Business
November 27, 2020
FansUnite Becomes a Member of the Canadian Gaming Association
FansUnite became an official member of the Canadian Gaming Association (CGA). As a result, the company will be able to establish new relationships and grow in the Canadian gaming market. FansUnite Is Now a Member of the CGA FansUnite Entertainment Inc, a sports betting and entertainment company announced that it has become an official member […]
Legal
November 26, 2020
Canada Single Event Sports Betting Bill Moves Forward
The bill which would enable legal betting on single sports events in Canada moved forward as it entered its final passage to become federal legislation on Wednesday this week. Besides bringing vital tax revenue, the bill may also reduce the revenue which is otherwise wagered through offshore online sports betting websites. Bill C-218 Enters Its […]
Business
November 25, 2020
Burgundy Calls Apollo’s $2.5bn Great Canadian Bid Opportunistic
Apollo Global Management Inc may not be offering enough as part of its C$2.5 billion takeover bid for Great Canadian Gaming Corp. Or at least this is what one of the shareholders thinks, as they have opted to hold onto their shares in Great Canadian, Bloomberg reported. Burgundy Asset Management Ltd, one of the major […]
Business
November 25, 2020
Scientific Games to Sell 600 TwinStar VLTs to WCLC
Scientific Games announced on November 23 it has reached an agreement for the sale of 600 TwinStar VLTs to Western Canada Lottery, with delivery expected by the end of 2020. First-Class Gaming Experience Gaming technology supplier Scientific Games Corporation (SC) and Western Canada Lottery Corporation (WCLC) announced on Monday that they have entered a deal […]
Legal
November 6, 2020
Former B.C. Minister Accused of Links to State Casino Money Laundering Operations
Former RCMP officer in charge of illegal anti-illegal gaming unit Fred Pinnock has levied accusations against former B.C. minister for allegedly facilitating money-laundering at state casinos. Former Minister in Charge of Gambling in B.C. Faces an Inquiry Rich Coleman, a former British Columbia minister responsible for gambling, may have assisted criminal organizations with money-laundering operations […]
Poker
November 5, 2020
Canada Revenue Agency Seeks $1.2M in Taxes from WSOP Champion
The tax agency in Canada is seeking unpaid taxes from the World Series of Poker (WSOP) 2010 Main Event Champion Jonathan Duhamel. The agency seeks some $1.2 million in taxes while Mr. Duhamel claims that he doesn’t need to pay taxes since the funds were obtained from games of chance. CRA Seeks Unpaid Taxes from […]
Legal
October 2, 2020
Police Raised Charges against People Running Illegal Gambling
Police in Canada announced Wednesday 74 charges against people arrested during the coronavirus lockdown for operating an illegal casino in Ontario. Back in July, after a month-long investigation, police discovered a mansion in the suburbs of Markham was operating as a gambling den, while all legal casinos have being shuttered due to the lockdown imposed […]
Casino
July 15, 2020
OLG Reminds Ontario Casinos Safety Remains Top Priority
The Ontario Lottery and Gaming Corporation (OLG) issued an update Tuesday, reminding all casino operators in the province that the health and safety of customers, employees and communities remain its top priority. The announcement from the OLG is related to the latest development in Ontario where the government allowed certain businesses to re-open, including casinos […]
Casino
February 13, 2020
Canadian Court of Appeals Says Tips to Casino Workers Are Taxable Income
A Federal Court of Appeals in Canada has upheld a previous court ruling that money granted to casino staff as a “thank you” compensations or tips are still subject to Canadian tax law. Casino Workers Tips Subject to Taxation, Lawmakers Say A Canadian Federal Court of Appeals (FCA) judge has ruled earlier this week that […]