Canada
Bruins, Lightning Still Betting Favorites To Win Stanley Cup
As the NHL announces its plan to complete 2019-20 season, odds shift even as favorites remain the same, according to TheLines.com
LAS VEGAS — The NHL betting lines changed after NFL Commissioner Gary Bettman announced Tuesday the league’s return plan for the 2019-20 season, but the Boston Bruins and Tampa Bay Lightning remain the betting favorites to win the Stanley Cup. The updated betting lines reflect a modified playoff format, according to TheLines.com, which tracks odds in the U.S. regulated sports betting markets.
The date to begin play is not yet certain, but when the NHL does resume the new format for the Stanley Cup Playoffs will include 24 teams, a round of eight play-in series, and first-round byes for the top four seeds in each conference. Boston reopened after Tuesday’s announcement at +650 on DraftKings — paying $650 profit for every $100 bet — and +600 on FanDuel. The Bruins were +550 on DraftKings and +650 on FanDuel when the season was postponed in March. DraftKings moved Tampa Bay to +700 from +750, and FanDuel’s line moved to +600 from +700.
The odds for teams in markets where sports betting is legal saw significant moves, too. The Colorado Avalanche reopened Tuesday at +900 (DraftKings) and +750 (FanDuel), changing from +1000 and +850, respectively. DraftKings moved the Vegas Golden Knights to +800 from +1000, and FanDuel moved the line to +850 from +900.
“With first-round byes, the new format gives a distinct advantage to the top four seeds in both conferences and the updated lines reflect that,” said Brett Collson, betting analyst at TheLines.com. “With so much pent-up demand for sports betting, we expect relatively heavy betting in regulated sports betting markets across the U.S. So the betting lines should continue to move before the first puck is dropped.”
Odds on other teams in legal U.S. betting markets and expected to participate in the playoffs include:
- Pittsburgh Penguins (+1700 DraftKings and +2000 FanDuel, from +1200 DraftKings and +1300 FanDuel)
- Philadelphia Flyers (+1000 DraftKings and +1100 FanDuel, from +1400 DraftKings and +1300 FanDuel)
- New York Islanders (+3500 DraftKings and +4200 FanDuel, from +3500 DraftKings and +2900 FanDuel)
- New York Rangers (+4000 DraftKings and +4000 FanDuel, from +4000 DraftKings and +4500 FanDuel)
- Chicago Blackhawks (+7500 DraftKings and +10000 FanDuel, from +12500 DraftKings and +25000 FanDuel)
To access the updated lines for every NHL team, and for more analysis, visit TheLines.com/odds/stanley-cup.
Canada
ComeOn Group adds sportsbook to its offering in Ontario
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.”
*Source – H2GC H2 Ontario Data 25.10.2024 (excl. Lottery)
BCLC
INTRALOT Announces New Project with the British Columbia Lottery Corporation for Online Lottery Platform
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.
Canada
Relax Gaming joins forces with PointsBet to strengthen footprint in Ontario
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.
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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