Legal
October 19, 2021
Cullen Commission Close to Wrapping up BC Casino Investigation
Apparently, the government of British Columbia (BC) is partially to blame for the money-laundering activity that has taken place at the country’s casinos. That’s part of the takeaway from the still-ongoing Cullen Commission, an investigation into how hundreds of millions of dollars were funneled through several casinos without anyone caring. The investigation is now entering […]
Business
October 13, 2021
Score Media and Gaming Shareholders Approved $2B Acquisition
The operator of theScore sports betting, media and technology brand, Score Media and Gaming, announced that the special meeting of the company’s shareholders approved the previously announced acquisition by Penn National Gaming (PNG). Shareholder Approval Shareholders at theScore overwhelmingly voted in favor of the proposed $2-billion cash plus stock acquisition deal through a Plan of […]
Business
October 8, 2021
PointsBet Canada Announced Dave Rivers as VP of Marketing
PointsBet continues with its talent shopping spree eyeing the Canadian market, with the latest addition of Dave Rivers as the new Vice President of Marketing for its Canadian subsidiary. Canadian Launch Preparations Continue The appointment of marketing industry veteran Dave Rivers as VP of Marketing at PointsBet Canada is part of the concerted efforts of […]
Business
October 7, 2021
Bettor Capital Announced Initial Fund Closing, Raised $50M
A new venture focused on online gaming opportunities, Bettor Capital, announced the closing of its first fund, raising more than $50 million in investor money. Initial Fund Closing The funds will go towards early-stage opportunities in software and technology related to online gambling markets, including sports betting, horse racing, fantasy sport, online casino and poker […]
Business
September 30, 2021
Sports IQ Named Sporting Solutions’ Exclusive Player Props Provider
Sports IQ, a company out of North America that specializes in odds-making, announced today that it entered into an agreement with Sporting Solutions, the B2B division of Sporting Group, to become its exclusive provider of US sports player-props markets. Player Props across B2B and B2C The multi-year agreement between Sports IQ and the B2B business […]
Blockchain
September 28, 2021
Canadian Regulators Warn Crypto Platforms against Gambling-Like Promotions
Two Canadian financial regulators have issued a warning to crypto trading platforms, citing obligations related to marketing, advertising, and social media use in the country. The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) produced a joint guidance letter on the safe uses of marketing efforts and warned against “gambling-like” […]
Business
September 16, 2021
Gig Has a New Sales Wiz to Help with North American Expansion
Gaming Innovation Group (GiG) is rapidly positioning itself to be a formidable player in the North American gaming sector. As the region continues to experience tremendous growth, the B2B tech and media solutions company wants to be involved wherever it can showcase its services. To do that, it has now recruited a long-time sales executive […]
Legal
September 13, 2021
Former BCLC Exec Admits He Leaked Money Laundering Activity at Canadian Casinos
For the past several years, certain lawmakers in Canada have been trying to wrap their heads around a problem that still eludes them. A handful of casinos in the country seem to have had no problem laundering massive amounts of money through their doors. Despite the issue having been made public in 2018, there are […]
Sports
August 30, 2021
Ontario’s Market for Single-Game Bets Launches with Proline+
Betting on single-event sports in Ontario started on Friday when Ontario Lottery and Gaming Corporation (OLG) launched its Proline+ solution. The betting site features all well-known markets in North America, but international sports such as boxing, golf, tennis, MMA, and soccer are also available for betting. British Columbia also has its sports betting market in […]
Sports
August 26, 2021
Golf Canada Now Has an Official Gaming Partner through theScore Bet
As Canada prepares to pull back the curtains on its new sports betting regime, Score Media and Gaming is ready to pounce. Already an established name on the Canadian sports betting scene, the company is entering a new phase of development, becoming the exclusive Official Gaming Partner of Golf Canada. The partnership, which will take […]