Press Releases
LIV GOLF IS HERE, BUT CAN YOU BET ON IT?
The biggest off-course news in professional golf came this week with the official launch of the LIV Golf Tour and the defections from the PGA Tour of stars Dustin Johnson, Phil Mickleson and others, but betting on the upstart venture in the United States is an easy proposition, according to TheLines, which tracks odds in the U.S. regulated sports betting market.
With the first event of LIV Golf’s debut tournament in London underway, legal wagering on the event is limited in the United States despite legal wagering available on PGA Tour events, like this week’s RBC’s Canadian Open. So what’s the difference and why isn’t wagering widely available on LIV golf? It comes down to regulation.
Up until very recently, LIV Golf didn’t have a governing body or an integrity policy, and regulators need to see both when asked to approve wagering. As a result, many books were reluctant to even ask.
As of Wednesday, ahead of Thursday’s debut for the new league, FanDuel was only approved in three states for LIV Golf betting and as a result, the operator chose not to post any odds for the first event. BetMGM had approval in more states but also did not offer odds.
DraftKings was approved in Illinois, Oregon, Ontario, Connecticut, Arizona, and Wyoming. BetRivers/PlaySugarHouse only had wagering available for LIV Golf in Connecticut and Ontario for both traditional golf markets and winner of the four-man team format.
“Sportsbooks couldn’t even provide proper notice to sports betting regulators to approve LIV golf because the new tour was still getting its golf operations organized at the last minute,” said Stephen Andress, managing editor of TheLines. “Asking regulators to allow odds was pointless until LIV established a governing body and an integrity policy.”
Integrity has another meaning for some when it comes to this new threat to the PGA Tour. It is financed by the Saudi Public Investment Fund.
LIV Golf, led by former star Greg Norman, has received plenty of criticism for sportwashing – using hundreds of millions of dollars to lure players to play in the tour in an attempt to clean up the country’s tarnished reputation on human rights. In comments related to the killing of journalist Jamal Khashoggi, Norman said, “we all make mistakes.”
Mickelson, who removed himself from the public eye months ago after his comments related to the PGA Tour and LIV Golf became public, committed to LIV Golf this week and reportedly will be paid $200 million. Johnson is set to earn more than $100 million guaranteed from LIV Golf.
The PGA Tour announced Thursday that all players committed to LIV Golf have been suspended from further competition. But Johnson, Mickelson, Sergio Garcia and others who have bolted for the new circuit will be eligible to play in next week’s U.S. Open as the major championship is conducted by the United States Golf Association, not the PGA Tour.
Latin America
THE WINNING BET: NAVIGATING BRAZIL’S EVOLVING SPORTS BETTING MARKET
BETBY, a leading provider of sports betting solutions, is pleased to announce the release of a comprehensive industry report titled “The Winning Bet: Navigating Brazil’s Evolving Sports Betting Market”. This insightful report provides a deep dive into the intricacies of Brazil’s dynamic sports betting landscape, offering valuable insights for businesses looking to capitalize on this burgeoning market.
The report covers various key aspects, including:
· Historical background of sports betting regulations in Brazil;
· The state of digital connectivity in Brazil, including internet usage and mobile connectivity;
· In-depth analysis of player betting behavior, revealing trends and preferences among Brazilian sports bettors;
· Market potential and growth projections for the Brazilian sports betting industry;
· Recommendations for businesses aiming to succeed in the Brazilian market.
With Brazil’s recent regulatory changes opening up new opportunities in the sports betting sector, understanding the nuances of the market has never been more critical. This report equips businesses with the knowledge and insights needed to navigate Brazil’s evolving sports betting landscape successfully.
For businesses seeking to establish a presence or expand their operations in Brazil’s sports betting market, Betby offers tailored sportsbook solutions and expertise to meet their needs.
Latest News
Hacksaw Gaming Scores Again in New Market – Another Exciting Launch with Betsson Group to Fire Up Buenos Aires!
Following a long standing partnership formed in 2021, Hacksaw Gaming and Betsson Group have surpassed some major milestones together. Showcasing our vibrant portfolio of games in markets such as the UK, Croatia, Greece, Italy, Denmark, Estonia and Mexico, our relationship with Betsson is an ever developing one.
