Tag Archives: canada

Social betting site FansUnited launches PickTracker

FansUnite, a social betting site that uses virtual currency, has rolled out its much-anticipated PickTracker software. This feature will enable users to analyse their betting history by allowing the user to view historical data and break down their past picks by sport, league, or bet-type and helping the user to look critically at their own betting patterns. The idea behind …

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Canadian MPs angered at stalling of sports betting bill

Canada enters Super Bowl XLIX weekend with the publicised delay of Bill C-290, after both political parties had agreed (in 2014) for the single sports betting bill C-290 to be reviewed by the Canadian House of Commons in early 2015. Bill C-290 would amend Canada’s criminal code with regards to sports betting, by allowing licensed gambling premises to allow wagers …

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Self-taught computer program finds optimal poker strategy

A computer program that taught itself to play poker has created nearly the best possible strategy for one version of the game, showing the value of techniques that may prove useful to help decision-making in medicine and other areas. The program considered 24 trillion simulated poker hands per second for two months, probably playing more poker than all humanity has …

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Canada sports betting ruling poses further threat to US Pro Leagues

While US sports betting’s 2014 agenda has been dominated primarily by New Jersey states attempt to approve sports wagering within legalised gambling premises (casino and race tracks). US concerns on sports betting, may soon shift cross border to Canada where authorities and media have begun to debate the legalisation of sports betting. Next January the Canadian Senate will review Bill …

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UI can hold the key to holding customers longer

Mark Gibson, Business Development Director at mkodo, says that an effective user interface can make an operator stand out from the crowd. The online sportsbook market is a relatively mature one and, certainly, a competitive one. Market advantage for operators is hard-won and probably even harder to maintain with substantial pressure being placed on user-loyalty through the widespread use of …

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Reuters reports on bookmaker’s social responsibility plans

Global news resource Reuters has reported on the UK betting industry and its attempts to tackle problem gambling using an algorithm developed by Harvard scientists. The algorithm monitors win-loss responses, average stakes and betting frequency which bookmakers intend to use this to pinpoint risky behaviour. A similar system has been introduced by some state operators in Canada. At Harvard Medical …

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Bwin admits to talks amid rumours of £1.2bn takeover

Bwin.party has admitted to the stock markets that it has been looking at a variety of different partnerships as it looks to create value for shareholders, as rumours persist that the Amaya Group has been making moves to snap up the operator with a £1.2bn takeover offer. In a statement, it revealed: “Further to recent media speculation regarding a possible …

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Racing UK to show Canada’s premier horserace

The Grade One Pattison Canadian International, Canada’s showpiece event, will be shown live and free to watch on Racing UK on Sunday, when Brown Panther and Hillstar will fly the flag for Britain. The CAN $1million (c.£550,000) turf race is run over a mile and a half and has been recently dominated by European horses, with 10 of the last …

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Intertain agrees deal for €89.1m Vera&John

Canadian gaming group The Intertain Group has agreed to buy Malta-based operator Vera&John for €81m, with a potential of another €8.1 should the firm perform to certain standards. Intertain revealed that it has entered into a non-binding letter of intent to acquire Vera&John parent company Dumarca Holdings Limited using €44.5 million in cash and €36.5 million in common shares. The …

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Ladbrokes exits Canadian market

Ladbrokes has announced the withdrawal of its igaming and sports betting operations from the Canadian market . The operator issued a statement to Canadian players on Tuesday asking them to withdraw all funds from their accounts. Ladbrokes would no longer accept wagers or deposits from players and bank accounts registered in Canada. Canadian players have been given thirty days to …

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