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Increase Your Online Betting Odds with Cashback Offer from STICPAY

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Increase Your Online Betting Odds with Cashback Offer from STICPAY
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With the finals of EURO 2020 and Wimbledon fast approaching (both Jul 11) and the summer of sport continuing with the Tokyo Olympics, sports betting fans face a wealth of exciting opportunities to have a flutter. But even if you don’t win big with your bets this summer, a new 10% cashback offer from e-payment wallet provider, STICPAY, could make any losses easier to bear.

Sports betting is a huge global industry and accounts for an estimated 30-40% of global gambling revenue. The industry reached a market size of $203bn in 2020 and employed almost 200,000 people in 31,000 businesses.

According to statista.com, 45% of sports bets are placed using a mobile phone and the online gambling market is expected to be worth more than $92.9bn in 2023.  This is a huge jump from the $59bn the market was valued at in Sep 2020 and highlights the rise of online gambling.

The cancellation of live events due to the pandemic will have impacted figures for 2020/21, but the return of sporting events this summer is set to boost the industry’s fortunes. As a rough guide there were more than 10 million bets placed during the 64 matches of the 2014 World Cup in France. This summer’s combination of EURO 2020, Wimbledon, Olympics and more will have online betting firms placing their bets on increased customers.

It’s fun and adds to the excitement of live sports, but there are things to be aware of when entering the world of online betting too. Aside from the risks associated with any form of gambling, online gambling could be subject to the same threats as any online activity, so you need to ensure your money is safe and that hackers won’t all of a sudden have access to your bank account or credit cards. There are many online betting firms around the world to choose from, but whichever you decide on, using an e-payment wallet, such as STICPAY, adds an extra layer of security to protect your money. Paying for your bet using your STICPAY wallet means your bank account or credit card details are never exposed to a third party.

Also STICPAY strictly screens both its merchants and consumers with regular KYC and AML checks. The company also employs advanced anti-fraud measures to eliminate threats and protect its customers.

An additional benefit to the STICPAY e-wallet is that payments can be made instantly in the currency of your choice, removing the need and cost of currency conversions. So, whether you are in Singapore betting on the Grand National in England, or in the South of France betting on the Tokyo Olympics, a STICPAY e-wallet makes it easy, immediate and secure – and the current 10% cashback offer makes this the perfect summer to try it out.

Client Service Director at STICPAY, James Bay, said: “We are conducting so much of our lives online now that it is essential to have a trusted, secure, convenient and easy to use means of making payments online. Paying directly with debit or credit cards online is not secure enough to protect us from the sophisticated hackers that are actively looking to steal people’s payment details, so that is why having an e-wallet like STICPAY is essential. Online sports betting and gambling can be a lot of fun and add to the excitement of live sporting events, but only if you know you are dealing with a trusted payment partner.”

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236 suspicious betting alerts reported by IBIA in 2021

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236 suspicious betting alerts reported by IBIA in 2021
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The International Betting Integrity Association (IBIA) reported 236 cases of suspicious betting to the relevant authorities during 2021, with 69 alerts in the fourth quarter (Q4). The annual figure is a 13% reduction on the 270 cases reported in 2020. The 2021 figure is consistent with recent years, with the average number of annual alerts at 240 during 2018-20. The 2021 alerts spanned 13 sports and 49 different countries, with tennis and football continuing to dominate. Europe also continued to provide the highest number of alerts with 50% of the annual total.

Khalid Ali, CEO of IBIA, said: “Another challenging year for the sector has passed with the spectre of Covid and its impact on sporting events declining, and hopefully a potential endgame in sight. It is therefore welcomed that the alerts for 2021 showed a downward trend and a return to pre-Covid numbers. Challenges however persist, notably with the growth of private sports events and establishing integrity protocols to the levels seen in traditional sports bodies. The association is working with a number of stakeholders in this area to improve integrity provisions.

“Indeed, the dangers of betting corruption remain, and as the Optimum Betting Market report published last year highlighted, that equates to around $25m per annum in lost revenue for the regulated betting sector globally. It is therefore welcome that the requirement for operators to be part of an integrity monitoring system have gathered pace across the US, and have been endorsed in Sweden, to add to existing requirements in the Netherlands, Germany and the Czech Republic. The approach in Ontario is particularly worthy of attention and is a best practice model. The association looks forward to working with a wider range of operators on integrity as a result.”

