, throughout the industry.

Paddy Casey, Co-founder at The Unit, said: “These are exciting times for The Unit, and with plans in place to exponentially grow our presence in the Americas across the next few years, the start of 2025 will be the perfect time for us to move into one of the most vibrant cities in the world.

“This will be the ideal addition to our existing bases in Ireland and Moldova. The flexible workspace the hub can provide will be integral to our plans and will give us the opportunity to grow the team.

“This is an excellent opportunity for us to touch base with clients in the Americas and strategise further launches. We’re looking forward to mapping out our future in the region with our team on the ground there.

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“I would like to thank Mark O’Hare for making the move to New York, and I’m sure both he and his team will have the skills and experience to execute our vision for the Americas division across the long-term.”

Tania Sheikh, Manager of NYC Hub for Bank of Ireland, said: “We are very pleased to welcome The Unit to the NYC Hub. The facilities we can provide have helped businesses scale up and connect with their partners, and we are proud to offer that opportunity to The Unit.

“We look forward to hosting The Unit and wish them well in their endeavors to grow their business here.”

The Unit has solidified its strong track record of building world-class, scalable and efficient products for the sports betting and iGaming sector in recent years.

As The Unit embarks on this exciting period of growth, the company remains committed to delivering exceptional products and services to its clients. With its experienced team, best-in-class product development capabilities, and focus on innovation, The Unit is poised to shape the future of the sports betting and iGaming industries.

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Golden Matrix Group to Participate in the 2025 ICR Conference

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Golden Matrix Group to Participate in the 2025 ICR Conference

 

Golden Matrix Group Inc., a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.

Zoran Milosevic, Chief Executive Officer of Meridianbet, will participate in a fireside chat with an equity research analyst on Monday, January 13, 2025, at 2:30 PM ET and will also be available for meetings during the conference.

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Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids

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Be #GiftSmart: Scratch the Idea of Gifting Scratch & Win Tickets to Kids

 

BCLC reminds adults to gift responsibly this holiday season

With the holiday season in full swing, BCLC is reminding British Columbians to gift responsibly and scratch lottery products from their shopping lists for kids.

“Scratch & Win tickets can make great stocking stuffers for the adults in your life, but they’re not for kids,” said Ryan McCarthy, BCLC’s Director of Player Health. “The research shows that children who have early encounters with gambling are four times more likely to develop riskier gambling behaviour as they grow up. While people are out shopping for those last-minute gifts, BCLC wants adults to be aware of the potential risks associated with gifting lottery products to children and to consider safer alternatives.”

While Scratch & Win tickets are among the most common ways kids can be introduced to gambling, children are increasingly exposed to various online forms, such as gambling streams.

“With the convergence of gaming and gambling, youth are becoming more exposed to gambling content in online spaces like streaming sites, where creators are able to live-stream their own gambling, usually while playing online slots and instant games,” said Dr. Luke Clark, Director for Gambling Research at UBC. “Our research at the UBC Centre for Gambling shows that a higher frequency of watching online gambling streams is associated with a more positive attitude towards gambling and a high intention to gamble in the future.”

In B.C., it is illegal to sell lottery products to anyone under the age of 19 and BCLC encourages adults to have conversations with the kids in their lives about the risks associated with gambling.

“Open and honest conversations are crucial when it comes to navigating childhood exposure to gambling,” said McCarthy, who shared the following tips to adults:

  • Monitor for gambling-related lifestyle changes. For example, developing a positive attitude towards gambling or a preoccupation with video games or streaming sites.
  • Be a positive role model. Exhibit safer gambling behaviour and talk about the risks.
  • Limit exposure. Monitor kids’ online activities and discourage engagement with gambling content. Explain how gambling is based on chance.
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