Tag Archives: canada

Martin Lycka – O Canada when will you revamp sports betting?

Despite all the sports betting regulatory action in the US following last week’s votes, GVC Holdings Senior Vice President of US Regulatory Affairs & Responsible Gambling Martin Lycka is looking at the reaction further north. The fearless men who stand on guard at the Ontario border, through snow, wind and sleet, noticed something rapidly whirling through the plains of Michigan …

Read More »

GVC promotes Martin Lycka to lead US regulatory affairs

Martin Lycka

GVC Holdings has continued to restructure its global senior management team after confirming the promotion of Martin Lycka to the newly created role of ‘Senior Vice President of US Regulatory Affairs & Responsible Gambling’. Lycka has formally served as GVC’s Director of Regulatory Affairs (2018-2020), leading the FTSE100 firm’s management of regulatory stakeholders, group-wide licensing requirements and compliance controls and …

Read More »

Inbound budget sees Ontario pull the trigger on its igaming framework  

The government of Ontario, Canada’s most populous province, is set to move ahead and establish the foundations for a liberalised igaming market – a move that will likely have significant consequences for how Canada chooses to regulated sports betting. Publishing its provincial budget, Ontario’s legislative assembly will reveal its conditions for launching a regulated igaming marketplace – a subject that …

Read More »

Canada’s sports betting hearings threatened by Trudeau’s ’emergency recess’ 

Further frustrations appear on the legislative horizon for the Canadian sports betting marketplace, after the Liberal Party government prorogued Parliament until 23 September.  The decision to recess Parliament and Commons presents a blow to the progress of Bill C-221, Canadian betting’s third attempt to implement a federal framework for ‘single sports wagering’. Authored by long-term sports betting advocate Brian Masse, …

Read More »

Federal or provincial… Canada stuck at regulatory crossroads

Canada’s continued resistance towards legalising a ‘single sports betting’ framework has perplexed industry observers, as a subject matter that has all political party support, professional sports’ blessings and a ready-made audience.  One-by-one as US states regulate sports wagering, the Great White North continues its slumber on adopting some form of a modern sport betting framework, replacing its antiquated parlay systems. …

Read More »

Masse pushes for third Canadian Single Sports Betting Bill

MP Brian Masse, the representative for Windsor West Ontario, has put forward his third attempt to legalise ‘single sports wagering’ federally across Canada. Despite securing cross-party support, in 2016 Masse’s Bill C-221 ‘The Safe & Regulated Sports Act’ was rejected in its final Ottawa House hearing, as PM Justin Trudeau’s newly installed Liberal Party refused to support a Canadian wagering …

Read More »

mkodo agrees £7.8m sale to Pollard Banknote Canada

The management of mkodo has this morning issued a corporate statement confirming that it has reached a binding agreement to be acquired by Canadian commercial printing firm Pollard Banknote Limited. Deal terms will see Pollard Banknote pay an initial £7.8 million sum for mkodo assets and IPs, prior to standard capital adjustments. The acquisition will feature further earn-outs based on …

Read More »

Scientific Games secures BCLC Canada’s digital extension

Nasdaq-listed industry technology group Scientific Games Corporation (SGC) has announced a further major contract renewal, as Canada’s British Columbia Lottery Corporation (BCLC) expands its lead services agreement for a further five years through to 2024. Expanding its existing remit, Scientific Games’ subsidiary SG Digital will act as lead online sports betting and igaming systems provider for BCLC domains, covering all core …

Read More »

City anticipates tough choices in Flutter’s pursuit of Stars

City analysts are pondering how Flutter Entertainment will sooth competition concerns across multiple markets, attached to its bold merger pursuit with digital rival The Stars Group Inc. Since the merger was propositioned on 2 October, Flutter CEO Peter Jackson and corporate governance have emphasised confidence in clearing all regulatory hurdles to deliver a £10 billion online gambling powerhouse. The stakes …

Read More »

Winning Post: Is horseracing + slots a cold turkey?

Have global racing stakeholders, hidden the sport’s structural shortcomings through a dependence on gaming machines to generate revenues. Industry strategic consultancy Regulus Partners investigates this complex dependence partnership… ____________________ Horseracing and gaming machines have a curiously intertwined history on both sides of the pond. In the UK, the reduction in LBO gaming machine stakes from this week is already causing a …

Read More »