Other key data for 2021:

  • 80 – Total tennis alerts, a decrease of 18% on the 98 reported in 2020
  • 66 – Football alerts, an increase of 8% on 2021 and the highest annual number reported
  • 27 – Alerts on sporting events in Russia, the highest number for a single country in 2021
  • 11 – Successful sporting or criminal sanctions during 2021 from IBIA alerts
  • 10 – Alerts reported in North America, a 54% decrease on the 22 reported in 2020
  • Over the five-year period 2017-21, IBIA reported 1,222 alerts across 19 sports and 101 countries.

The International Betting Integrity Association is the leading global voice on integrity for the licensed betting industry. It is run by operators for operators, protecting its members from corruption through collective action. Its monitoring and alert platform is a highly effective anti-corruption tool that detects and reports suspicious activity on its members’ betting markets. The association has longstanding information sharing partnerships with leading sports and gambling regulators to utilise its data and prosecute corruption. It represents the sector at high-level policy discussion forums such as the IOC, UN, Council of Europe and European Commission.

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Evolution launches Bac Bo, its unique Dice Baccarat game

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Evolution launches Bac Bo, its unique Dice Baccarat game
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Evolution today announced the launch of Bac Bo, a unique dice game created by Evolution in the spirit of Baccarat.

Bac Bo is essentially a simpler version of Baccarat played with dice. Instead of using cards, in Bac Bo the Player score and the Banker score is made up of the sum of two dice, automatically shaken in four individual shakers, two for each hand. Banker and Player both roll their pair of dice, and the resulting two numbers are added together. The highest two-dice total wins or, if the totals are the same, the round ends in a Tie, which offers payouts of up to 88 to 1.

Todd Haushalter, Chief Product Officer at Evolution, said: “Bac Bo is another unique creation from our very talented product team and developers. It blends the essence of two classic games, Baccarat and Sic Bo, and creates something entirely new and different. You get the elegant flow and excitement of a ‘come from behind win’ that makes Baccarat so popular – but with the visual excitement of a dice game.”

Haushalter added: “Whilst very much in the spirit of Baccarat, Bac Bo is a game that’s quick to understand. It has easier to follow rules and gameplay compared with Baccarat, with just the outcome of the simple dice rolls to consider. The dice rolls – and the excitement – just keep on coming!”

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Gambling in the USA

Spearhead Studios becomes new Fusion™ partner

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Spearhead Studios becomes new Fusion™ partner
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Aspire Global’s Pariplay Ltd, the leading aggregator and content provider, has taken content from Spearhead Studios live on its Fusion™ platform.

Games produced by Spearhead Studios, the gaming development company of EveryMatrix, are currently being rolled out in regulated markets worldwide through Fusion™, Pariplay’s innovative solution.

Spearhead Studios develops high-quality video slots, table games and other online real-money games, with a strong focus on localised and data-driven production. Its content is currently live with over 100 online casino operators in 14 markets across Europe, Latin America, and soon the U.S.

Pariplay’s Fusion™ aggregation platform incorporates a suite of back-office conversion and retention tools that enhance player value, while featuring thousands of titles from the industry’s leading games developers.

The Spearhead Studios content deal is the latest in a string of new partnerships as Pariplay furthers its growth in regulated markets globally.

Callum Harris, Director of Partnerships at Pariplay, said: “Spearhead Studios has carved out a deserved reputation for delivering slick content that is very carefully designed to appeal to local audiences.

“The addition of this innovative studio’s product portfolio on Fusion™ is the latest step within our mission to offer players a wide variety of content that appeals to a range of demographics in markets around the world.”

Mathias Larsson, Managing Director of Spearhead Studios, said: “By integrating with Pariplay’s aggregation platform, we are able to reach a significantly larger range of operators in regulated markets globally.

“We believe our content hits the sweet spot in terms of giving players in local markets experiences that resonate with them. We look forward to a long and successful partnership, characterised by mutual growth.”

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