NEO.bet Launches Sports Betting, Esports Markets In Ontario

Another operator went live in Ontario on the one-year anniversary of the province’s regulated iGaming market.

NEO.bet launched in Ontario on Tuesday, just over a month after securing an iGaming license with the Alcohol and Gaming Commission of Ontario.

The German-facing bookmaker is offering Ontarians both sports betting and esports markets and it’s licensed domestically in Germany and Malta in addition to its new Ontario approval. NEO.bet is owned by Reactive Betting Ltd., which is licensed in Malta.

Bettors can enjoy NEO.bet on desktop or by using the mobile apps for iPhone or Android devices.

NEO.bet describes itself as a low-margin sportsbook that is a “betting service made by professionals for professionals.” Ontarians will find a very comprehensive list of soccer markets on its platforms as well as the major North American sports (MLB, NHL, NBA, NFL). The operator offers odds on more than 25 sports and 9,000 live events each month.

Bettors can also find live video streams for esports to enhance the live-betting experience on games like League of Legends, CS:GO, Overwatch, and DotA 2, among others.

Neo.bet is the official sports betting partner of German football clubs SV Darmstadt 98 and TSG 1899 Hoffenheim.

There are now over 40 private operators live in Ontario offering 80 different gaming sites.