Sports Betting Company Partnership With Retired Boxer

Earlier this month, SBtech, a leading sports betting company in the UK, welcomed famous retired boxer Evander Holyfield to speak at the ICE Totally Gaming 2015 event in London. SBtech provides services to traditional and regulated online gaming markets.

The company recently announced that Evander Holyfield, a renowned World Heavyweight Championship boxer who retired from boxing in 2014, will partner with SBtech to develop a new online gaming brand entitled “The Real Deal.” SBtech plans to utilize its marketing services to offer on its international platforms.

Through content providers such as Microgaming, Betsoft Gaming and Net Entertainment, the site will reportedly allow visitors to participate in a wide array of different types of popular online casino gaming activities. Both classic style slots video games and 3-D slots games will be available. SBtech indicated the proposed site will also offer a number of other popular casino games, including roulette and blackjack.

SBtech was created in 2007. The company’s CEO is Itai Zek, an experienced online gaming industry executive who previously worked as a corporate officer at Spin3, a division of Microgaming that promotes mobile gaming services. More recently, Mr. Zek served as a Vice President of eGaming services at Spiral Solutions.

He welcomed Evander Holyfield’s partnership with SBtech, noting “He’s an inspirational individual, not to mention a champion many times over…”

SBtech indicates that its company furnishes sports betting services that pertain to some 30 different types of sports. The company is one of the largest international online sports betting firms. Sports betting reportedly enjoys popularity internationally. SBtech monitors over 60,000 events every month. Some online casinos offer sports betting coverage.

United States citizens are not allowed to participate in sports betting. The federal government with the support of many professional sports leagues in the USA, in 1992 passed a law outlawing sports wagering by U.S. citizens. The statute makes an exception for sports lotteries conducted in Montana, Oregon, Delaware and Nevada that have licensed and regulated sports pools. The law forbidding sports betting by U. S. citizens is called the Professional and Amateur Sports Protection Act. It was strongly supported by professional sports league lobbies on the grounds that wagering might result in adverse public perceptions of sporting events.

Despite the federal law, Americans reportedly do sometimes gamble online illegally. The American Gaming Association recently estimated that some $3.8 billion in illegal betting will occur in advance of the Super Bowl game this year. Some professional sports officials have indicated that legalizing sports betting by U. S. citizens might offer a more effective framework for regulating the online sports betting industry. The issue generates considerable controversy in the United States.

Evander Holyfield earned extensive honors during his lengthy boxing career. In 1990 and 1993, he won multiple titles as a heavyweight class boxer, earning the WBA title as World Heavyweight Champion in 1990, 1993, 1996 and 2000. After retiring from boxing last year, he formed an agreement with XLR8 Boxing to partner in Real Deal Promotions (“RDP”), a company that will launch a promotional tour in 2015 in an effort to establish some new international boxing events.

During a highly publicized boxing match on June 28, 1997 between Evander Holyfield and Mike Tyson, Mike Tyson shocked numerous boxing fans by losing his temper in the ring and biting off a portion of one of Evander Holyfield’s ears during the match. The incident temporarily interrupted Mr. Holyfield’s stellar career, but he returned to professional boxing a short time later and earned additional titles before announcing his retirement in 2014.

Most recently, Mr. Holyfield appeared in a public service announcement broadcast in the State of Georgia with the support of the Georgia State Patrol urging drivers to avoid road rage incidents. He revealed that he had encountered an incident which made him very angry while driving, when another driver honked at him repeatedly. However, he was able to recall advice from a family member, his mother, that caused him to exercise restraint.

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