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Bucks, Lakers, Clippers Favorites To Win NBA Championship

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NBA’s proposal to resume the 2019-20 season with 22 teams shifts odds while favorites remain the same, according to TheLines.com

LAS VEGAS — The Milwaukee Bucks, Los Angeles Lakers, and Los Angeles Clippers odds to win the 2019-20 NBA Championship shifted at legal sportsbooks across the country after the NBA announced its new 22-team playoff format, but the trio remains the betting favorites, according to TheLines.com, which tracks odds in the U.S. regulated sports betting markets.

NBA Commissioner Adam Silver, during a meeting with the NBA’s Board of Governors, proposed a format that will include the 16 teams that would have qualified for the playoffs when the season was postponed on March 11 as well as six additional teams that will be included in a play-in tournament for the eighth and ninth seeds. The games would be played at Disney World in Florida, and the league is targeting July 31 to resume the season, according to reports.

The significantly altered format changed the betting odds at DraftKings and FanDuel, which represent the two market leaders in the legal online sports betting market, as well as other major books. The Bucks reopened at +250 on DraftKings  — paying $250 for every $100 bet — and +200 on FanDuel. The Bucks were +250 on DraftKings and +240 on FanDuel when the season was postponed. DraftKings left the Lakers unchanged at +250, and FanDuel’s line moved to +250 from +270. The Clippers were also unchanged at +333 by DraftKings but moved to +325 from +340 on FanDuel. The Brooklyn Nets were by far the biggest movers — moving to +8000 (DraftKings) and +5000 (FanDuel), from +20000 and +21000, respectively — on the slim hopes of a return by star Kevin Durant.

“The Bucks, Lakers, and Clippers were always going to remain favorites, but the prospect of some stars returning from injury, especially Kevin Durant of the Nets, significantly altered the lines,” said Brett Collson, betting analyst at TheLines.com. “The specific target date for the resumption of the season also gives bettors something to look forward to. Factor in pent-up demand and the next two months should spur huge interest in futures betting.”

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The Denver Nuggets reopened at +3000 (DraftKings) and +2500 (FanDuel) — changing from +2000 at DraftKings and holding steady at FanDuel — making the Nuggets the favorite among teams that play in legal sports betting jurisdictions. DraftKings left the Philadelphia 76ers at +3000, and FanDuel left the line unchanged at +2500.

Odds on other teams in legal U.S. betting markets and expected to play in the 22-team reopening include:

  • Indiana Pacers (+10000 DraftKings and +10000 FanDuel, from +8000 DraftKings and +10000 FanDuel)
  • Portland Trail Blazers (+17000 DraftKings and +20000 FanDuel, from +20000 DraftKings and +21000 FanDuel)

To access the updated lines for every NBA team, and for more analysis, visit TheLines.com/odds/finals.

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Canada

ComeOn Group adds sportsbook to its offering in Ontario

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ComeOn Group announced a significant milestone in its sportsbook expansion journey with the addition of sportsbook to their offering in Ontario following the successful acquisition of the required permits. This addition represents a strategic advancement in the Groups sportsbook growth trajectory where they are set to double its sportsbook business in the coming years.

ComeOn Group is one of 51 active operators in Ontario. The Ontario market has experienced robust growth since its launch, reaching C$6.7 billion in revenue in 2023.* By 2029, the market is forecasted to grow by a total of 29%, with 2024 expected to close with a 20% increase.

ComeOn keeps investing in its sportsbook business acceleration that is powered by its proprietary sportsbook platform and in-house risk management and trading team. As a multi product vertical operator, ComeOn is striving to give its customer base a safe and exciting entertainment destination and this approach is now expanded to their Ontario audience.

Juergen Reutter, Chief Executive Officer at ComeOn Group, said: “We are very excited about the opportunities this new milestone opens up for us. As a casino-led operator it represents a key part of our sportsbook strategy to double our business in the coming years. Like in any of our other markets, we are striving for a differentiated sportsbook entertainment experience that is powered by our in-house technology. Our goal is to deliver top-tier entertainment to our players while fostering safe and innovative gaming experiences.”

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*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)

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BCLC

INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform

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INTRALOT S.A. has announced the undertaking of a new project between the British Columbia Lottery Corporation (BCLC), the sole lottery operator for the Government of British Columbia in Canada, and INTRALOT Inc., its US subsidiary, for the provision of an online lottery platform. The project also includes the digitalization of the existing land-based network.

The solution will be based on the Player X platform, part of the Lotos X ecosystem, and adds to the company’s overall partnership with BCLC, which has been extended until 2028.

INTRALOT is a leading player in a changing world of gaming. With significant experience in looking forward and anticipating emerging trends, the company provides future-proof solutions to regulated lottery and gaming operators around the world.

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Canada

Relax Gaming joins forces with PointsBet to strengthen footprint in Ontario

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Relax Gaming, the iGaming aggregator and supplier of unique content, has significantly enhanced its presence in the Ontario market through an agreement with leading Canadian operator, PointsBet.

This partnership reinforces Relax Gaming’s aim to become a standout provider across North America, having already gained early success in Ontario. Relax became one of the first suppliers to deliver content to the region’s players in March 2022, debuting with over 120 games across multiple operators.

PointsBet pride themselves as one of Canada’s leading operators offering unmatched speed, ease of use, and a comprehensive array of pre-game and in-play sports betting options. This is complemented by a top-tier online casino which will now be boosted with the integration of Relax’s portfolio of slots and live dealer options.

With its authentic Canadian approach, PointsBet prioritises technology that minimises external dependencies to maintain control over its platform and has a commitment to responsible gambling best practices, ensuring a safe and secure environment for all players.

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Martin Stålros, CEO at Relax Gaming, said: “Since we launched in Ontario we have enjoyed tremendous success, with our content hitting the sweet spot for the broad range of players in the Canadian province. This partnership with PointsBet will strengthen our presence in the market as the region’s leading operator integrates our rich content portfolio which will engage its player base.”

Scott Vanderwel, Chief Executive Officer at PointsBet, added: “Relax Gaming has established a strong reputation across North America and in Ontario in particular. The impressive range of content that will be integrated into our platform will increase engagement within our online platform and we are delighted to be able to provide more immersive experiences to our audiences.”

Established as one of the industry’s leading B2B suppliers, Relax Gaming was awarded GGA’s Product Launch of the Year in February 2023 for Dream Drop Jackpots. Money Train 3 names the 2023 CasinoBeats Game Developer Awards amongst its 6 Slot of the Year titles, while the brand also won the award for Skill Games Supplier at the 2023 EGR B2B Awards along with the Innovation in Mobile award at the 2023 SBC Awards.

Relax Gaming provides more than 4,000 online casino games, from its high-performing proprietary slots to a significant, varied library of content from hand-picked third-party studios via its partnership programmes.

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