Buenos Aires is a vibrant regulated market with significant potential for growth within the digital online gaming community. Players can now enjoy unique and innovative games such as Wanted Dead or a Wild, Le Bandit and R.I.P City for the first time ever, and we can’t wait for them to immerse themselves in the Hacksaw experience.
Impressively, this is our third expansion with Betsson in the last 4 months, having gone live with many fan favourites in both Croatia, Spain and now Buenos Aires. Equally noteworthy, looking at Betsson’s multiple brands Nordicbet, Betsafe, Europebet, Starcasino.IT and Casinoeuro to name a few, it’s not difficult to see why they’re one of the biggest fish in the vast online gaming ocean.
Founded in 1963 and starting off their industry leading operations with just a humble slot machine, Betsson Group is now an industry pioneer with licences in 23 jurisdictions. “We couldn’t be more thrilled to mark another pivotal moment in our partnership with Hacksaw Gaming.” Kevin Saliba – Commercial Director, Business Development went on to say, “This latest launch not only strengthens our bond but also promises to elevate the gaming experience for our players in Buenos Aires, who are in for a treat with Hacksaw’s exceptional portfolio of games.”
Marcus Cordes, Hacksaw Gaming CEO is just as delighted with the growth – “Expanding on what Betsson has stated, we’re elated to extend our game offerings to yet another jurisdiction of their esteemed players. Looking toward the journey ahead, we’re eager to further enrich their gaming experience in the days to come.”
Looking forward we can only imagine the possibilities ahead with Betsson.
Latin America
Elevating Colombia’s iGaming: Amusnet Partnership with WPlay
Amusnet, is enhancing its presence in Colombia through a strategic partnership with WPlay – the country’s highly recognized online casino and sports betting website. The collaboration represents a synergy of expertise and resources, combining innovative gaming solutions with established presence and market knowledge.
“We are thrilled to collaborate with one of the leading operators in Colombia. Together, we aim to deliver unparalleled gaming experiences to players in Colombia and beyond, setting new standards of excellence in the industry. This new partnership signifies a mutually beneficial agreement to all stakeholders, particularly our valued players,” Daniel de los RĂos, Commercial Manager Latam of Amusnet.”
The CEO of WPlay, Julio Cesar Tamayo, comments: “We are pleased to have Amusnet’s games on WPlay. We understand the importance of this provider on an international level and the interest it generates among Colombian players. Looking forward to achieving great results together!”
Currently, Amusnet has over 40 live games available at wplay.co. The company anticipates expanding this number to 70 by next month to reach 100 live games by the end of the year. Players can enjoy some of our most popular and well-performing online casino slots. 40 Super Hot, Burning Hot and Shining Crown are only a few examples of the continuously growing portfolio of Amusnet games offered on the WPlay website.
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Compliance Updates6 days ago
Massachusetts Gaming Commission Names Director of Investigations and Enforcement Bureau and Executive Director
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Latest News7 days ago
BMM INNOVATION GROUP TO EXHIBIT AT THE INDIAN GAMING TRADESHOW (IGA) APRIL 10-11 AT THE ANAHEIM CONVENTION CENTER, DEMONSTRATING COMMITMENT TO TRIBAL PARTNERSHIPS, INDUSTRY ADVANCEMENT
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Latin America6 days ago
PRAGMATIC PLAY PARTNERS WITH THE FACTORY GAMING TO EXPAND LATAM PRESENCE
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Gaming6 days ago
Knorr and World-renowned Gamer and Streamer, Ninja, Call on Gaming Industry to Supercharge Vegetables in Games
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Latest News7 days ago
INVINCIBLE GG UNLEASHES THE AI-POWERED MOBILE SKILL GAME OWNER’S CLUB IN MASSIVELY SUCCESSFUL FRESHMAN BETA
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Gambling in the USA3 days ago
ACR POKER DEBUTS ITS TURBO BOOST SERIES WITH $2 MILLION GUARANTEED AND 10 SEATS TO BIGGEST-EVER VENOM
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Canada6 days ago
iGaming Ontario Seeks Proposals for a Centralized Self-exclusion Solution Until April 24, 2024
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Compliance Updates3 days ago
TIPICO IS THE FIRST U.S. SPORTS BETTING OPERATOR TO RECEIVE ICAP ACCREDITATION FOR BEST PRACTICES IN ONLINE GAMBLING PLAYER PROTECTION