Tag Archives: ontario

Catena looks West as Euro impairments stunt 2021 growth  

SBC News Catena looks West as Euro impairments stunt 2021 growth  

Catena Media Plc has underlined its long-term growth strategy and ongoing international expansion projects, as the Stockholm-listed affiliate publisher registers a full-year 2021 operating loss of €12.7 million.  The firm’s FY2021 earnings performance was significantly impacted due to the impairment of previously acquired German and French sports media assets totalling €49 million. Headline metrics saw Catena register corporate revenues of …

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Sarah Hitchcock: Successful OLG link-up shows the way for Bede

OLG

“The focus is on finding more operators with OLG’s way of thinking, that is those who put digital innovation at the heart of their growth strategy,” said Bede Gaming’s Sarah Hitchcock, as she reflected on four years of working with the government agency to build compelling digital products for the people of Ontario. On a more general level, we discussed …

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CGA expands board with four new appointments

SBC News CGA expands board with four new appointments

The Canadian Gaming Association (CGA) has appointed four new members to its Board of Directors during its annual general meeting last week. They comprise Scott Burton, CEO, FansUnite Entertainment Inc; Neil Erlick, Chief Corporate Development Officer, Nuvei; Jeffrey Haas, SVP, International Strategy, DraftKings Inc; and Chuck Keeling, EVP, Stakeholder Relations and Responsible Gaming, Great Canadian Gaming Corporation. Burton oversees the overall business vision and framework, global …

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FDJ Solutions to power Ontario PROLINE+ sportsbook 

SBC News FDJ Solutions to power Ontario PROLINE+ sportsbook 

Groupe FDJ has announced a major North American commercial expansion as its Sporting Solutions and Gaming Solutions subsidiaries have been chosen to power the Ontario Lottery and Gaming Corporation’s (OLG) first sportsbook property.  The partnership will see FDJ subsidiaries provide a fully managed wagering solution for the launch of PROLINE+, OLG’s new sportsbook brand, which will serve as the province …

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BCLC PlayNow launches Canada’s first single-sports wagering markets

SBC News BCLC PlayNow launches Canada's first single-sports wagering markets

The British Columbia Lottery Corporation (BCLC) will begin offering single-event sports bets and bets on racing and fighting on its website, PlayNow.com, when Bill C-218 – the Safe and Regulated Sports Betting Act – comes into effect today. PlayNow.com players can now place a single wager on the outcome of a football game, such as Saturday’s meeting between the BC Lions and Ottawa Redblacks, or the …

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Betsson commits to Canada through Slapshot investment

SBC News Betsson commits to Canada through Slapshot investment

Betsson AB has continued its strategic expansion into new markets by disclosing that it has acquired a 28% stake in Canadian start-up Slapshot Media Inc. The investment led by subsidiary ‘Betsson Perch AB’ will provide Slapshot Media with CAD $3 million (€2m) in enterprise funding as the wider Betsson group commits to becoming a participant within Canada’s transformed gambling marketplace.  …

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Erik Nyman, EveryMatrix: Talent drive and strategic Miami base behind US market plans

Miami

As a “trendy metropolitan city” that fosters creativity, Miami is the perfect new base for EveryMatrix, as the igaming software provider sets about becoming the largest turnkey provider for both the US and markets across Latin America. We spoke to Erik Nyman, appointed last summer as President Americas at EveryMatrix, about the need to get “boots on the ground” in …

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Canada moves out of gambling wilderness as Bill C-218 secures final approval

SBC News Canada moves out of gambling wilderness as Bill C-218 secures final approval

Canada has ended its decade long drama to legislate single sports wagering, as yesterday evening the Senate approved the third and final reading of ‘Bill C-218 The Safe & Regulated Sports Act’.  Approved without any amendment, Bill C-218 will allow Canada’s 10 provinces to choose whether to independently regulate for single-event wagering on pro-sports events. Of heightened significance, Bill C-218 …

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Inbound budget sees Ontario pull the trigger on its igaming framework  

SBC News 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 …

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Federal or provincial… Canada stuck at regulatory crossroads

SBC News 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. …

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