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Betway Concludes ‘smooth’ Launch into Ontario’s iGaming market

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Super Group-owned Betway has confirmed its “smooth” transition to the Ontario online sports betting market. Super Group CEO, Neal Menashe, described Canada as its “largest sportsbook market”, with the arrival of Betway into the Ontario province something of a watershed moment for the group.

When Ontario had a “grey” market for sports betting, the province welcomed Betway and was one of the leading operators before transitioning to its fully regulated marketplace. Menashe revealed that the opening week of figures since Betway’s launch in Ontario were “in line with expectations”.

At the present time, Betway’s sportsbook is the only element of its platform that is live in Ontario. Its online sportsbook covers a multitude of sports leagues and events, including live betting for in-play bettors. Its Betway Live Video service also provides a useful platform for sports bettors, with the ability to catch live sporting events in real time.

There is a likelihood that its casino games will be made available in the coming months, although it could be achieved through another subsidiary of its parent company, which is headquartered on the Channel Island of Guernsey.

The Spin arm of Super Group is due to launch in Ontario imminently and Menashe said the group has “learned a lot” from Betway’s recent arrival that it “can implement” to improve its iGaming experience for Canadians. Live dealer games could be firmly on the agenda given Betway’s new partnership with Playtech for a “multi-year” period.

Betway making moves to embark on the US market too

In February, Betway and Super Group announced ambitious plans to launch its sportsbook operations online in the fast-growing US market. A ground-breaking licensing arrangement with DGC will see Betway ‘go live’ in as many as ten US states simultaneously.

INSERT IMAGE HERE >>>>> https://images.unsplash.com/photo-1523111567642-f71bebeb173f?ixlib=rb-1.2.1&ixid=MnwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8&auto=format&fit=crop&w=880&q=80 >>>>> SOURCE: Photo

Ahead of Betway’s impending launch stateside, enhancing its North American presence, Menashe said that the overall group’s balance sheet “remains strong” and that it would continue to seek “selection acquisitions” to cement its reputation as a “niche player” in a host of iGaming markets spanning Europe, North America and Asia. It recently entered the Bulgarian market, which is by no means one of the biggest revenue drivers in the European iGaming landscape. However, it has been part of Europe’s number-one iGaming market, the UK and Ireland, where it has sponsored some 4,000 races across the horseracing scene.

Marketing promotions unveiled to celebrate the new football season in African market

Betway has also become one of the most trusted and reputable online sports betting operators in the fledgling African market. In Ghana, where Betway has been live for some time, it has recently unveiled a string of sportsbook promotions aimed at promoting its football betting products.

The site has introduced a promotion called “Beat the Odds”. Launched in early August to coincide with the new English Premier League (EPL) campaign, Beat the Odds will run for 60 days, giving customers a chance to land a share of prizes worth up to 3 million Ghanaian cedi.

To be eligible for the promotion, Ghanaian bettors must place qualifying wagers via the Beat the Odds page on the Betway platform. Bettors will earn or lose points on the Beat the Odds leaderboard, depending on the success or failure of their bets. The lucky bettor that finishes top of the Beat the Odds leaderboard will scoop an immediate 250,000 Ghanaian cedi in cash.

In addition, the operator has also unveiled the Big Betway Jackpot Winners league, whereby bettors can compete to land a jackpot of 16.5 million Ghanaian cedi by correctly predicting the results of no less than 17 football fixtures weekly. The 17-team jackpot costs 1.50 Ghanaian cedi to enter.

Low-roller, casual customers can also enter the 13-team and 8-team jackpot games which offer comparatively smaller jackpots. The 13-team jackpot costs 1 Ghanaiain cedi to enter for a potential 270,000 Ghanaian cedi payday, while the 8-team jackpot costs 0.50 Ghanaian cedi to try and win a payout of 5,000 Ghanaian cedi.

There’s also a Multi Bet bonus that’s focused largely on those who place multiple and acca bets. Acca bettors can get their potential winnings boosted up to a maximum of 500%. To qualify for this bonus, bettors must incorporate at least two legs at odds of 1.30 or better into their betslip.

All of which goes to underline Menashe’s comments that Super Group and Betway remains “in a unique position” when it comes to the “global online gaming universe”, with a “diverse footprint”.

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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of СS2

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From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

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Latest News

MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

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Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

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Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

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