As expected, betting trends on Proline indicated that many customers supported their local teams, despite the odds being against the Toronto Argonauts in the Grey Cup, where they narrowly defeated the Winnipeg Blue Bombers with a score of 24-23.
InOntario sports betting According to reports, 60% of bettors on Proline opted for the Argonauts with a +6.5 point spread, while 52% placed bets on them to win outright.
These insights are drawn from data shared by the Ontario Lottery and Gaming Corporation. In the futures market for the Grey Cup, Winnipeg dominated with double the number of bets compared to Toronto. Additionally, only 25% of bets successfully guessed that the game would remain under 47.5 points. A notable $2,000 spread bet netted one lucky bettor a payout of $5,000.
AtFanDuel Sportsbook Ontario There was considerable interest in prop bets for the Argonauts. One standout was Cam Phillips, who exceeded his receiving total and ended up being the game’s leading receiver. Bettors also accurately predicted that Argos running back Andrew Harris would have a memorable game against his former team, surpassing his total rushing target of 50.5 yards in the fourth quarter. The overall betting landscape was relatively even before the game but shifted in favor of the Argos during play.
At BetRivers Sportsbook, an impressive 79% of the total betting amount and 39% of tickets supported the Argonauts for a win, whereas 53% of the handle and 51% of tickets were placed on the Argos to cover the spread. Only three NFL games attracted larger bet amounts than the Grey Cup in the U.S. That game accounted for 17.4% of the football betting market, despite having the lowest ticket volume compared to other Sunday games.
Whatever the rules —CFL orNFL Football betting continues to show strong growth for the industry.Ontario betting apps .
BetRegal Sportsbook Raises Its Profile
During Grey Cup week in Regina and at the actual game, BetRegal, the official betting partner of the CFL, made a strong presence known. However, the sportsbook is not yet licensed in Ontario,and is currently navigating the registration process. At this time, BetRegal is not offering services to customers in Ontario as they finalize this endeavor.
As the director of marketing for BetRegal, Aly Lalani emphasized, Grey Cup week was focused more on establishing connections with current and prospective sports bettors by providing valuable education on betting, hosting engaging events with former CFL legends like Damon Allen and Matt Dunigan, and showcasing their brand identity.
“It was encouraging to see that people recognized our brand,” he commented. “This was affirming for us. Our goal is to integrate ourselves within various communities. If we had been licensed, our strategy would have leaned more towards client acquisition. But since we're not, it served as a great experience to connect with people. I’d estimate that 20-25% of attendees were inquiring about sports betting. They are aware of who we are.”
BetRegal Sportsbook has secured a two-year agreement, inclusive of options, with the CFL. Now their focus shifts to next year's Grey Cup in Hamilton, where they will be a part of the regulated market and able to accept live bets.BetRegal has also formed sponsorship agreements with the Hamilton Tiger Cats as well as with the Winnipeg Blue Bombers.
Ontario Teachers’ Pension Fund Divests Stake in Camelot UK Lotteries
It has been a challenging week for the Ontario Teachers’ Pension Fund following a $95 million loss tied to the FTX cryptocurrency fiasco; perhaps this latest news will be a silver lining for the OTPP offices in Toronto.
Recently, it was disclosed that Allwyn AG, a prominent lottery operator in Europe, reached an agreement to purchase Camelot UK Lotteries Limited from OTPP. Currently, Camelot is responsible for operating the National Lottery under a license that extends until January 31, 2024, and will transition into a fully owned subsidiary of Allwyn.
Details regarding the financial terms of the deal have not been revealed.
“We take pride in being a strong supporter and partner of the National Lottery for over 12 years,” remarked Nick Jansa, Executive Managing Director for Europe, Middle East, and Africa at Ontario Teachers’. “During this period, under Camelot’s management, the National Lottery has generated over £20 billion (almost $32 billion Canadian) for charitable causes, benefiting countless organizations throughout the UK.
OTPP also maintains ownership of Premier Lotteries Ireland.
🏈 Latest on the Grey Cup betting odds
Major Leadership Changes at Great Canadian Entertainment
This week also saw the announcement that Anthony Rodio is resigning as CEO of Great Canadian Entertainment, with Matthew Anfinson stepping up as his successor. Additionally, Jordan Banks, the former president of Rogers Sports & Media, has been appointed as the executive chair.
Great Canadian recently disclosed plans to initiate live sports betting at ten of its casinos across Ontario.Ontario online casinos They commenced this operation in April, offering wagering on sporting events.
“The selection of Matt Anfinson as CEO and Jordan Banks as Executive Chair isn’t confined to any particular sector of our business, whether that's casino gaming or entertainment options like hotels, theaters, and dining, nor emerging product offerings like live sports betting in Ontario,” stated Chuck Keeling, the Executive Vice President for community and social responsibility at Great Canadian Entertainment. “Their combined expertise in gaming, hospitality, sports, and entertainment allows Great Canadian to effectively capitalize on the opportunities presented by our diverse product offerings throughout the nation.
“With regard to retail sports betting, we presently feature this service at 10 locations in Ontario and are quite pleased with our initial outcomes.”
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